Portland, OR · standard

ZIP Code 97203

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

31,042
1,343/sq mi
$78,660
Median income
$484,400
Median home value
45.2%
Bachelor's or higher

The verdict

Portland pairs an above-median household income with upper-quartile home values, in a low-density, mixed-tenure area.

Top 40%
household income, US ZIPs
Top 14%
home value, US ZIPs
1,343
people per sq mi
57%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 97203 against every reporting US ZIP.

ZIP code 97203 is classified by USPS as a standard delivery area and covers roughly 23.1 square miles in Portland, Multnomah County, Oregon. The area is home to 31,042 residents, producing a population density of 1,343 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 97203 against Oregon and the nation.

On the economic side, the median household income for ZIP 97203 sits at $78,660 (1% above the Oregon average), while per-capita income is $42,849. The poverty rate stands at 19.4% and the unemployment rate at 6.8%. On housing, the median home value is $484,400 (12% above the state average) with median rent at $1,571 per month, and 57.0% of occupied units are owner-occupied, a direct signal of whether 97203 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 45.2% of adults hold a bachelor's degree or higher, the median age is 34.3, and the average commute is 26 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Multnomah County, so you can benchmark 97203 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 97203

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 97203.

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 97203, Portland, 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

31,042

Population

23.1

Area (sq mi)

1,343

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 97203?

34.3

Median Age

51.0%

Male

49.0%

Female

11.0%

Foreign-Born

White 55.7%
African American 12.2%
Asian 6.5%
American Indian or Alaska Native 1.1%
Native Hawaiian or Pacific Islander 1.9%
Two or More Ethnicities 16.2%
Hispanic or Latino 18.4%

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?

$78,660

Median Household Income

+1% vs state

$42,849

Per Capita Income

19.4%

Poverty Rate

6.8%

Unemployment Rate

26.2 min

Mean Commute Time

How ZIP 97203 ranks nationally

Household income vs. every US ZIP code

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

$78,660 Top 40% higher than 60% 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%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $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 64.1%
Bachelor's Degree or Higher 45.2%

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

What does housing look like?

13,677

Total Housing Units

13,175

Occupied Units

502

Vacant Units

2.36

Avg Household Size

Occupancy Type

Owner 57.0%
Renter 43.0%

$484,400

Median Home Value

+12% vs state

$1,571

Median Rent

1963

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

+1.1%

YoY Change (2024)

360

HPI Index (2000 = 100)

+260%

Total Change Since 2000

Home values in ZIP 97203 have increased 1.1% over the past year (2024). Since 2000, this ZIP has seen +260% cumulative appreciation.

Year Annual Change HPI Index
2020 +3.0% 305
2021 +12.4% 343
2022 +8.9% 373
2023 -4.6% 356
2024 +1.1% 360

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 677 business establishments in ZIP 97203, employing approximately 14,138 people with a combined annual payroll of $778,264,000.

677

Businesses

14,138

Employees

$778.3M

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Accommodation and food services 78 11.5%
Transportation and warehousing 77 11.4%
Retail trade 68 10.0%
Professional, scientific, and technical services 64 9.4%
Health care and social assistance 63 9.3%
Construction 55 8.1%
Other services (except public administration) 51 7.5%
Manufacturing 50 7.4%
Wholesale trade 50 7.4%
Real estate and rental and leasing 42 6.2%
Administrative and support and waste management and remediation services 30 4.4%
Information 15 2.2%
Arts, entertainment, and recreation 14 2.1%
Finance and insurance 9 1.3%
Educational services 8 1.2%
Management of companies and enterprises 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 97203 vs 97217 →

ZIP 97203 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 97203 ranks #4 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 97203 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 97203 ranks #9 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
97217 Portland, OR 31,438 2.4 mi
97210 Portland, OR 10,887 4.3 mi
98660 Vancouver, WA 11,858 5.7 mi
97229 Portland, OR 58,217 4.7 mi
97225 Portland, OR 24,176 7.2 mi
97221 Portland, OR 11,630 7.6 mi
97227 Portland, OR 3,847 5.6 mi
98663 Vancouver, WA 14,115 5.5 mi
97205 Portland, OR 7,688 6.5 mi
97211 Portland, OR 31,254 6.0 mi

More ZIP Codes in Multnomah County

Frequently Asked Questions

What county is ZIP code 97203 in?
ZIP code 97203 (Portland) is located in Multnomah County, Oregon. Multnomah County contains multiple ZIP codes, see the full list at /counties/multnomah-or.
What is the population of ZIP code 97203?
ZIP code 97203 in Portland, OR has a population of 31,042 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 97203?
The median household income in ZIP 97203 is $78,660, which is 3% above the national average of $76,288.
What is the average home value in ZIP 97203?
The median home value in ZIP 97203 is $484,400, which is 74% above the national average of $278,155.
What is the demographic makeup of ZIP 97203?
The largest racial group in ZIP 97203 is White at 55.7%. Hispanic or Latino residents make up 18.4% of the population.
How many businesses are in ZIP code 97203?
ZIP code 97203 has 677 business establishments employing approximately 14,138 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 97203?
The top industries by establishment count in ZIP 97203 are: Accommodation and food services (78), Transportation and warehousing (77), Retail trade (68). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 97203?
According to the FHFA House Price Index, home values in ZIP 97203 increased by 1.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 260%. 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 97203?
In ZIP code 97203, 64.1% of residents aged 25+ have a high school diploma or higher, and 45.2% 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 97203?
The mean commute time for workers in ZIP code 97203 is 26.2 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 97203?
In ZIP code 97203, approximately 57.0% of occupied housing units are owner-occupied and 43.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 97203?
The poverty rate in ZIP code 97203 is 19.4% 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 Portland, OR

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