Grants Pass, OR · Oregon
Josephine County
ZIP 97534
88,069 residents291 permits TTM$59,097 median HHI10 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$383,100
ACS 5-Year
Cap rate proxy
3.6%
FMR × 0.65 ÷ Home Value
Rent-to-income
23.5%
HUD FMR ÷ ACS HHI
Net migration
+1.64%
IRS SOI
Permits (TTM)
291
Census BPS
Climate risk
90.2
FEMA NRI (0–100)
ZIP 97534
Median home value
—
Gross yield
—
Cap rate
3.6%
Rent gap
—
Affordability
P/I: 6.5R/I: —
Section 8 detail
SAFMR: —Rent: —Gap: —
ZIP code breakdown10 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 97523 | — | — | — | 4.8% | — |
| 97538 | — | — | — | 4.4% | — |
| 97526 | — | — | — | 5.2% | — |
| 97497 | — | — | — | 4.4% | — |
| 97531 | — | — | — | 3.6% | — |
Ranked by composite score
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Demographics
Owner-occupied
71.7%
Census ACS
Vacancy rate
7.3%
Census ACS
Bachelor's degree +
19.7%
Census ACS
Rent burdened
54.8%
Census ACS (>30% income)
Median age
47.5
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026