ZIP 97527 - 860Z200US97527 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP 97527, located in southern Oregon, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 36,000 and a mix of housing and income metrics, this region presents unique opportunities and challenges for homebuyers, real estate investors, small-business owners, and analysts. Let’s break down the latest data to help you make informed decisions about living, working, or investing in this community.

Population & Households

ZIP 97527 is home to 36,756 residents, making it a moderately sized community with a stable population base. This area supports 14,573 households, reflecting a diverse mix of family structures and living arrangements. With 15,481 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate availability for new residents or investors looking for properties. Understanding the population size and household distribution is crucial for gauging demand for housing, services, and local businesses in this ZIP code.

Income & Housing Costs

The median household income in ZIP 97527 stands at $66,396, suggesting a middle-income community with reasonable purchasing power. This income level can support a range of lifestyles and business offerings, from essential services to discretionary spending. On the housing front, the median home value is $408,200, reflecting a relatively high cost of ownership that may appeal to investors seeking appreciation potential. For renters, the median rent is $1,350 per month, which is significant but aligns with the area’s home values. These figures provide a benchmark for affordability and investment returns, whether you’re buying a home or evaluating rental opportunities.

Race & Ethnicity

The demographic makeup of ZIP 97527 is predominantly White, accounting for 82.14% of the population. Hispanic or Latino residents make up 11.1%, while smaller percentages include Black (0.46%) and Asian (0.95%) individuals. This composition indicates a largely homogeneous community with some diversity, which can influence cultural dynamics, business offerings, and community engagement. For businesses and investors, understanding these demographics helps tailor services or marketing strategies to the local population’s needs and preferences.

Key Facts

• Total population: 36,756 residents in ZIP 97527 as of 2023.
• Total households: 14,573, supporting a variety of family and individual living arrangements.
• Total housing units: 15,481, indicating potential availability for new occupants or investors.
• Median household income: $66,396, reflecting a middle-income community.
• Median home value: $408,200, suggesting a strong real estate market.
• Median rent: $1,350 per month, a notable cost for renters in the area.
• Racial composition: 82.14% White, 11.1% Hispanic, with smaller percentages of other groups.

What This Means for You

For homebuyers, ZIP 97527 offers a community with a solid population base and a median home value of $408,200, which may indicate long-term value growth but requires careful budgeting given the income levels. The slight surplus of housing units could mean more options to choose from, potentially easing competition in some segments of the market.

For investors and real estate agents, the combination of a $408,200 median home value and $1,350 median rent suggests opportunities for rental income or property flips, especially with over 900 unoccupied housing units potentially available. The stable population and income levels also support sustained demand for housing.

For small-business owners, the 36,756 residents and $66,396 median income point to a community with spending power for both essential and discretionary goods. Tailoring offerings to the predominantly White and Hispanic demographic, while considering cultural nuances, could enhance customer engagement.

For analysts, these metrics provide a foundation for deeper studies into housing trends, economic stability, and demographic shifts in ZIP 97527, helping to predict future growth or challenges in the area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 97527? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Input any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to make data-driven decisions for your next home purchase, investment, or business venture with confidence.