ZIP 97206 - 860Z200US97206 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 97206 in Portland, Oregon, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This snapshot, based on 2023 data, provides a clear picture of the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer seeking a vibrant community, an investor eyeing property potential, or a small-business owner scouting a customer base, these insights will help you make informed decisions about ZIP 97206.

Population & Households

ZIP 97206 is home to a substantial population of 50,258 residents, making it a bustling and dynamic area. These individuals are distributed across 21,479 households, reflecting a community with a mix of family units, singles, and shared living arrangements. With 22,348 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 residential foundation, appealing to those seeking a well-established neighborhood.

Income & Housing Costs

The median household income in ZIP 97206 stands at $94,233, pointing to a relatively affluent community with solid earning power. This income level supports a housing market where the median house value is $480,500, reflecting a competitive yet attainable real estate landscape for buyers with moderate to high budgets. For renters, the median rent is $1,693 per month, which aligns with the area’s income levels but may require careful budgeting for some households. These figures highlight ZIP 97206 as a location with strong economic underpinnings, attractive to both homeowners and investors seeking value appreciation.

Race & Ethnicity

The demographic makeup of ZIP 97206 offers a glimpse into its cultural fabric. The population is predominantly White at 72.14%, with smaller but significant representation from other groups: Asian residents make up 10.08%, Hispanic or Latino individuals account for 9.66%, and Black residents comprise 1.84%. This diversity, while not evenly balanced, contributes to a community with varied perspectives and cultural influences, which can be a draw for businesses catering to niche markets or families seeking an inclusive environment.

Key Facts

• Total population: 50,258 residents, indicating a sizable and active community.
• Total households: 21,479, showing a strong base of local families and individuals.
• Total housing units: 22,348, suggesting potential availability for new residents or investors.
• Median household income: $94,233, reflecting a financially stable population.
• Median house value: $480,500, positioning ZIP 97206 as a competitive real estate market.
• Median rent: $1,693, indicating a rental market suited to moderate-to-high earners.
• Racial composition: 72.14% White, 10.08% Asian, 9.66% Hispanic, 1.84% Black, showcasing moderate diversity.

What This Means for You

For homebuyers, ZIP 97206 offers a promising mix of affordability and value with a median home price of $480,500, backed by a median household income that supports sustainable homeownership. The slight surplus of housing units could mean less competition in certain segments of the market, giving you room to negotiate.

For investors and real estate agents, the area’s strong median income and home values suggest potential for steady appreciation and rental demand, especially with a median rent of $1,693. The population size and household count also indicate a robust tenant pool, ideal for long-term investment strategies.

For small-business owners, the diverse population of over 50,000 and a median income of $94,233 signal a customer base with disposable income and varied needs. Whether you’re opening a retail shop, restaurant, or service-based business, the cultural mix and economic stability of ZIP 97206 provide a fertile ground for growth.

For analysts, these metrics offer a data-driven foundation to assess market trends, housing affordability, and demographic shifts, helping you advise clients or predict future growth patterns in this Portland ZIP code.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 97206? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your specific interests.
• Use the insights to make informed decisions, whether you’re buying a home, investing in property, or planning a business venture in any area.