Which Zip Codes Have the Highest Household Income Growth in the Last Decade Around Portland?

Overview

Looking for the best ZIP codes in Portland, OR, for real estate investment or demographic insights? We’ve analyzed median household income growth across multiple ZIP codes within a 10-mile radius of 97201 to pinpoint areas with the strongest financial upward trends. This data-driven approach helps investors and agents identify neighborhoods with promising returns and growing economic vitality.

Methodology Behind the Numbers

We focused on the 10-year window from 2013 to 2023, as it provided the longest consistent dataset for median household income across most ZIP codes in our study area. Using this raw data, we calculated the Compound Annual Growth Rate (CAGR) to measure income growth, ensuring a standardized way to compare ZIP codes over time. ZIPs with missing data for either 2013 or 2023 were excluded to maintain accuracy. This method highlights sustained economic progress, a key indicator for real estate potential.

Key Findings on Income Growth

ZIP code 97229 stands out with an impressive CAGR of nearly 4.8%, reflecting a jump in median household income from $100,063 to $159,863 over the decade. Areas like 97007 and 97215 also show robust growth, with CAGRs exceeding 5%, signaling strong economic momentum. These ZIP codes represent diverse parts of the Portland metro area, from suburban enclaves to urban pockets, each offering unique opportunities for investment.

Other notable performers include 97035 and 97221, where incomes have risen significantly, pointing to stable, affluent communities. Meanwhile, ZIPs like 97006 and 97211 demonstrate consistent growth, appealing to those seeking emerging markets with solid fundamentals. These trends suggest a mix of established and up-and-coming areas worth exploring for real estate returns.

What This Means for You

• Investors: Focus on high-growth ZIPs like 97229 and 97007 for potential appreciation in property values tied to rising incomes.
• Agents: Highlight neighborhoods such as 97215 and 97035 to clients seeking stable, affluent areas with strong economic indicators.
• Homeowners: If you’re in ZIPs like 97211 or 97006, your area’s income growth could boost long-term home equity—consider this for future sales.

Explore More with ZipcodeGPT

Want to dive deeper into Portland’s real estate trends or explore ZIP code insights for another city? With ZipcodeGPT, our interactive SaaS platform, you can uncover detailed demographic and investment data tailored to your needs. Check out full profiles for ZIPs like 97229, 97007, and others mentioned—links are provided below this article. Join us to analyze any area or topic that matters to you.

Recreate This Analysis with ZipcodeGPT

Curious how we built this report? Follow these simple steps to run your own analysis:

1. Select Your ZIP Codes: Choose multiple ZIP codes for any city or region you’re interested in exploring.
2. Ask the AI Chatbot: Open the AI chatbot within ZipcodeGPT and directly request the specific insights or trends you want to uncover about your selected ZIPs.
3. Review and Explore: Get instant insights, interactive maps, and detailed profiles to guide your real estate or demographic research.