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 High-density area
- $70,895
- Median income Near-median income area
- $781,200
- Median home value Above-median home value
- 65.4%
- Bachelor's or higher Above-average bachelor's attainment
National ZIP placement
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.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 97232 (Portland, OR) rose +2.0% from 2023 to 2024. The all-transactions index moved from 290.0 in 2023 to 295.8 in 2024 (2000 = 100).
ZIP code 97232 is a mid-sized community (a standard USPS delivery area) in Portland, Multnomah County, Oregon, home to 11,472 residents across 4.9 square miles, a density of 2,360 people per square mile, in the Los Angeles time zone.
ZIP 97232 lands in the middle-income range, with a median household income of $70,895 (9% below the average Oregon ZIP), while per-capita income is $62,007. The poverty rate is 11.1%, with unemployment at 5.9%; those measures add context to the income figure. Housing costs run above the statewide ZIP benchmark while renting is common: median home value is $781,200 (81% above the average Oregon ZIP), with only 27.0% owner-occupied homes and median rent of $1,646.
This is a highly-educated ZIP: 65.4% of adults hold a bachelor's degree or higher, the median age is 35.6, and the average commute is 23 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Multnomah County, so 97232 can be compared with both its immediate and county-level context.
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 97232
Top 5 sectors by establishment count in Portland, OR
Which industries have the most business establishments in ZIP 97232.
- Professional, scientific, and technical services
Professional, scientific, and technical services
204 establishments
- Health care and social assistance
Health care and social assistance
159 establishments
- Accommodation and food services
Accommodation and food services
152 establishments
- Other services (except public administration)
Other services (except public administration)
148 establishments
- Retail trade
Retail trade
141 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 97232, Portland, 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
11,472
Population
4.9
Area (sq mi)
2,360
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 97232?
35.6
Median Age
53.7%
Male
46.3%
Female
7.9%
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?
$70,895
Median Household Income
-9% vs state ZIP avg
$62,007
Per Capita Income
11.1%
Poverty Rate
5.9%
Unemployment Rate
22.5 min
Mean Commute Time
How ZIP 97232 ranks among Oregon ZIPs
Portland, OR household income vs. every Oregon ZIP code
Median household income among 378 reporting Oregon ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$70,895 48th percentile higher than 48% of 378 Oregon ZIPs
Each bar is a $20K-wide band; taller bars hold more Oregon 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?
Housing stock: occupied vs vacant
10,034housing units
10,034
Total Housing Units
9,171
Occupied Units
863
Vacant Units
1.65
Avg Household Size
Occupancy Type
$781,200
Median Home Value
+81% vs state ZIP avg
$1,646
Median Rent
1974
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
+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.
- 97202
Portland (97202)
38,762 residents
- 97211
Portland (97211)
31,254 residents
- 97213
Portland (97213)
29,219 residents
- 97212
Portland (97212)
24,126 residents
- 97214
Portland (97214)
23,813 residents
- 97215
Portland (97215)
16,375 residents
- 97209 14,950
Portland (97209)
14,950 residents
- 97232 11,472
Portland (97232)
11,472 residents
- 97227 3,847
Portland (97227)
3,847 residents
What this shows Among its immediate neighbors, ZIP 97232 ranks #8 by population - useful context the national average alone can't give.
ZIP 97232 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 97212
Portland (97212)
$131,932 median income
- 97215
Portland (97215)
$116,264 median income
- 97211
Portland (97211)
$112,586 median income
- 97202
Portland (97202)
$104,971 median income
- 97213
Portland (97213)
$97,068 median income
- 97227
Portland (97227)
$93,293 median income
- 97214
Portland (97214)
$87,131 median income
- 97209
Portland (97209)
$80,301 median income
- 97232
Portland (97232)
$70,895 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.
| 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 |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 97232, both outside OR so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (11,472 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Multnomah County
Related Areas
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.
Related
Take this with you
What to do with ZIP 97232's numbers, next.
- See how ZIP 97232 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Portland, OR ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
- Save this ZIP to your shortlist to track alongside others you're considering View your shortlist
ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.