Banks, OR · standard

ZIP Code 97106

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

4,550
38/sq mi
$104,250
Median income
$546,400
Median home value
42.6%
Bachelor's or higher

The verdict

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

Top 16%
household income, US ZIPs
Top 11%
home value, US ZIPs
38
people per sq mi
86%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 97106 against every reporting US ZIP.

ZIP code 97106 is classified by USPS as a standard delivery area and covers roughly 121.0 square miles in Banks, Washington County, Oregon. The area is home to 4,550 residents, producing a population density of 38 people per square mile, and falls within the Los Angeles time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 97106 against Oregon and the nation.

On the economic side, the median household income for ZIP 97106 sits at $104,250 (34% above the Oregon average), while per-capita income is $51,076. The poverty rate stands at 7.4% and the unemployment rate at 5.3%. On housing, the median home value is $546,400 (26% above the state average) with median rent at $1,719 per month, and 85.6% of occupied units are owner-occupied, a direct signal of whether 97106 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 42.6% of adults hold a bachelor's degree or higher, the median age is 41.5, and the average commute is 26 minutes. We also surface 5 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Washington County, so you can benchmark 97106 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →

Top industries in ZIP 97106

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 97106.

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 · ZIP Code Business Patterns (ZBP) As of 2023

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 97106, Banks, OR · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.

Quick Facts

4,550

Population

121.0

Area (sq mi)

38

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 97106?

41.5

Median Age

49.5%

Male

50.5%

Female

5.6%

Foreign-Born

White 82.9%
African American 0.4%
Asian 2.1%
American Indian or Alaska Native 0.0%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 10.1%
Hispanic or Latino 7.0%

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?

$104,250

Median Household Income

+34% vs state

$51,076

Per Capita Income

7.4%

Poverty Rate

5.3%

Unemployment Rate

25.8 min

Mean Commute Time

How ZIP 97106 ranks nationally

Household income vs. every US ZIP code

Median household income — the full national distribution, with this ZIP marked

$104,250 Top 16% higher than 84% of 30,318 US ZIPs

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

Each bar is a $20K-wide band; taller bars hold more US 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?

High School Graduate or Higher 63.2%
Bachelor's Degree or Higher 42.6%

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

What does housing look like?

1,962

Total Housing Units

1,907

Occupied Units

55

Vacant Units

2.55

Avg Household Size

Occupancy Type

Owner 85.6%
Renter 14.4%

$546,400

Median Home Value

+26% vs state

$1,719

Median Rent

1991

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

+1.4%

YoY Change (2024)

231

HPI Index (2000 = 100)

+131%

Total Change Since 2000

Home values in ZIP 97106 have increased 1.4% over the past year (2024). Since 2000, this ZIP has seen +131% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.1% 190
2021 +9.7% 208
2022 +11.6% 232
2023 -1.8% 228
2024 +1.4% 231

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 109 business establishments in ZIP 97106, employing approximately 818 people with a combined annual payroll of $43,876,000.

109

Businesses

818

Employees

$43.9M

Annual Payroll

13

Industry Sectors

Industry Establishments % of Total
Construction 32 29.4%
Retail trade 12 11.0%
Administrative and support and waste management and remediation services 9 8.3%
Accommodation and food services 9 8.3%
Other services (except public administration) 8 7.3%
Professional, scientific, and technical services 6 5.5%
Agriculture, forestry, fishing and hunting 5 4.6%
Transportation and warehousing 5 4.6%
Real estate and rental and leasing 5 4.6%
Manufacturing 4 3.7%
Wholesale trade 4 3.7%
Arts, entertainment, and recreation 4 3.7%
Health care and social assistance 3 2.8%

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 97106 vs 97125 →

ZIP 97106 vs its nearest neighbors, by population

Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.

residents

What this shows Among its immediate neighbors, ZIP 97106 ranks #3 by population — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 97106 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

median income

What this shows By household income, ZIP 97106 ranks #4 of 6 neighboring ZIPs — local affluence varies block to block, not just metro to metro.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
ZIP Code City Population Distance
97125 Manning, OR 157 3.9 mi
97116 Forest Grove, OR 24,104 5.3 mi
97109 Buxton, OR 577 6.2 mi
97133 North Plains, OR 4,000 5.8 mi
97113 Cornelius, OR 14,155 11.1 mi

More ZIP Codes in Washington County

Frequently Asked Questions

What county is ZIP code 97106 in?
ZIP code 97106 (Banks) is located in Washington County, Oregon. Washington County contains multiple ZIP codes, see the full list at /counties/washington-or.
What is the population of ZIP code 97106?
ZIP code 97106 in Banks, OR has a population of 4,550 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 97106?
The median household income in ZIP 97106 is $104,250, which is 37% above the national average of $76,288.
What is the average home value in ZIP 97106?
The median home value in ZIP 97106 is $546,400, which is 96% above the national average of $278,155.
What is the demographic makeup of ZIP 97106?
The largest racial group in ZIP 97106 is White at 82.9%. Hispanic or Latino residents make up 7.0% of the population.
How many businesses are in ZIP code 97106?
ZIP code 97106 has 109 business establishments employing approximately 818 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 97106?
The top industries by establishment count in ZIP 97106 are: Construction (32), Retail trade (12), Administrative and support and waste management and remediation services (9). There are 13 industry sectors represented in total.
How have home values changed in ZIP code 97106?
According to the FHFA House Price Index, home values in ZIP 97106 increased by 1.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 131%. 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 97106?
In ZIP code 97106, 63.2% of residents aged 25+ have a high school diploma or higher, and 42.6% 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 97106?
The mean commute time for workers in ZIP code 97106 is 25.8 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend less time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 97106?
In ZIP code 97106, approximately 85.6% of occupied housing units are owner-occupied and 14.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 97106?
The poverty rate in ZIP code 97106 is 7.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Banks, OR

Verify and explore additional data for this area using these official government sources.