Zip Code 97405- Things you need to know.
Zip Code 97405 in Eugene, Oregon, is a non-unique zip code type with an area code of 541. It is located in the metro area and borders the city limits of Eugene and Springfield areas in Oregon. It is considered as socio-economically a middle-class zip code compared to other zip codes in Oregon.
Population and Demographics
Zip Code 97405, as of the latest data for 2020, has the total population of 44,645. It records a a population density of 294 people per square mile, which is less than the average population density. This zip code is less crowded and had a large space considering its total land area of 151.91 square miles and a water area of 0.37 square miles. The people living here comprise of people in their late 20s to early 40s. Moreover, the majority of the race here is white, with 89.1%. 3.3% are Asian, and 1.1% are black or African American.
Real Estate Market and Home Values
As of September 2020, Zip Code 97405 has the median listing price of houses of $429,000, trending up 8.2% year-over-year. Perhaps, the median sale price here is $399,500, with a median listing price of $220 per square foot. Moreover, Zip Code 97405 is a seller’s market, which means more people are looking to buy than available houses for sale. However, according to realtor.com, there are currently 212 houses for sale here that you can check out, ranging from $45,000 to $3,000,000. You can also check out the Zillow listings of 121 total homes for sale with a median home value estimate of $300,900 and a 4.0% home value forecast.
Economy and Job Market
According to Sperling’s Best Places, the median household income in this zip code is $58,516 a year, higher than the U.S. average of $53,482 a year. The average income here is also higher than the U.S average of $28,555 a year, with $34,939 a year. However, the unemployment rate here is a bit higher, with 4.4%, while the U.S average is 3.7%. Nevertheless, the job market and economy here is promising and is perfect for young professionals.
Outdoor Activities and Restaurants
97405 is perfect for outdoor enthusiasts, for it is the home of Spencer Butte Trail. You can find Spencer Butte Trail at 85385 Willamette St Eugene OR 97405. It is the most popular Eugene hike destination. This trail has meadows, switchbacks through the beautiful thick forest, and a treeless, rocky butte. It offers some of the Southern Willamette Valley and Eugene’s best views that you will ever see.
Aside from that, 97405 also have fantastic restaurants. One example of which is the Glenwood Restaurant at 2588 Willamette St Eugene OR 97405. It is an award-winning local restaurant that offers a casual ambiance with a varied menu ranging from tempeh stir fry and eggs benedict. If you’re a vegetarian, don’t worry because they also offer vegetarian options. Perhaps, they also offer wine, espresso, beer, and delicious desserts.
Events and Festivals
Aside from that, one of the highlights of Zip Code 97405 is the Oregon Asian Celebration. The diverse populations of Asian-Americans living in Oregon sparked the interest of Angie Collas-Dean, Ada O. L. Lee, and Vern Ho to celebrate the Annual Oregon Asian Celebration every 3rd of February. The event aims to foster cooperation and familiarity among the different nationalities living within the area. Also, this presents the landscapes of the Asian cultural variety shows, dishes, and heritage exhibits. For instance, the Taiko drumming, Chinese lion dancers, Taiwan folk songs, Korean fan dances, martial arts, and other music and dance demonstrations will bring your heart to the new Asian countries’ horizon. For over 30 years, the event has evolved from its humble beginnings to a much-cherished institution of the Lane County community today. Considered one of the largest volunteer-driven events on the West Coast, the Annual Oregon Asian Celebration attracts thousands of patrons to participate in the event each year.