ZIP Code 97408 -- Zcta 97408, OR

Lane | 2024 American Community Survey Data

Key Insights

  • 22.59% of workers here work from home — more than double the pre-pandemic national average, reflecting the shift to remote work.

Quick Overview

Population
15,420
Unknown
Median Income
$104,945
Home Value
$539,600
Median Rent
$1,799
Median Age
42.50
Diversity Index
46.70
Moderate
Cost of Living
175.6
very high
Unemployment
6.0%

About ZIP Code 97408

ZIP code 97408 in Zcta 97408, Oregon is a unknown area with a population of 15,420. The median household income is $104,945, which is This is 40% above the national median of $75,000.. The median home value is $539,600, representing a price-to-income ratio of 5.1x . The cost of living is very high with an index of 175.6 (the national average is 100). Residents have a median age of 42.50 years. Approximately 50.3% of adults hold a bachelor's degree or higher. This ZIP code is located in Lane, OR.

Population & Age

Total Population
15,420
Median Age
42.50
Male Population
7,359
47.7%
Female Population
8,061
52.3%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
46.70 Moderate
White
77.7%
Black or African American
2.6%
Hispanic or Latino
8.8%
Asian
4.5%
Native American
0.5%
Pacific Islander
0.0%
Two or More Races
12.5%
Other Race
2.2%

Racial Composition

Income & Economy

Median Household Income
$104,945
Mean Household Income
$136,127
Per Capita Income
$58,391
Below Poverty Line
4.3%

This is 40% above the national median of $75,000.

Income Distribution

Housing

Median Home Value
$539,600
Median Rent
$1,799
Total Housing Units
6,890
Occupied Units
6,587
Vacant Units
303
4.4% vacancy
Median Year Built
1997
Owner Occupied
65.1%
Renter Occupied
34.9%
Price-to-Income Ratio 5.1x

Housing is expensive relative to income

Ownership vs Rental

Owner 65.1% Renter 34.9%

Education

High School Diploma or Higher 95.5%
Bachelor's Degree or Higher 50.3%
Graduate or Professional Degree 21.0%

Employment & Commuting

Civilian Labor Force
8,115
Employment Rate
94.0%
Unemployment Rate
6.0%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
63.4%
Carpool
8.7%
Public Transit
1.2%
Work from Home
22.6%

Cost of Living Index

175.6
very high

The cost of living in ZIP code 97408 is 75.6% above the national average of 100.

0 National Avg (100) 200

Compare 97408 with:

Compare 97408 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Lane

ZIP Code City Population Median Income
97402 Eugene 53,823 $57,658
97401 Coburg 49,437 $52,022
97405 Eugene 46,933 $95,170
97478 Springfield 39,373 $80,086
97477 Springfield 37,534 $65,662
97404 Eugene 34,244 $86,776

Frequently Asked Questions about ZIP Code 97408

ZIP code 97408 (Zcta 97408, OR) has a total population of 15,420 according to the 2024 American Community Survey. The median age is 42.50 years.

The median household income in ZIP code 97408 is $104,945 per year, based on 2024 Census Bureau data. This is 40% above the national median of $75,000.

ZIP code 97408 is primarily located in Zcta 97408, Oregon (OR). It falls within Lane County.

The median home value in ZIP code 97408 is $539,600, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,799.

The median age in ZIP code 97408 is 42.50 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 97408 has a cost of living index of 175.60 (national average = 100). This means the cost of living is very high compared to the national average.

In ZIP code 97408, 50.27% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 21.04% hold a graduate or professional degree.

The unemployment rate in ZIP code 97408 is 6.03%, which is above the national average of 3.6%. About 22.59% of workers work from home.

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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.