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ZIP Code 97347

Learn about the people, housing, costs and businesses in 97347

Median Home$371,349
Median Rent$1,071/month
Population3,121
Leading IndustriesConstruction · Agriculture & Mining · Wholesale Trade6% construction
Home Value Growth+0.1% over 2 years
Young Adults25% of residents
Homeowners70% of occupied units
NotableVeteran Community11% of residents · top 11% nationally
ZIP Code
97347

Frequently Asked Questions

What are today's mortgage rates in ZIP code 97347?

As of today, the 30-year fixed mortgage rate for ZIP code 97347 is approximately 6.886% (6.922% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 97347
What is the median home price in ZIP code 97347?

The median home value in ZIP code 97347 is $371k. The median monthly rent is $1,071. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 97347?

Home values in ZIP code 97347 have increased 0.1% over the past two years. The market has been relatively stable. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 97347?

Based on a typical all-in ownership cost of $1,090/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $47k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 97347 is $58k/year.

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What industries drive the economy in ZIP code 97347?

The largest employment sectors in ZIP code 97347 are public administration (19%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.