Interested in purchasing investment houses in the 97501 zip code in Medford, OR?
The zip code 97501 is in Jackson county with a latitude of -122.905410000000 and longitude of 42.281780000000, is in the state of Oregon. The average asking price of houses and condos is $220,965.00 and the average sale price was $139,203.00. this regions is classified as the Medford - Klamath Falls metro area and consists of the following area codes: 458 and 541. The location in degrees is 42° 16' 54.408" N, 122° 54' 19.476" W. The county F.I.P.S. is 41029. This zip code contains three cities including Medford, OR (15.62%), Phoenix, OR (0.03%), and Jacksonville, OR (0.00%) The total land area is 53.1 square miles and the water area is 0.1 square miles. The elevation in this area is 1339 - 3681 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97501 is in county number 029 and is L. Sector 00, L. Segment 02, H. Sector 02, and H. Segment 02. The population was 46,494 in 2019 and 42,117 in 2010. Of this, the break down in 2019 was 41,886 urban and 4,607 rural. This further breaks down to 22,419 males (48.2%) and 24,075 females (51.8%). The median age of residents is 36.7 years. The population of the greater Medford, OR area is 208,541. The population density (people per square mile) is 875. This zip code has a combined total of 19,520 houses and condos. There are 8,455 rented appartments. 47% of residents rent versus the 47% of residents in the state who rent.
The financial status of those living in this area is considered lower middle class. The average individual gross adjusted income is $38,086 and the average salary is $31,914. The median household income of individuals is $37,805.00 and the average is $47,580.00. This zip code has a mean commute time to work of 18.4 minutes. The unemployment rate is 6.0%. Income earners by percent breakdown as 64.30% (Under $50,000), 28.90% ($50,000-$100,000), and 6.80% earn over $100,000. 17.3% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 97.4. The educational breakdown is 84.9% have a high school education or higher, 17.5% have a bachelor's degree or higher, and 6.7% have some kind of profesional degree.
This area has 16,416 households and the average size is 2.5 people. Individuals who are single and have never been married are 31.1%, 45.5% are now married, 1.7% are separated, 5.2% are widowed, and 16.5% are divorced. The average yearly contribution amount given by people to charity was $3,192 versus the state average of $3,648. The percent of residents who gave to charity was 18.9%.
The estimated median value of houses and condos is $236,298. The median monthly owner costs of mortgage holders was $1,374, where as the costs for those who don't have a mortgage are $494. The median number of rooms in houses and condos are 5.6 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $2,080. 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 0.9% which amounted to an average tax amount of $2,268. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.7% which amounted to an average tax amount of $1,555. Reported taxable interest for persons was $1,738, dividends $3,788, capital gains +$5,966, and itemized deductions $20,275. The average earned income tax credit is $2,181. The percent of individuals that use a tax preparer is 50.6%. The total average income taxes paid by individuals was $6,769. Businesses reported an average profit of $11,793.
Original Roadhouse Grill
2699 W Main St, Medford, OR 97501
Villa Fresh Italian Kitchen
1600 N Riverside Ave, Medford, OR 97501
Misoya Bistro
235 Theater Aly, Medford, OR 97501
Sansei
1600 N Riverside Ave, Medford, OR 97501
I Love Sushi
219 E Barnett Rd, Medford, OR 97501
Oh's Osaka
123 S Front St, Medford, OR 97501
Hannah's BBQ & Catfish
1924 Elm Ave, Medford, OR 97501
Porters
147 N Front St, Medford, OR 97501
McGrath's Fish House
68 E Stewart Ave, Medford, OR 97501
Debby's Diner
3808 S Pacific Hwy, Medford, OR 97501
Los Arcos
1501 Sage Rd Ste A, Medford, OR 97501
Habaneros Mexican Restaurant
142 N Front St, Medford, OR 97501
Hawaiian Hut
1234 S Riverside Avenue, Medford, OR 97501
Noho's Hawaiian Restaurant
330 E Mcandrews Rd, Medford, OR 97501
China Hut
450 S Riverside Ave, Medford, OR 97501
Hawaiian Hut
1234 S Riverside Ave, Medford, OR 97501
Peruvian Point
101 South Riverside Ave Corner Of Riverside And 8th St, Medford, OR 97501
Over Easy
21 N Bartlett St, Medford, OR 97501
Beijing House
510 N Riverside Ave, Medford, OR 97501
Rosario's Italian Restaurant
2221 W Main St, Medford, OR 97501
First Street Trattoria and Catering
116 W 1st St, Phoenix, OR 97535 (4.2 miles away)
Vinny's Italian Kitchen
970 N Phoenix Rd Ste 104, Medford, OR 97504 (5 miles away)
Bangkok's Atchara
203 E Main St, Talent, OR 97540 (6.9 miles away)
Seafood Doctor Inc
4848 Airway Dr, Central Point, OR 97502 (7.5 miles away)
Applegate River Lodge Restaurant
15100 Highway 238, Applegate, OR 97530 (9.2 miles away)
Umi Sushi
7310 Crater Lake Hwy, White City, OR 97503 (11.1 miles away)
Beasys On The Creek
51 Water St Ste 333, Ashland, OR 97520 (12.6 miles away)