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 covers 121.0 square miles in Banks, Washington County, Oregon (a standard USPS delivery area), with a modest 4,550 residents on file, a density of 38 people per square mile, in the Los Angeles time zone.
ZIP 97106 lands in the middle-income range, with a median household income of $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 solid share of residents have a four-year degree: 42.6% of adults hold a bachelor's degree or higher, the median age is 41.5, and the average commute is 26 minutes. To put 97106 in local context, 5 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Washington County, for a geography-aware comparison.
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 97106
Top 5 sectors by establishment count in Banks, OR
Which industries have the most business establishments in ZIP 97106.
- Construction
Construction
32 establishments
- Retail trade 12
Retail trade
12 establishments
- Administrative and support and waste management and remediation services 9
Administrative and support and waste management and remediation services
9 establishments
- Accommodation and food services 9
Accommodation and food services
9 establishments
- Other services (except public administration) 8
Other services (except public administration)
8 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 97106, Banks, 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
4,550
Population
121.0
Area (sq mi)
38
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 97106?
41.5
Median Age
49.5%
Male
50.5%
Female
5.6%
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?
$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
Banks, OR 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
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?
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
$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)
How have home values changed over time?
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.
- 97116
Forest Grove (97116)
24,104 residents
- 97113
Cornelius (97113)
14,155 residents
- 97106 4,550
Banks (97106)
4,550 residents
- 97133 4,000
North Plains (97133)
4,000 residents
- 97109 577
Buxton (97109)
577 residents
- 97125 157
Manning (97125)
157 residents
What this shows Among its immediate neighbors, ZIP 97106 ranks #3 by population - useful context the national average alone can't give.
ZIP 97106 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 97125
Manning (97125)
$250,000 median income
- 97109
Buxton (97109)
$150,893 median income
- 97133
North Plains (97133)
$133,167 median income
- 97106
Banks (97106)
$104,250 median income
- 97113 $96,859
Cornelius (97113)
$96,859 median income
- 97116 $92,613
Forest Grove (97116)
$92,613 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.
More ZIP Codes in Washington County
Related Areas
Frequently Asked Questions
What county is ZIP code 97106 in? ▼
What is the population of ZIP code 97106? ▼
What is the median household income in ZIP 97106? ▼
What is the average home value in ZIP 97106? ▼
What is the demographic makeup of ZIP 97106? ▼
How many businesses are in ZIP code 97106? ▼
What are the main industries in ZIP code 97106? ▼
How have home values changed in ZIP code 97106? ▼
What is the education level in ZIP code 97106? ▼
What is the average commute time in ZIP 97106? ▼
What percentage of residents own vs. rent in ZIP 97106? ▼
What is the poverty rate in ZIP code 97106? ▼
Read our methodology to see how this data is sourced, computed, and verified.