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ZIP 97283 — Housing & Real Estate

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

Middle ClassRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 97283

Median Home Value
$421,500
Median Rent
$1,451
Affordability Snapshot
$116,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,708/mo PITI).

24%
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.

24.2 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 97283, a household would need roughly $116,000 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 $2,708. That is about 57% above the local median household income ($73,750), 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
41.2%-37% vs US avg
x
Vacancy Rate
3.3%-68% vs US avg
x
Broadband Access
93.9%+8% vs US avg
x
4+ Bedrooms
1.2%-92% vs US avg
x
Built Pre-1939
3.7%-71% vs US avg
x
Built Post-2014
0.9%-87% vs US avg
x
Rent Burden >30%
16.2%-67% vs US avg
x
Mortgage-Free
11.4%-70% vs US avg
x
$421,500
Home Value
$1,451
Rent
1982
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

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

  • 1-unit detached27.5%
  • 1-unit attached13.1%
  • 2-9 units15.7%
  • 10+ units43.7%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$421,500
Median rent$1,451
Owner-occupied41.2%
Vacant3.3%
Price-to-income5.7x
Est. income to buy$116,000