ZIP 97216 - 860Z200US97216 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 97216 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, offers a clear view of the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer seeking a vibrant community, an investor analyzing market potential, or a small-business owner scouting locations, these insights will help you make informed decisions about ZIP 97216.

Population & Households

ZIP 97216 is home to a population of 16,735 residents, making it a moderately sized community within the Portland metro area. These individuals are distributed across 6,963 households, reflecting a mix of family and individual living arrangements. With 7,235 total housing units in the area, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable residential base, appealing to those seeking a settled yet accessible neighborhood.

Income & Housing Costs

The median household income in ZIP 97216 stands at $71,951, positioning it as a middle-income area with reasonable earning potential for residents. For homebuyers and investors, the median house value of $439,000 reflects a competitive yet attainable market, especially within the broader Portland context where housing prices often trend higher. Renters, on the other hand, face a median rent of $1,390 per month, which aligns with the income levels but may require careful budgeting for some households. These figures highlight ZIP 97216 as a practical option for those balancing cost and quality of life.

Race & Ethnicity

ZIP 97216 boasts a diverse cultural makeup, which adds to its appeal as a dynamic and inclusive community. The racial composition includes 54.32% White, 15.75% Asian, 12.27% Hispanic, and 7.25% Black residents, among others. This diversity can be a draw for families and businesses looking for a welcoming environment with varied perspectives and cultural influences. For small-business owners, this mix also suggests a broad customer base with unique needs and preferences to cater to.

Key Facts

• Total population: 16,735 residents in ZIP 97216 as of 2023.
• Total households: 6,963, indicating a mix of family and solo living.
• Total housing units: 7,235, with a small surplus over occupied homes.
• Median household income: $71,951, reflecting a middle-income community.
• Median house value: $439,000, competitive for the Portland area.
• Median rent: $1,390, manageable for many local earners.
• Diverse population: 54.32% White, 15.75% Asian, 12.27% Hispanic, 7.25% Black.

What This Means for You

For homebuyers, ZIP 97216 offers a balanced market with median home values at $439,000 and a diverse, welcoming community of over 16,000 residents. The slight surplus of housing units (7,235 total) over households (6,963) suggests potential availability, though competition may still exist given Portland’s demand. Investors and real estate agents will find opportunity in the stable income levels ($71,951 median) and reasonable rental rates ($1,390 median), which could support consistent demand for both purchases and leases. Small-business owners can leverage the area’s cultural diversity to appeal to a wide range of customers, tailoring offerings to a population that includes significant Asian, Hispanic, and Black communities alongside a White majority. Analysts studying market trends will appreciate the snapshot of a mid-sized, economically viable ZIP code with room for growth. Whatever your goals, these metrics provide a solid foundation for planning your next move in ZIP 97216.

Run This Study Yourself

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