ZIP 97140 - 860Z200US97140 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 97140, understanding the local demographics and housing landscape is essential. Located in a vibrant part of Oregon, this area offers a blend of suburban charm and economic strength. This 2023 snapshot provides a clear, data-driven look at the population, income levels, housing costs, and cultural composition of ZIP 97140. Whether you’re a homebuyer, real estate investor, agent, small-business owner, or analyst, these insights will help you make informed decisions about this community.

Population & Households

ZIP 97140 is home to a population of 27,999 residents, making it a moderately sized community with room for both personal connection and growth. These individuals are distributed across 9,278 households, reflecting a strong residential base. With 9,540 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable community with potential for gradual expansion.

Income & Housing Costs

One of the standout features of ZIP 97140 is its robust economic profile. The median household income stands at an impressive $119,241, pointing to a financially secure population with significant purchasing power. This income level supports a strong housing market, where the median home value is $618,000. For renters, the median monthly rent is $1,934, reflecting the premium cost of living in this desirable area. These figures highlight ZIP 97140 as a high-value location, appealing to those who can afford a more upscale lifestyle or investment.

Race & Ethnicity

The cultural makeup of ZIP 97140 offers a glimpse into its community dynamics. The population is predominantly White, accounting for 79.54% of residents. Hispanic individuals make up 7.79%, while Asian residents comprise 4.21%. Black residents represent a smaller portion at 0.31%. This composition suggests a largely homogeneous community with pockets of diversity, which may influence local culture, businesses, and social services. For businesses or investors, understanding this demographic mix can help tailor offerings or marketing strategies to the majority while addressing niche needs.

Key Facts

• Total population: 27,999 residents, offering a mid-sized community feel.
• Total households: 9,278, indicating a solid residential foundation.
• Total housing units: 9,540, with a small surplus over households.
• Median household income: $119,241, reflecting strong economic stability.
• Median home value: $618,000, positioning this as a premium housing market.
• Median rent: $1,934 per month, aligning with the area’s higher cost of living.
• Racial composition: 79.54% White, 7.79% Hispanic, 4.21% Asian, 0.31% Black.

What This Means for You

For homebuyers, ZIP 97140 presents a high-end market with a median home value of $618,000, ideal for those seeking a long-term investment in a financially stable area. The median income of $119,241 suggests neighbors with strong earning power, often correlating with well-maintained properties and good schools. Investors and real estate agents will find opportunity in the slight surplus of housing units (9,540 vs. 9,278 households), which may ease entry into the market, though high values and rents ($1,934 median) mean you’ll need to target affluent buyers or tenants. Small-business owners can leverage the area’s income levels to offer premium products or services, while keeping in mind the demographic makeup—primarily White with smaller Hispanic and Asian communities—to refine customer outreach. Analysts can use this data to benchmark ZIP 97140 against nearby areas for trends in growth, affordability, or diversity.

Run This Study Yourself

• Curious about other ZIP codes or want deeper insights into ZIP 97140? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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