97901, Adrian, OR

The 97901 zip code of Adrian, Oregon is located in the Willamette Valley and has a population of around 12,000 people. The median home value in this zip code is $269,000 and the median household income is around $75,000. The unemployment rate in Adrian is around 3%, which is lower than the national average.

There are a number of factors that contribute to the high home values in Adrian. First, there are a lot of affluent residents who have been able to buy homes at an attractive price point. Second, Adrian has a low crime rate and a stable economy, which has led to increased demand for housing. Finally, there is limited supply of homes available in this area, which has driven up prices even more.

Despite these positive factors, there are some challenges that homeowners in the 97901 zip code face. One issue is that interest rates have been relatively low for a long time now and this has made it difficult for people to get mortgages for new homes or to refinance their existing mortgages. Another issue is that there are not enough new homes being built in Adrian – especially affordable housing – which means that homeownership rates continue to decline even as prices rise.