Interested in purchasing investment houses in the 97640 zip code in Summer Lake, OR?
The zip code 97640 is in Lake county with a latitude of -120.671720000000 and longitude of 42.890200000000, is in the state of Oregon. The average asking price of houses and condos is $139,000.00 and the average sale price was $89,094.00. 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° 53' 24.72" N, 120° 40' 18.192" W. The county F.I.P.S. is 41037. The total land area is 498.4 square miles and the water area is 50.8 square miles. The elevation in this area is 4695 - 7264 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 97640 is in county number 037 and is L. Sector 00, L. Segment 01, H. Sector 18, and H. Segment 18. The population was 128 in 2019 and 99 in 2010. This further breaks down to 68 males (53.5%) and 59 females (46.5%). The median age of residents is 58.4 years. The population density (people per square mile) is 0.257. This zip code has a combined total of 135 houses and condos. There are 26 rented appartments. 36% of residents rent versus the 36% of residents in the state who rent.
The financial status of those living in this area is considered lower class.
The average individual salary is $24,929. The estimated median household income of individuals is around $27,807. This zip code has a mean commute time to work of 25.9 minutes. The unemployment rate is 5.7%. Income earners by percent breakdown as 0.00% (Under $50,000), 0.00% ($50,000-$100,000), and 0.00% earn over $100,000. 12.3% of residents live below poverty line versus the 11.4% in the state that are below this line. The cost of living index is 92.2. The educational breakdown is 101.6% have a high school education or higher, 49.0% have a bachelor's degree or higher, and 8.3% have some kind of profesional degree.
This area has 56 households and the average size is 1.8 people. Individuals who are single and have never been married are 4.1%, 66.1% are now married, 0.0% are separated, 11.8% are widowed, and 18.1% are divorced.
The estimated median value of houses and condos is $239,615. The median monthly owner costs of mortgage holders was $773, where as the costs for those who don't have a mortgage are $376. The median number of rooms in houses and condos are 4.6 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 0.7% which equated to an average real estate tax amount payment of $1,674. 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. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.7% which amounted to an average tax amount of $1,734. Reported taxable interest for persons was $818 and itemized deductions $14,900.
Cowboy Dinner Tree Restaurant
50962 E Bay Rd, Silver Lake, OR 97638 (17 miles away)
Pioneer Saloon and Restaurant
327 Main St, Paisley, OR 97636 (20.7 miles away)
Fort Rock Restaurant & Pub
64591 Fort Rock Rd, Fort Rock, OR 97735 (24.3 miles away)
Antler Grill
61036 Highway 140 E, Bly, OR 97622 (40.4 miles away)
Running Bear Deli
23270 Sprague River Rd, Sprague River, OR 97639 (47.2 miles away)
Loree's Chalet
109115 Highway 97 N, Chemult, OR 97731 (52.5 miles away)
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