Interested in purchasing investment houses in the 97229 zip code in Portland, OR?
The zip code 97229 is in both Washington and Multnomah counties with a latitude of -122.809940000000 and longitude of 45.550630000000, is in the state of Oregon. The average asking price of houses and condos is $444,720.00 and the average sale price was $400,828.00. 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° 33' 2.268" N, 122° 48' 35.784" W. The county F.I.P.S. is 41067. This zip code contains eight cities including Bethany, OR (23.36%), Portland, OR (20.00%), Cedar Mill, OR (16.14%), Rockcreek, OR (9.50%), West Haven-Sylvan, OR (3.14%), Beaverton, OR (2.16%), Oak Hills, OR (1.32%), and Hillsboro, OR (0.27%) The total land area is 20.6 square miles and the water area is 0.0 square miles. The elevation in this area is 213 - 827 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97229 is in county number 057 and is L. Sector 21, L. Segment 77, H. Sector 77, and H. Segment 77. The population was 70,207 in 2019 and 58,217 in 2010. Of this, the break down in 2019 was 68,578 urban and 1,628 rural. This further breaks down to 34,226 males (48.8%) and 35,981 females (51.2%). The median age of residents is 39.6 years. The population of the greater Portland-Vancouver-Beaverton, OR-WA area is 2,255,276. The population density (people per square mile) is 3,414. This zip code has a combined total of 26,722 houses and condos. There are 7,455 rented appartments. 29% of residents rent versus the 29% 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 $120,624 and the average salary is $105,505. The median household income of individuals is $96,211.00 and the average is $148,060.00. This zip code has a mean commute time to work of 26.1 minutes. The unemployment rate is 3.8%. Income earners by percent breakdown as 22.00% (Under $50,000), 29.80% ($50,000-$100,000), and 48.20% earn over $100,000. 4.8% 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 98.4% have a high school education or higher, 68.3% have a bachelor's degree or higher, and 33.9% have some kind of profesional degree.
This area has 21,741 households and the average size is 2.7 people. Individuals who are single and have never been married are 24.1%, 62.8% are now married, 0.6% are separated, 3.4% are widowed, and 9.2% are divorced. The average yearly contribution amount given by people to charity was $4,412 versus the state average of $3,648. The percent of residents who gave to charity was 50.4%.
The estimated median value of houses and condos is $608,714. The median monthly owner costs of mortgage holders was $2,530, where as the costs for those who don't have a mortgage are $856. The median number of rooms in houses and condos are 7.5 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $6,014. 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 $5,913. 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 $6,332. Reported taxable interest for persons was $1,710, dividends $7,368, capital gains +$17,440, and itemized deductions $35,030. The average earned income tax credit is $1,810. The percent of individuals that use a tax preparer is 44.2%. The total average income taxes paid by individuals was $19,018. Businesses reported an average profit of $23,358.
Bethany's Table
15325 NW Central Dr, Portland, OR 97229
Biscuits Cafe
4744 NW Bethany Blvd, Portland, OR 97229
Pasta Pronto
18070 NW Evergreen Pkwy, Beaverton, OR 97006 (2.5 miles away)
McCormick & Schmick's
9945 SW Beaverton Hillsdale Hwy, Beaverton, OR 97005 (3.8 miles away)
Outback Steakhouse
11146 SW Barnes Rd, Portland, OR 97225 (4.2 miles away)
The Fishwife
5328 N Lombard St, Portland, OR 97203 (5.3 miles away)
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
