Cove, OR · standard

ZIP Code 97824

Union County, Oregon - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

1,661
3/sq mi
$80,263
Median income
$413,700
Median home value
32.3%
Bachelor's or higher

National ZIP placement

Cove pairs an above-median household income with upper-quartile home values, in a rural, homeowner-dominated area.

Top 38%
household income, US ZIPs
Top 19%
home value, US ZIPs
3
people per sq mi
85%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 97824 against every reporting US ZIP.

FHFA HPI release change

What changed in the latest House Price Index year

2023 -> 2024
  • FHFA House Price Index values in ZIP 97824 (Cove, OR) rose +8.8% from 2023 to 2024. The all-transactions index moved from 286.7 in 2023 to 312.0 in 2024 (2000 = 100).

Arithmetic difference between stored FHFA all-transactions ZIP House Price Index annual values - a developmental index from repeat sales and appraisals, not a transaction median, appraisal opinion, or forecast. Thin markets can move sharply.

National HPI changes Year-pair CSV

ZIP code 97824 covers 572.8 square miles in Cove, Union County, Oregon (a standard USPS delivery area), with a modest 1,661 residents on file, a density of 3 people per square mile, in the Los Angeles time zone.

ZIP 97824 lands in the middle-income range, with a median household income of $80,263 (3% above the average Oregon ZIP), while per-capita income is $60,159. The poverty rate is 10.4%, with unemployment at 7.3%; those measures add context to the income figure. Median home value is $413,700 (4% below the average Oregon ZIP) and median rent is $1,460; 84.8% of occupied homes are owner-occupied.

A solid share of residents have a four-year degree: 32.3% of adults hold a bachelor's degree or higher, the median age is 48, and the average commute is 29 minutes. No nearby ZIP peer set is available for this delivery area, so the Oregon and national benchmarks above are the appropriate context for 97824.

Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →

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Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 97824, Cove, OR · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.

Quick Facts

1,661

Population

572.8

Area (sq mi)

3

People / sq mi

Los Angeles

Time Zone

standard

ZIP Type

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 97824?

48.0

Median Age

52.8%

Male

47.2%

Female

3.8%

Foreign-Born

White 89.1%
African American 0.0%
Asian 0.3%
American Indian or Alaska Native 0.3%
Native Hawaiian or Pacific Islander 0.0%
Two or More Ethnicities 9.4%
Hispanic or Latino 4.3%

Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

How much do residents earn?

$80,263

Median Household Income

+3% vs state ZIP avg

$60,159

Per Capita Income

10.4%

Poverty Rate

7.3%

Unemployment Rate

28.9 min

Mean Commute Time

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What is the education profile here?

High School Graduate or Higher 64.7%
Bachelor's Degree or Higher 32.3%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

825

Total Housing Units

788

Occupied Units

37

Vacant Units

2.61

Avg Household Size

Occupancy Type

Owner 84.8%
Renter 15.2%

$413,700

Median Home Value

-4% vs state ZIP avg

$1,460

Median Rent

1992

Median Year Built

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

FHFA House Price Index, annual appreciation data based on repeat sales and appraisals

+8.8%

YoY Change (2024)

312

HPI Index (2000 = 100)

+212%

Total Change Since 2000

Home values in ZIP 97824 have increased 8.8% over the past year (2024). Since 2000, this ZIP has seen +212% cumulative appreciation.

Year Annual Change HPI Index
2020 -0.2% 188
2021 +16.1% 219
2022 +17.9% 258
2023 +11.2% 287
2024 +8.8% 312

Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.

What businesses operate in this ZIP?

Census Bureau data shows 27 business establishments in ZIP 97824, employing approximately 108 people with a combined annual payroll of $3,545,000.

27

Businesses

108

Employees

$3.5M

Annual Payroll

2

Industry Sectors

Industry Establishments % of Total
Construction 7 25.9%
Health care and social assistance 4 14.8%

Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.

Nationwide ZIPs with similar ACS profiles

Two Census-derived peer sets for ZIP 97824, both outside OR so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).

Similar population

Nearest cross-state ZIPs by resident population (1,661 here; floor ≥1,000).

Similar median household income

Nearest cross-state ZIPs by ACS median household income.

More ZIP Codes in Union County

Frequently Asked Questions

What county is ZIP code 97824 in?
ZIP code 97824 (Cove) is located in Union County, Oregon. Union County contains multiple ZIP codes, see the full list at /counties/union-or.
What is the population of ZIP code 97824?
ZIP code 97824 in Cove, OR has a population of 1,661 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 97824?
The median household income in ZIP 97824 is $80,263, which is 5% above the national average of $76,288.
What is the average home value in ZIP 97824?
The median home value in ZIP 97824 is $413,700, which is 49% above the national average of $278,155.
What is the demographic makeup of ZIP 97824?
The largest racial group in ZIP 97824 is White at 89.1%. Hispanic or Latino residents make up 4.3% of the population.
How many businesses are in ZIP code 97824?
ZIP code 97824 has 27 business establishments employing approximately 108 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
How have home values changed in ZIP code 97824?
According to the FHFA House Price Index, home values in ZIP 97824 increased by 8.8% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 212%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 97824?
In ZIP code 97824, 64.7% of residents aged 25+ have a high school diploma or higher, and 32.3% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 97824?
The mean commute time for workers in ZIP code 97824 is 28.9 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 97824?
In ZIP code 97824, approximately 84.8% of occupied housing units are owner-occupied and 15.2% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 97824?
The poverty rate in ZIP code 97824 is 10.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

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Read our methodology : how this data is sourced, computed, and verified.