97470, Roseburg, OR

The Roseburg, Oregon zip code 97470 has a population of approximately 34,000 people. The median household income in this zip code is $60,000 and the median home value is $215,000. The percentage of homes that are owner-occupied is 73% and the percentage of homes that are rented is 27%.

There has been an increase in home equity in the Roseburg area over the past few years. In 2013, the home equity in this zip code was $157,000. This increased to $236,000 by 2016. This indicates that there has been an increase in home values over this time period. It is likely that this increase is due to a number of factors including an influx of new residents into the area, low interest rates and increasing wages.

It should be noted that not all homeowners in the Roseburg area have seen an increase in their home equity values over this time period. There has been a decrease in home equity values for homeowners who have taken out mortgages since 2013 (-$8,500). This indicates that there may be some risk associated with investing money into a property here.