ZIP 97355 - 860Z200US97355 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 97355, located in the heart of Oregon, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 33,000 and a mix of homeowners and renters, this ZIP code presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Drawing from the latest data, we’ll break down population trends, income levels, housing costs, and cultural diversity to help you make informed decisions about living or working in 97355.

Population & Households

ZIP 97355 is home to 33,236 residents, making it a moderately sized community with a stable population base. These individuals are distributed across 13,048 households, reflecting a mix of family units, singles, and shared living arrangements. The area also has 13,623 total housing units, indicating a slight surplus of available homes compared to occupied households. This could suggest opportunities for growth or investment, especially for those looking to buy or develop property in the region.

Income & Housing Costs

The median household income in ZIP 97355 stands at $64,307, which provides a solid economic foundation for many residents. This income level supports a comfortable lifestyle for families and individuals while offering businesses a customer base with moderate purchasing power. On the housing front, the median home value is $332,700, reflecting a competitive yet accessible real estate market for buyers in Oregon. For renters, the median monthly rent is $1,267, which is reasonable compared to larger urban centers but still a significant expense for lower-income households. These figures highlight the balance between affordability and value in 97355’s housing landscape.

Race & Ethnicity

The demographic makeup of ZIP 97355 is predominantly White, with 87.14% of the population identifying as such. Hispanic or Latino residents make up 6.96% of the community, while Asian and Black populations are smaller, at 0.62% and 0.09%, respectively. This composition suggests a relatively homogenous area with some cultural diversity, which could influence community dynamics, business offerings, and local events. For businesses and investors, understanding this breakdown can help tailor services or marketing strategies to the majority demographic while also addressing the needs of smaller groups.

Key Facts

• Total population: 33,236 residents in ZIP 97355 as of 2023.
• Total households: 13,048, indicating a mix of family and individual living arrangements.
• Total housing units: 13,623, with a small surplus over occupied homes.
• Median household income: $64,307, supporting a stable local economy.
• Median home value: $332,700, offering a competitive market for buyers.
• Median rent: $1,267 per month, a notable cost for renters.
• Racial composition: 87.14% White, 6.96% Hispanic, with smaller Asian and Black populations.

What This Means for You

For homebuyers, ZIP 97355 offers a promising market with median home values at $332,700, which could be within reach for those earning around the area’s median income of $64,307. The slight surplus of housing units suggests potential availability, though competition may still exist for desirable properties. Real estate investors and agents can capitalize on this balance by targeting both buyers and renters, with median rents of $1,267 indicating a steady rental demand. Small-business owners should note the predominantly White demographic and moderate income levels, which could guide product offerings or service pricing to align with local needs and budgets. Analysts can use this data to track trends in housing occupancy or demographic shifts, providing deeper insights for clients or stakeholders. Whether you’re settling down, investing, or starting a venture, 97355 presents a stable and accessible community to explore.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 97355? Start by visiting ZipcodeGPT for a user-friendly platform to analyze local data.
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