Interested in purchasing investment houses in the 97504 zip code in Medford, OR?
The zip code 97504 is in Jackson county with a latitude of -122.798690000000 and longitude of 42.326930000000, is in the state of Oregon. The average asking price of houses and condos is $305,170.00 and the average sale price was $204,013.00. 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° 19' 36.948" N, 122° 47' 55.284" W. The county F.I.P.S. is 41029. This zip code contains two cities including Medford, OR (35.04%), and Central Point, OR (0.02%) The total land area is 46.7 square miles and the water area is 0.0 square miles. The elevation in this area is 1352 - 3150 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97504 is in county number 029 and is L. Sector 00, L. Segment 01, H. Sector 60, and H. Segment 60. The population was 48,469 in 2019 and 44,444 in 2010. Of this, the break down in 2019 was 46,663 urban and 1,805 rural. This further breaks down to 23,350 males (48.2%) and 25,119 females (51.8%). The median age of residents is 42.5 years. The population of the greater Medford, OR area is 208,541. The population density (people per square mile) is 1,037. This zip code has a combined total of 20,938 houses and condos. There are 8,596 rented appartments. 43% of residents rent versus the 43% 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 $62,132 and the average salary is $46,046. The median household income of individuals is $55,710.00 and the average is $76,840.00. This zip code has a mean commute time to work of 15.5 minutes. The unemployment rate is 4.2%. Income earners by percent breakdown as 44.70% (Under $50,000), 34.10% ($50,000-$100,000), and 21.20% earn over $100,000. 13.9% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 98.7. The educational breakdown is 93.3% have a high school education or higher, 33.5% have a bachelor's degree or higher, and 11.4% have some kind of profesional degree.
This area has 18,534 households and the average size is 2.4 people. Individuals who are single and have never been married are 24.1%, 53.9% are now married, 1.9% are separated, 7.2% are widowed, and 12.9% are divorced. The average yearly contribution amount given by people to charity was $4,765 versus the state average of $3,648. The percent of residents who gave to charity was 33.8%.
The estimated median value of houses and condos is $336,037. The median monthly owner costs of mortgage holders was $1,730, where as the costs for those who don't have a mortgage are $539. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 4.1.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $3,296. 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 $3,384. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $3,126. Reported taxable interest for persons was $2,682, dividends $8,076, capital gains +$20,156, and itemized deductions $26,617. The average earned income tax credit is $2,120. The percent of individuals that use a tax preparer is 53.8%. The total average income taxes paid by individuals was $10,128. Businesses reported an average profit of $16,597.
Vinny's Italian Kitchen
970 N Phoenix Rd Ste 104, Medford, OR 97504
Bambu
970 N Phoenix Rd Ste 106, Medford, OR 97504
Thai Bistro
535 Stevens St Ste F, Medford, OR 97504
Sky House Bar & Grill
1000 Terminal Loop Pkwy, Medford, OR 97504
Shoji's Of Medford
2640 E Barnett Rd Ste C, Medford, OR 97504
Mongolian BBQ
975 Medford Ctr, Medford, OR 97504
Silver Dragon
1011 Spring St, Medford, OR 97504
Kaleidoscope Pizzeria & Pub
3084 Crater Lake Hwy, Medford, OR 97504
Baci's
2105 Roberts Rd, Medford, OR 97504
Parkside Cafe
110 Hawthorne St, Medford, OR 97504
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