| ZIP Code | 97623 |
|---|---|
| City | Bonanza |
| State | Oregon (OR) |
| County | Klamath County |
| Area Code | 458/541 |
| Elevation | 4,806 ft |
| Latitude | 42.198886 |
|---|---|
| Longitude | -121.312645 |
| Timezone | Los Angeles (DST) |
| FIPS | 41035 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 48.2 yrs |
|---|---|
| Avg Household Size | 2.25 |
| Below Poverty | 14.5% ▲ 45% above avg |
| College Grads | 34.4% ▼ 11% below avg |
| Unemployment | 7.4% ▲ 52% above avg |
| No HS Diploma | 10 (0.5%) |
| HS Graduate | 540 (24.6%) |
| Some College | 370 (16.9%) |
| Associates | 520 (23.7%) |
| Bachelors | 185 (8.4%) |
| Graduate Degree | 570 (26%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $76,522 ≈ Avg ↑ 90% since 2019 |
|---|---|
| Median Home Value | $280,600 ≈ Avg ↑ 82% since 2019 |
| Home/Income Ratio | 3.7x (nat avg ~3.5x) |
| Median Rent | $879/mo ↑ 22% since 2019 |
| Total Units | 1,478 |
| Vacant Units | 164 |
| Avg HH Size | 2.25 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 1,478 |
|---|---|
| Vacant | 164 |
| Owner Occupied | 79.8% |
| Renter Occupied | 20.2% |
| Avg HH Size | 2.25 |
ZIP code 97623 is located in Bonanza, Oregon, within Klamath County. With a population of 2,954, this is a sparsely populated ZIP code with a mature community — the median age is 48.2 years. Economically, 97623 is a middle-income ZIP code: the median household income of $76,522 is near the national average.
Real estate in ZIP code 97623 represents a mid-range housing market. The median home value of $280,600 is near the national average. Renters can expect to pay around $879 per month in median rent. Homeownership is strong here — 79.8% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 82% since 2019.
The population of 97623 is primarily White (85.82%). Residents are moderately educated — 34.4% hold a bachelor's degree or higher, which is near the national average. Poverty affects some residents at 14.5%. Household income has grown by 90% since 2019.
The unemployment rate in 97623 stands at 7.4%, which is significantly above the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 82%.
Overall, ZIP code 97623 in Bonanza, OR is characterized as middle-income, moderately educated, a mature community, and predominantly owner-occupied. With 2,954 residents, a median household income of $76,522, and a median home value of $280,600, it offers a clear picture of life in this part of Oregon.