Interested in purchasing investment houses in the 97302 zip code in Salem, OR?
The zip code 97302 is in both Marion and Polk counties with a latitude of -123.067850000000 and longitude of 44.901870000000, is in the state of Oregon. The average asking price of houses and condos is $240,388.00 and the average sale price was $204,356.00. this regions is classified as the Portland metro area and consists of the following area codes: 503 and 971. The location in degrees is 44° 54' 6.732" N, 123° 4' 4.26" W. The county F.I.P.S. is 41047. The total land area is 23.6 square miles and the water area is 0.7 square miles. The elevation in this area is 171 - 518 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97302 is in county number 047 and is L. Sector 00, L. Segment 01, H. Sector 05, and H. Segment 05. The population was 39,128 in 2019 and 37,131 in 2010. Of this, the break down in 2019 was 38,143 urban and 984 rural. This further breaks down to 18,826 males (48.1%) and 20,302 females (51.9%). The median age of residents is 39.9 years. The population of the greater Salem, OR area is 395,272. The population density (people per square mile) is 1,660. This zip code has a combined total of 17,260 houses and condos. There are 6,590 rented appartments. 41% of residents rent versus the 41% 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 $64,079 and the average salary is $48,759. The median household income of individuals is $53,726.00 and the average is $80,940.00. This zip code has a mean commute time to work of 22.4 minutes. The unemployment rate is 4.1%. Income earners by percent breakdown as 46.60% (Under $50,000), 33.10% ($50,000-$100,000), and 20.30% earn over $100,000. 11.3% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 95.3. The educational breakdown is 95.6% have a high school education or higher, 42.1% have a bachelor's degree or higher, and 16.6% have some kind of profesional degree.
This area has 15,609 households and the average size is 2.4 people. Individuals who are single and have never been married are 29.8%, 50.0% are now married, 1.8% are separated, 4.7% are widowed, and 13.7% are divorced. The average yearly contribution amount given by people to charity was $4,552 versus the state average of $3,648. The percent of residents who gave to charity was 36.7%.
The estimated median value of houses and condos is $311,821. The median monthly owner costs of mortgage holders was $1,685, where as the costs for those who don't have a mortgage are $621. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.2% which equated to an average real estate tax amount payment of $3,682. 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 1.2% which amounted to an average tax amount of $3,680. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.2% which amounted to an average tax amount of $3,704. Reported taxable interest for persons was $2,011, dividends $6,570, capital gains +$16,432, and itemized deductions $25,588. The average earned income tax credit is $2,048. The percent of individuals that use a tax preparer is 44.2%. The total average income taxes paid by individuals was $11,475. Businesses reported an average profit of $15,800.
Wind Jammers Seafood
3890 Commercial St SE, Salem, OR 97302
Ramen Ichiban
4845 Commercial St SE, Salem, OR 97302
Love Love Teriyaki
4555 Liberty Rd S Ste 250, Salem, OR 97302
Venti's Cafe & Tap House
2840 Commercial St SE, Salem, OR 97302
Gerry Frank's Konditorei
310 Kearney St SE, Salem, OR 97302
Robert's Crossing
3635 River Rd S, Salem, OR 97302
Chinn's Restaurant
4835 Commercial St SE, Salem, OR 97302
Gold Dragon Restaurant
4645 Commercial St SE, Salem, OR 97302
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