Happy Valley, OR · standard
ZIP Code 97086
Clackamas County, Oregon - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 26,010
- 953/sq mi High-density area
- $102,359
- Median income Above-median income area
- $697,400
- Median home value Above-median home value
- 41.9%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
Happy Valley pairs an upper-quartile household income with top-decile home values, in a low-density, homeowner-dominated area.
- Top 18%
- household income, US ZIPs
- Top 6%
- home value, US ZIPs
- 953
- people per sq mi
- 63%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 97086 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 97086 (Happy Valley, OR) rose +4.2% from 2023 to 2024. The all-transactions index moved from 256.2 in 2023 to 266.9 in 2024 (2000 = 100).
ZIP code 97086 is a densely settled ZIP (a standard USPS delivery area) in Happy Valley, Clackamas County, Oregon, with 26,010 residents across 27.3 square miles, a density of 953 people per square mile, in the Los Angeles time zone.
ZIP 97086 lands in the middle-income range, with a median household income of $102,359 (31% above the average Oregon ZIP), while per-capita income is $51,898. The poverty rate is 9.5%, with unemployment at 5.6%; those measures add context to the income figure. Housing is both higher-cost and owner-heavy: median home value is $697,400 (61% above the average Oregon ZIP), while 62.7% of occupied homes are owner-occupied and median rent is $1,746.
A solid share of residents have a four-year degree: 41.9% of adults hold a bachelor's degree or higher, the median age is 40.2, and the average commute is 26 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Clackamas County, so 97086 can be compared with both its immediate and county-level context.
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 →
Top industries in ZIP 97086
Top 5 sectors by establishment count in Happy Valley, OR
Which industries have the most business establishments in ZIP 97086.
- Retail trade
Retail trade
137 establishments
- Construction
Construction
126 establishments
- Health care and social assistance
Health care and social assistance
118 establishments
- Accommodation and food services
Accommodation and food services
105 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
86 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
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 97086, Happy Valley, 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
26,010
Population
27.3
Area (sq mi)
953
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 97086?
40.2
Median Age
49.1%
Male
50.9%
Female
18.6%
Foreign-Born
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?
$102,359
Median Household Income
+31% vs state ZIP avg
$51,898
Per Capita Income
9.5%
Poverty Rate
5.6%
Unemployment Rate
26.4 min
Mean Commute Time
How ZIP 97086 ranks among Oregon ZIPs
Happy Valley, OR household income vs. every Oregon ZIP code
Median household income among 378 reporting Oregon ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$102,359 Top 16% higher than 84% of 378 Oregon ZIPs
Each bar is a $20K-wide band; taller bars hold more Oregon ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
13,740housing units
13,740
Total Housing Units
12,727
Occupied Units
1,013
Vacant Units
2.70
Avg Household Size
Occupancy Type
$697,400
Median Home Value
+61% vs state ZIP avg
$1,746
Median Rent
1999
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
+4.2%
YoY Change (2024)
267
HPI Index (2000 = 100)
+167%
Total Change Since 2000
Home values in ZIP 97086 have increased 4.2% over the past year (2024). Since 2000, this ZIP has seen +167% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +2.4% | 204 |
| 2021 | +11.4% | 227 |
| 2022 | +15.3% | 262 |
| 2023 | -2.1% | 256 |
| 2024 | +4.2% | 267 |
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 880 business establishments in ZIP 97086, employing approximately 7,709 people with a combined annual payroll of $310,131,000.
880
Businesses
7,709
Employees
$310.1M
Annual Payroll
15
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Retail trade | 137 | 15.6% |
| Construction | 126 | 14.3% |
| Health care and social assistance | 118 | 13.4% |
| Accommodation and food services | 105 | 11.9% |
| Professional, scientific, and technical services | 86 | 9.8% |
| Other services (except public administration) | 74 | 8.4% |
| Real estate and rental and leasing | 59 | 6.7% |
| Administrative and support and waste management and remediation services | 37 | 4.2% |
| Finance and insurance | 34 | 3.9% |
| Wholesale trade | 25 | 2.8% |
| Information | 22 | 2.5% |
| Transportation and warehousing | 19 | 2.2% |
| Arts, entertainment, and recreation | 16 | 1.8% |
| Educational services | 12 | 1.4% |
| Manufacturing | 7 | 0.8% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 97086 vs 97015 →
ZIP 97086 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 97045
Oregon City (97045)
51,359 residents
- 97206
Portland (97206)
47,596 residents
- 97233
Portland (97233)
39,367 residents
- 97236
Portland (97236)
36,852 residents
- 97222
Portland (97222)
34,979 residents
- 97266
Portland (97266)
33,300 residents
- 97086
Happy Valley (97086)
26,010 residents
- 97015 19,521
Clackamas (97015)
19,521 residents
- 97216 15,594
Portland (97216)
15,594 residents
What this shows Among its immediate neighbors, ZIP 97086 ranks #7 by population - useful context the national average alone can't give.
ZIP 97086 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 97089
Damascus (97089)
$123,689 median income
- 97045
Oregon City (97045)
$103,573 median income
- 97086
Happy Valley (97086)
$102,359 median income
- 97206
Portland (97206)
$98,548 median income
- 97027
Gladstone (97027)
$94,375 median income
- 97015
Clackamas (97015)
$87,333 median income
- 97222
Portland (97222)
$83,119 median income
- 97236
Portland (97236)
$75,090 median income
- 97266
Portland (97266)
$72,577 median income
What this shows By household income, ZIP 97086 ranks #3 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 97015 | Clackamas, OR | 19,521 | 2.2 mi |
| 97236 | Portland, OR | 36,852 | 2.9 mi |
| 97266 | Portland, OR | 33,300 | 3.0 mi |
| 97222 | Portland, OR | 34,979 | 4.3 mi |
| 97233 | Portland, OR | 39,367 | 5.0 mi |
| 97216 | Portland, OR | 15,594 | 5.0 mi |
| 97089 | Damascus, OR | 11,986 | 4.3 mi |
| 97206 | Portland, OR | 47,596 | 4.3 mi |
| 97045 | Oregon City, OR | 51,359 | 8.1 mi |
| 97027 | Gladstone, OR | 12,131 | 5.1 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 97086, 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 (26,010 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Clackamas County
Related Areas
Frequently Asked Questions
What county is ZIP code 97086 in?
ZIP code 97086 (Happy Valley) is located in Clackamas County, Oregon. Clackamas County contains multiple ZIP codes, see the full list at /counties/clackamas-or.
What is the population of ZIP code 97086?
ZIP code 97086 in Happy Valley, OR has a population of 26,010 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 97086?
The median household income in ZIP 97086 is $102,359, which is 34% above the national average of $76,288.
What is the average home value in ZIP 97086?
The median home value in ZIP 97086 is $697,400, which is 151% above the national average of $278,155.
What is the demographic makeup of ZIP 97086?
The largest racial group in ZIP 97086 is White at 64.2%. Hispanic or Latino residents make up 10.5% of the population.
How many businesses are in ZIP code 97086?
ZIP code 97086 has 880 business establishments employing approximately 7,709 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 97086?
The top industries by establishment count in ZIP 97086 are: Retail trade (137), Construction (126), Health care and social assistance (118). There are 15 industry sectors represented in total.
How have home values changed in ZIP code 97086?
According to the FHFA House Price Index, home values in ZIP 97086 increased by 4.2% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 167%. 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 97086?
In ZIP code 97086, 60.3% of residents aged 25+ have a high school diploma or higher, and 41.9% 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 97086?
The mean commute time for workers in ZIP code 97086 is 26.4 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 97086?
In ZIP code 97086, approximately 62.7% of occupied housing units are owner-occupied and 37.3% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 97086?
The poverty rate in ZIP code 97086 is 9.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 97086's numbers, next.
- See how ZIP 97086 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Happy Valley, OR ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.