Portland, OR · standard

ZIP Code 97232

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

11,472
2,360/sq mi
$70,895
Median income
$781,200
Median home value
65.4%
Bachelor's or higher

The verdict

Portland pairs a below-median household income with top-decile home values, in a suburban-density, renter-heavy area.

48th pct
household income, US ZIPs
Top 5%
home value, US ZIPs
2,360
people per sq mi
27%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 97232 against every reporting US ZIP.

ZIP code 97232 is classified by USPS as a standard delivery area and covers roughly 4.9 square miles in Portland, Multnomah County, Oregon. The area is home to 11,472 residents, producing a population density of 2,360 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 97232 against Oregon and the nation.

On the economic side, the median household income for ZIP 97232 sits at $70,895 (9% below the Oregon average), while per-capita income is $62,007. The poverty rate stands at 11.1% and the unemployment rate at 5.9%. On housing, the median home value is $781,200 (81% above the state average) with median rent at $1,646 per month, and 27.0% of occupied units are owner-occupied, a direct signal of whether 97232 behaves more like a homeowner neighborhood or a renter-heavy ZIP.

Education and household profile round out the picture: 65.4% of adults hold a bachelor's degree or higher, the median age is 35.6, and the average commute is 23 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Multnomah County, so you can benchmark 97232 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 97232

Top 5 sectors by establishment count

Which industries have the most business establishments in ZIP 97232.

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 97232, 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

11,472

Population

4.9

Area (sq mi)

2,360

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 97232?

35.6

Median Age

53.7%

Male

46.3%

Female

7.9%

Foreign-Born

White 68.4%
African American 6.2%
Asian 4.8%
American Indian or Alaska Native 1.0%
Native Hawaiian or Pacific Islander 0.4%
Two or More Ethnicities 15.0%
Hispanic or Latino 14.3%

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?

$70,895

Median Household Income

-9% vs state

$62,007

Per Capita Income

11.1%

Poverty Rate

5.9%

Unemployment Rate

22.5 min

Mean Commute Time

How ZIP 97232 ranks nationally

Household income vs. every US ZIP code

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

$70,895 48th percentile higher than 48% 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 73.0%
Bachelor's Degree or Higher 65.4%

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

What does housing look like?

10,034

Total Housing Units

9,171

Occupied Units

863

Vacant Units

1.65

Avg Household Size

Occupancy Type

Owner 27.0%
Renter 73.0%

$781,200

Median Home Value

+81% vs state

$1,646

Median Rent

1974

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

+2.0%

YoY Change (2024)

296

HPI Index (2000 = 100)

+196%

Total Change Since 2000

Home values in ZIP 97232 have increased 2.0% over the past year (2024). Since 2000, this ZIP has seen +196% cumulative appreciation.

Year Annual Change HPI Index
2020 -0.5% 250
2021 +7.3% 268
2022 +10.2% 296
2023 -1.9% 290
2024 +2.0% 296

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 1,275 business establishments in ZIP 97232, employing approximately 20,104 people with a combined annual payroll of $1,381,400,000.

1,275

Businesses

20,104

Employees

$1.4B

Annual Payroll

17

Industry Sectors

Industry Establishments % of Total
Professional, scientific, and technical services 204 16.0%
Health care and social assistance 159 12.5%
Accommodation and food services 152 11.9%
Other services (except public administration) 148 11.6%
Retail trade 141 11.1%
Real estate and rental and leasing 107 8.4%
Finance and insurance 82 6.4%
Administrative and support and waste management and remediation services 51 4.0%
Information 47 3.7%
Manufacturing 39 3.1%
Wholesale trade 30 2.4%
Construction 27 2.1%
Educational services 27 2.1%
Arts, entertainment, and recreation 22 1.7%
Utilities 17 1.3%
Management of companies and enterprises 11 0.9%
Transportation and warehousing 10 0.8%

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 97232 vs 97212 →

ZIP 97232 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 97232 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 97232 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 97232 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
97212 Portland, OR 24,126 1.0 mi
97214 Portland, OR 23,813 1.0 mi
97208 Portland, OR 0 1.7 mi
97204 Portland, OR 1,036 1.6 mi
97209 Portland, OR 14,950 2.0 mi
97202 Portland, OR 38,762 3.2 mi
97227 Portland, OR 3,847 2.0 mi
97213 Portland, OR 29,219 2.2 mi
97215 Portland, OR 16,375 2.4 mi
97211 Portland, OR 31,254 3.6 mi

More ZIP Codes in Multnomah County

Frequently Asked Questions

What county is ZIP code 97232 in?
ZIP code 97232 (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 97232?
ZIP code 97232 in Portland, OR has a population of 11,472 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 97232?
The median household income in ZIP 97232 is $70,895, which is 7% below the national average of $76,288.
What is the average home value in ZIP 97232?
The median home value in ZIP 97232 is $781,200, which is 181% above the national average of $278,155.
What is the demographic makeup of ZIP 97232?
The largest racial group in ZIP 97232 is White at 68.4%. Hispanic or Latino residents make up 14.3% of the population.
How many businesses are in ZIP code 97232?
ZIP code 97232 has 1,275 business establishments employing approximately 20,104 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 97232?
The top industries by establishment count in ZIP 97232 are: Professional, scientific, and technical services (204), Health care and social assistance (159), Accommodation and food services (152). There are 17 industry sectors represented in total.
How have home values changed in ZIP code 97232?
According to the FHFA House Price Index, home values in ZIP 97232 increased by 2.0% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 196%. 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 97232?
In ZIP code 97232, 73.0% of residents aged 25+ have a high school diploma or higher, and 65.4% 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 97232?
The mean commute time for workers in ZIP code 97232 is 22.5 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 97232?
In ZIP code 97232, approximately 27.0% of occupied housing units are owner-occupied and 73.0% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 97232?
The poverty rate in ZIP code 97232 is 11.1% 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.