ZIP Code 97737

In ZIP code 97737, near Klamath Falls, homes carry a median value of $315,400 while the county-level property tax rate sits at 0.62%. That combination yields an annual tax bill well under what many higher-rate areas demand. Households here report a median income of $107,546, and per-capita income reaches $105,617 — earnings that comfortably outpace the yearly property tax owed on a median-priced home. With no combined sales tax applied, day-to-day purchases aren't adding to the cost of living. The result is a housing market where ownership costs stay contained against local paychecks.