US5.com
  1. Home
  2. States
  3. Oregon
  4. ZIP 97062
  5. Housing & Real Estate
Tualatin city, OR

ZIP 97062 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97062

Median Home Value
$607,800
Median Rent
$1,583
Affordability Snapshot
$167,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,904/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.7x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

32.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 97062 in Tualatin city, OR, a household would need roughly $167,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,904. That is about 56% above the local median household income ($106,987), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
58.6%-10% vs US avg
x
Vacancy Rate
5.2%-49% vs US avg
x
Broadband Access
94.5%+9% vs US avg
x
4+ Bedrooms
5.9%-60% vs US avg
x
Built Pre-1939
0.2%-98% vs US avg
x
Built Post-2014
0.1%-99% vs US avg
x
Rent Burden >30%
25.6%-49% vs US avg
x
Mortgage-Free
29.1%-24% vs US avg
x
$607,800
Home Value
$1,583
Rent
1991
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached53.4%
  • 1-unit attached7.8%
  • 2-9 units17.2%
  • 10+ units19.3%
  • Mobile home & other2.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$607,800
Median rent$1,583
Owner-occupied58.6%
Vacant5.2%
Price-to-income5.7x
Est. income to buy$167,000