Portland, OR · standard
ZIP Code 97231
Multnomah County, Oregon — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 4,280
- 26/sq mi
- $137,527
- Median income
- $858,200
- Median home value
- 58.8%
- Bachelor's or higher
The verdict
Portland pairs a top-decile household income with top-decile home values, in a rural, homeowner-dominated area.
- Top 6%
- household income, US ZIPs
- Top 4%
- home value, US ZIPs
- 26
- people per sq mi
- 88%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 97231 against every reporting US ZIP.
ZIP code 97231 is classified by USPS as a standard delivery area and covers roughly 166.5 square miles in Portland, Multnomah County, Oregon. The area is home to 4,280 residents, producing a population density of 26 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 97231 against Oregon and the nation.
On the economic side, the median household income for ZIP 97231 sits at $137,527 (77% above the Oregon average), while per-capita income is $76,483. The poverty rate stands at 4.4% and the unemployment rate at 3.8%. On housing, the median home value is $858,200 (98% above the state average) with median rent at $1,898 per month, and 88.3% of occupied units are owner-occupied, a direct signal of whether 97231 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 58.8% of adults hold a bachelor's degree or higher, the median age is 51.7, 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 97231 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 97231
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 97231.
- Other services (except public administration)
Other services (except public administration)
13 establishments
- Retail trade
Retail trade
11 establishments
- Professional, scientific, and technical services
Professional, scientific, and technical services
11 establishments
- Construction
Construction
9 establishments
- Wholesale trade
Wholesale trade
9 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 97231, 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
4,280
Population
166.5
Area (sq mi)
26
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 97231?
51.7
Median Age
50.6%
Male
49.4%
Female
6.2%
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?
$137,527
Median Household Income
+77% vs state
$76,483
Per Capita Income
4.4%
Poverty Rate
3.8%
Unemployment Rate
25.8 min
Mean Commute Time
How ZIP 97231 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$137,527 Top 6% higher than 94% 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?
1,995
Total Housing Units
1,829
Occupied Units
166
Vacant Units
2.33
Avg Household Size
Occupancy Type
$858,200
Median Home Value
+98% vs state
$1,898
Median Rent
1976
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
+1.8%
YoY Change (2024)
272
HPI Index (2000 = 100)
+172%
Total Change Since 2000
Home values in ZIP 97231 have increased 1.8% over the past year (2024). Since 2000, this ZIP has seen +172% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +0.6% | 197 |
| 2021 | +9.1% | 215 |
| 2022 | +20.2% | 258 |
| 2023 | +3.5% | 267 |
| 2024 | +1.8% | 272 |
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 99 business establishments in ZIP 97231, employing approximately 717 people with a combined annual payroll of $46,971,000.
99
Businesses
717
Employees
$47.0M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Other services (except public administration) | 13 | 13.1% |
| Retail trade | 11 | 11.1% |
| Professional, scientific, and technical services | 11 | 11.1% |
| Construction | 9 | 9.1% |
| Wholesale trade | 9 | 9.1% |
| Health care and social assistance | 9 | 9.1% |
| Manufacturing | 6 | 6.1% |
| Transportation and warehousing | 6 | 6.1% |
| Real estate and rental and leasing | 6 | 6.1% |
| Accommodation and food services | 5 | 5.0% |
| Arts, entertainment, and recreation | 4 | 4.0% |
| Administrative and support and waste management and remediation services | 3 | 3.0% |
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 97231 vs 98660 →
ZIP 97231 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 97229
Portland (97229)
58,217 residents
- 97124
Hillsboro (97124)
48,349 residents
- 97217
Portland (97217)
31,438 residents
- 97203
Portland (97203)
31,042 residents
- 98685
Vancouver (98685)
26,217 residents
- 98642 15,696
Ridgefield (98642)
15,696 residents
- 98660 11,858
Vancouver (98660)
11,858 residents
- 97056 11,497
Scappoose (97056)
11,497 residents
- 97210 10,887
Portland (97210)
10,887 residents
What this shows Among its immediate neighbors, ZIP 97231 ranks #0 by population — useful context the national average alone can't give.
ZIP 97231 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 97229
Portland (97229)
$161,570 median income
- 97053
Warren (97053)
$142,538 median income
- 97231
Portland (97231)
$137,527 median income
- 98685
Vancouver (98685)
$130,972 median income
- 98642
Ridgefield (98642)
$120,822 median income
- 97124
Hillsboro (97124)
$110,067 median income
- 97217
Portland (97217)
$100,361 median income
- 97056
Scappoose (97056)
$94,209 median income
- 97210
Portland (97210)
$93,621 median income
What this shows By household income, ZIP 97231 ranks #3 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 98660 | Vancouver, WA | 11,858 | 4.6 mi |
| 97229 | Portland, OR | 58,217 | 8.9 mi |
| 97203 | Portland, OR | 31,042 | 6.2 mi |
| 98685 | Vancouver, WA | 26,217 | 7.1 mi |
| 97217 | Portland, OR | 31,438 | 8.1 mi |
| 97053 | Warren, OR | 3,247 | 10.6 mi |
| 97056 | Scappoose, OR | 11,497 | 9.3 mi |
| 97210 | Portland, OR | 10,887 | 10.3 mi |
| 97124 | Hillsboro, OR | 48,349 | 9.6 mi |
| 98642 | Ridgefield, WA | 15,696 | 10.4 mi |
More ZIP Codes in Multnomah County
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Frequently Asked Questions
What county is ZIP code 97231 in? ▼
What is the population of ZIP code 97231? ▼
What is the median household income in ZIP 97231? ▼
What is the average home value in ZIP 97231? ▼
What is the demographic makeup of ZIP 97231? ▼
How many businesses are in ZIP code 97231? ▼
What are the main industries in ZIP code 97231? ▼
How have home values changed in ZIP code 97231? ▼
What is the education level in ZIP code 97231? ▼
What is the average commute time in ZIP 97231? ▼
What percentage of residents own vs. rent in ZIP 97231? ▼
What is the poverty rate in ZIP code 97231? ▼
ZIP Code Research Guides
Official Data Resources for Portland, OR
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.