Interested in purchasing investment houses in the 97638 zip code in Silver Lake, OR?
The zip code 97638 is in both Lake and Deschutes counties with a latitude of -120.998360000000 and longitude of 43.139500000000, is in the state of Oregon. The average asking price of houses and condos is $331,333.00 and the average sale price was $225,914.00. 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 43° 8' 22.2" N, 120° 59' 54.096" W. The county F.I.P.S. is 41037. The total land area is 474.2 square miles and the water area is 0.2 square miles. The elevation in this area is 4272 - 6313 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97638 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 45, and H. Segment 45. The population was 565 in 2019 and 507 in 2010. This further breaks down to 278 males (49.4%) and 286 females (50.6%). The median age of residents is 44.8 years. The population density (people per square mile) is 1. This zip code has a combined total of 324 houses and condos. There are 70 rented appartments. 31% of residents rent versus the 31% 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 $36,561 and the average salary is $28,354. The median household income of individuals is $28,865.00 and the average is $51,540.00. This zip code has a mean commute time to work of 8.4 minutes. Income earners by percent breakdown as 75.30% (Under $50,000), 20.30% ($50,000-$100,000), and 4.40% earn over $100,000. 26.1% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 86.9. The educational breakdown is 92.2% have a high school education or higher, 16.2% have a bachelor's degree or higher, and 3.5% have some kind of profesional degree.
This area has 228 households and the average size is 2.5 people. Individuals who are single and have never been married are 15.3%, 72.2% are now married, 5.0% are separated, 1.5% are widowed, and 6.0% are divorced. The average yearly contribution amount given by people to charity was $6,650 versus the state average of $3,648. The percent of residents who gave to charity was 11.1%.
The estimated median value of houses and condos is $173,049. The median monthly owner costs of mortgage holders was $1,141, where as the costs for those who don't have a mortgage are $379. The median number of rooms in houses and condos are 4.8 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.8% which equated to an average real estate tax amount payment of $1,422. 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 0.8% which amounted to an average tax amount of $1,362. 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 $1,647. Reported taxable interest for persons was $1,217, capital gains +$1,700, and itemized deductions $18,200. The average earned income tax credit is $2,300. The percent of individuals that use a tax preparer is 66.7%. The total average income taxes paid by individuals was $5,200. Businesses reported an average profit of $5,567.
Cowboy Dinner Tree Restaurant
50962 E Bay Rd, Silver Lake, OR 97638
Silver Lake Cafe and Bar
65320 Hghway 31, Silver Lake, OR 97638
Silver Lake Cafe & Bar
65320 Highway 31, Silver Lake, OR 97638
Pioneer Saloon and Restaurant
327 Main St, Paisley, OR 97636 (37.7 miles away)
Fort Rock Restaurant & Pub
64591 Fort Rock Rd, Fort Rock, OR 97735 (39.9 miles away)
Loree's Chalet
109115 Highway 97 N, Chemult, OR 97731 (40.3 miles away)
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