ZIP Code 97497

In ZIP code 97497, near Medford, homes carry a median value of $321,800, yet households bring in just $36,210 a year. That gap means buying a home here would stretch most local incomes considerably. Property taxes run at an effective 0.52% of value at the county level, so an owner of a median-priced house would owe roughly $1,673 annually. With per-capita income at $24,579, that bill takes a real bite out of earnings. There is no combined sales tax, which eases day-to-day costs somewhat, but the core tension remains: high home values against low wages.