ZIP Code 97405

In ZIP code 97405, which takes in part of Eugene, homes are valued at a median of $537,600, while households earn a median of $95,170 and per-person income reaches $54,361. The county's 0.82% effective property tax rate works out to roughly $4,408 a year on a home at that median value — about 4.6% of median household income. Oregon has no state or local sales tax, so that 0.00% combined rate means purchases aren't adding to the housing cost. Ownership here leans on substantial earnings, yet the tax bill stays tied to a sizable home value.