ZIP Code 97331

Corvallis — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
$5,620
Median home value
$513,000
Property tax rate
0.95%
Combined sales tax
0.00%

ZIP code 97331, which takes in part of Corvallis, sits at the low end of the income scale, with per-capita income of just $5,620 — a figure shaped largely by the student population attending Oregon State University. Property taxes run at a 0.95% effective rate at the county level, so owners here still owe a real share of their assessed value each year despite the area's low earnings. No combined sales tax applies, meaning purchases made in this ZIP carry no added state or local levy at checkout. Together these figures point to a distinctly working-class, campus-driven economy.