Sherwood, OR · standard

ZIP Code 97140

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

23,474
207/sq mi
$123,228
Median income
$653,600
Median home value
48.4%
Bachelor's or higher

The verdict

Sherwood pairs a top-decile household income with top-decile home values, in a low-density, homeowner-dominated area.

Top 9%
household income, US ZIPs
Top 7%
home value, US ZIPs
207
people per sq mi
75%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 97140 against every reporting US ZIP.

ZIP code 97140 is classified by USPS as a standard delivery area and covers roughly 113.2 square miles in Sherwood, Washington County, Oregon. The area is home to 23,474 residents, producing a population density of 207 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 97140 against Oregon and the nation.

On the economic side, the median household income for ZIP 97140 sits at $123,228 (58% above the Oregon average), while per-capita income is $53,346. The poverty rate stands at 3.8% and the unemployment rate at 3.5%. On housing, the median home value is $653,600 (51% above the state average) with median rent at $2,073 per month, and 75.4% of occupied units are owner-occupied, a direct signal of whether 97140 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 48.4% of adults hold a bachelor's degree or higher, the median age is 37.6, and the average commute is 24 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Washington County, so you can benchmark 97140 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 97140

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 97140.

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 97140, Sherwood, 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

23,474

Population

113.2

Area (sq mi)

207

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 97140?

37.6

Median Age

48.1%

Male

51.9%

Female

7.1%

Foreign-Born

White 79.7%
African American 0.8%
Asian 4.2%
American Indian or Alaska Native 0.2%
Native Hawaiian or Pacific Islander 0.1%
Two or More Ethnicities 12.8%
Hispanic or Latino 8.5%

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?

$123,228

Median Household Income

+58% vs state

$53,346

Per Capita Income

3.8%

Poverty Rate

3.5%

Unemployment Rate

24.4 min

Mean Commute Time

How ZIP 97140 ranks nationally

Household income vs. every US ZIP code

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

$123,228 Top 9% higher than 91% 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%). Below this entry. $120,000–$140,000: 1,362 US ZIPs (4%). This entry sits in this band. $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 64.9%
Bachelor's Degree or Higher 48.4%

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

What does housing look like?

9,442

Total Housing Units

9,243

Occupied Units

199

Vacant Units

2.88

Avg Household Size

Occupancy Type

Owner 75.4%
Renter 24.6%

$653,600

Median Home Value

+51% vs state

$2,073

Median Rent

1996

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

+1.0%

YoY Change (2024)

286

HPI Index (2000 = 100)

+186%

Total Change Since 2000

Home values in ZIP 97140 have increased 1.0% over the past year (2024). Since 2000, this ZIP has seen +186% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.4% 217
2021 +11.8% 242
2022 +18.5% 287
2023 -1.4% 283
2024 +1.0% 286

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 791 business establishments in ZIP 97140, employing approximately 10,151 people with a combined annual payroll of $566,947,000.

791

Businesses

10,151

Employees

$566.9M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Construction 128 16.2%
Professional, scientific, and technical services 97 12.3%
Health care and social assistance 79 10.0%
Other services (except public administration) 73 9.2%
Administrative and support and waste management and remediation services 67 8.5%
Retail trade 62 7.8%
Accommodation and food services 53 6.7%
Wholesale trade 49 6.2%
Manufacturing 48 6.1%
Finance and insurance 40 5.1%
Real estate and rental and leasing 37 4.7%
Transportation and warehousing 20 2.5%
Arts, entertainment, and recreation 13 1.6%
Educational services 11 1.4%
Information 8 1.0%
Agriculture, forestry, fishing and hunting 3 0.4%

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 97140 vs 97007 →

ZIP 97140 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 97140 ranks #8 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 97140 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 97140 ranks #2 of 9 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
97007 Beaverton, OR 66,954 6.9 mi
97062 Tualatin, OR 27,434 5.1 mi
97224 Portland, OR 31,122 4.8 mi
97070 Wilsonville, OR 20,957 5.6 mi
97132 Newberg, OR 28,278 6.4 mi
97020 Donald, OR 791 9.3 mi
97008 Beaverton, OR 28,969 7.8 mi
97223 Portland, OR 46,699 7.2 mi
97002 Aurora, OR 5,623 8.7 mi
97005 Beaverton, OR 24,906 9.8 mi

More ZIP Codes in Washington County

Frequently Asked Questions

What county is ZIP code 97140 in?
ZIP code 97140 (Sherwood) 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 97140?
ZIP code 97140 in Sherwood, OR has a population of 23,474 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 97140?
The median household income in ZIP 97140 is $123,228, which is 62% above the national average of $76,288.
What is the average home value in ZIP 97140?
The median home value in ZIP 97140 is $653,600, which is 135% above the national average of $278,155.
What is the demographic makeup of ZIP 97140?
The largest racial group in ZIP 97140 is White at 79.7%. Hispanic or Latino residents make up 8.5% of the population.
How many businesses are in ZIP code 97140?
ZIP code 97140 has 791 business establishments employing approximately 10,151 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 97140?
The top industries by establishment count in ZIP 97140 are: Construction (128), Professional, scientific, and technical services (97), Health care and social assistance (79). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 97140?
According to the FHFA House Price Index, home values in ZIP 97140 increased by 1.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 186%. 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 97140?
In ZIP code 97140, 64.9% of residents aged 25+ have a high school diploma or higher, and 48.4% 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 97140?
The mean commute time for workers in ZIP code 97140 is 24.4 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 97140?
In ZIP code 97140, approximately 75.4% of occupied housing units are owner-occupied and 24.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 97140?
The poverty rate in ZIP code 97140 is 3.8% 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 Sherwood, OR

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