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ZIP 97242 — Housing & Real Estate

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

Upper Middle ClassRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97242

Median Home Value
$637,000
Median Rent
$1,444
Affordability Snapshot
$175,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,092/mo PITI).

17%
Rent-to-Income Ratio

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

6.1x
Home Price-to-Income Ratio

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

36.8 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 97242, a household would need roughly $175,000 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 $4,092. That is about 68% above the local median household income ($104,432), 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
40.7%-38% vs US avg
x
Vacancy Rate
1.4%-87% vs US avg
x
Broadband Access
93.2%+7% vs US avg
x
4+ Bedrooms
2.2%-85% vs US avg
x
Built Pre-1939
1.8%-86% vs US avg
x
Built Post-2014
2.1%-70% vs US avg
x
Rent Burden >30%
13.4%-73% vs US avg
x
Mortgage-Free
35.6%-7% vs US avg
x
$637,000
Home Value
$1,444
Rent
1952
Year Built
2016
Moved In

Residents have lived here since ~2016 on average

Housing Structure

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

  • 1-unit detached53.1%
  • 1-unit attached9.6%
  • 2-9 units25.8%
  • 10+ units11.5%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$637,000
Median rent$1,444
Owner-occupied40.7%
Vacant1.4%
Price-to-income6.1x
Est. income to buy$175,000