Oregon

Tillamook County

ZIP 97147

27,471 residents81 permits TTM$66,551 median HHI13 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$408,600

ACS 5-Year

Cap rate proxy

3.4%

FMR × 0.65 ÷ Home Value

Rent-to-income

21.1%

HUD FMR ÷ ACS HHI

Net migration

+1.48%

IRS SOI

Permits (TTM)

81

Census BPS

Climate risk

81.3

FEMA NRI (0–100)

ZIP 97147

Median home value

$408,600

Gross yield

4.1%

Cap rate

3.4%

Rent gap

16.8%

Affordability

P/I: 6.8R/I:

Section 8 detail

SAFMR: $1,405Rent: $1,169Gap: 20.2%
ZIP code breakdown13 ZIP codes

Numbers repeat across most ZIPs in this county

ZIP-level home-value data isn't published for rural areas. Federal sources (Census ACS, HUD non-metro FMR) are available at the county level only, so home-value, cap-rate, and rent-gap numbers use the county estimate for every ZIP in the county.

ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
97107$388,960$1,4054.3%3.6%16.8%
97108$408,600county est.$1,4054.1%3.4%16.8%
97112$455,285$1,4053.7%3.1%16.8%
97118$408,600county est.$1,4054.1%3.4%16.8%
97122$408,600county est.$1,4054.1%3.4%16.8%

Ranked by composite score

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Demographics

Owner-occupied

73.2%

Census ACS

Vacancy rate

38.1%

Census ACS

Bachelor's degree +

25.1%

Census ACS

Rent burdened

39.7%

Census ACS (>30% income)

Median age

48.9

Census ACS

Data sources
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