HousingHandbookReference data

U.S. ZIP Code · OR97634

Klamath County

Typical home value

$308,302[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.8%
5-year / yr
+6.1%
10-year / yr
+7.7%

Relative price

vs U.S.
+8.5%
vs metro
vs state
-33.0%
ZIP 97634 location in OR
Location of ZIP 97634 in OR

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 97634 is worth $308,302. Over the past year, values have risen 3.8%. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.7%[3]
Typical annual tax
$2,119[3]

#Climate risk

FEMA National Risk Index ratings for Klamath County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Low[4]
Riverine flood
Relatively Moderate
Coastal flood
Not Applicable
Wildfire
Relatively Moderate
Drought
Very Low
Heat wave
Relatively Low
Hurricane
Not Applicable
Tornado
Very Low
Earthquake
Relatively Moderate
Winter weather
Relatively High

#Who lives here

Population
277[3]
Median household income
$68,450[3]

#Migration

Household moves in and out of Klamath County over a year, from IRS tax-return data.

Net migration
+19[5]
Moved in
1,648
Moved out
1,629

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,559
Loan principal$246,641
Down payment$61,660
Total interest paid$314,578

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$1,993
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 97634?
The typical home in 97634 is worth $308,302, based on the Zillow Home Value Index.
Are home values rising in 97634?
Home values in 97634 are up 3.8% over the past year, and up 6.1% a year over five years.
What is the property tax rate in 97634?
The effective property tax rate in 97634 is 0.7% — roughly $2,119 a year on a typical home.
Who lives in 97634?
ZIP code 97634 has a population of 277 and a median household income of $68,450.

Compare ZIPs

Pit ZIP 97634 against any other ZIP — full side-by-side table.

Compare 97634

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