Interested in purchasing investment houses in the 97222 zip code in Portland, OR?
The zip code 97222 is in both Clackamas and Multnomah counties with a latitude of -122.617090000000 and longitude of 45.441290000000, is in the state of Oregon. The average asking price of houses and condos is $216,369.00 and the average sale price was $176,986.00. this regions is classified as the Portland metro area and consists of the following area codes: 503 and 971. The location in degrees is 45° 26' 28.644" N, 122° 37' 1.524" W. The county F.I.P.S. is 41005. This zip code contains four cities including Milwaukie, OR (55.05%), Oak Grove, OR (10.13%), Oatfield, OR (4.99%), and Portland, OR (1.63%) The total land area is 8.5 square miles and the water area is 0.3 square miles. The elevation in this area is 197 - 220 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97222 is in county number 005 and is L. Sector 00, L. Segment 01, H. Sector 09, and H. Segment 09. The population was 37,355 in 2019 and 34,979 in 2010. This further breaks down to 18,422 males (49.3%) and 18,933 females (50.7%). The median age of residents is 38.9 years. The population of the greater Portland-Vancouver-Beaverton, OR-WA area is 2,255,276. The population density (people per square mile) is 4,415. This zip code has a combined total of 16,976 houses and condos. There are 7,339 rented appartments. 46% of residents rent versus the 46% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $47,129 and the average salary is $41,221. The median household income of individuals is $53,093.00 and the average is $61,010.00. This zip code has a mean commute time to work of 27.1 minutes. The unemployment rate is 4.4%. Income earners by percent breakdown as 46.40% (Under $50,000), 37.70% ($50,000-$100,000), and 15.90% earn over $100,000. 12.0% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 103.3. The educational breakdown is 92.5% have a high school education or higher, 34.3% have a bachelor's degree or higher, and 12.4% have some kind of profesional degree.
This area has 14,903 households and the average size is 2.3 people. Individuals who are single and have never been married are 35.0%, 43.3% are now married, 1.6% are separated, 5.5% are widowed, and 14.6% are divorced. The average yearly contribution amount given by people to charity was $2,867 versus the state average of $3,648. The percent of residents who gave to charity was 28.2%.
The estimated median value of houses and condos is $345,878. The median monthly owner costs of mortgage holders was $1,694, where as the costs for those who don't have a mortgage are $587. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $3,481. In comparision, the average real estate tax percent rate in the state is 0.9% which equated to an average real estate tax amount payment in the state of $3,203. The median housing property tax percent for residents with mortgages was 1.0% which amounted to an average tax amount of $3,546. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $3,315. Reported taxable interest for persons was $1,466, dividends $4,736, capital gains +$6,383, and itemized deductions $20,280. The average earned income tax credit is $1,892. The percent of individuals that use a tax preparer is 43.8%. The total average income taxes paid by individuals was $7,728. Businesses reported an average profit of $11,307.
Sushi Kata Japanese Restaurant
13809 SE Mcloughlin Blvd, Portland, OR 97222
McGrath's Fish House
11050 SE Oak St, Portland, OR 97222
Libbie's Restaurant
11056 SE Main St, Milwaukie, OR 97222
The Bomber Restaurant
13515 SE Mcloughlin Blvd, Portland, OR 97222
Ohana Hawaiian Cafe
10608 SE Main St, Milwaukie, OR 97222
Gramma's Corner Kitchen
10880 SE Mcloughlin Blvd, Portland, OR 97222
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