ZIP 97239 - 860Z200US97239 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 97239, located in the heart of Portland, Oregon, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 18,000 and a robust median household income, this ZIP code presents a dynamic community with strong economic indicators and diverse housing options. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living or working in this vibrant area.

Population & Households

ZIP 97239 is home to 18,224 residents, making it a moderately sized community within the Portland metro area. These individuals are spread across 9,416 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 9,963, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

Economically, ZIP 97239 stands out with a median household income of $108,795, which is notably higher than many surrounding areas. This figure points to a relatively affluent community with strong purchasing power, an attractive trait for businesses targeting higher-income customers. On the housing front, the median home value is $713,100, reflecting a premium real estate market that aligns with the area’s income levels. For renters, the median rent is $1,749 per month, indicating a competitive rental market that caters to a range of budgets but leans toward the higher end. These metrics suggest that while entry into the housing market may require significant investment, the area offers stability and potential for long-term value growth.

Race & Ethnicity

The demographic makeup of ZIP 97239 is predominantly White, with 74.71% of residents identifying as such. Hispanic or Latino residents account for 9.84% of the population, while Asian residents make up 5.59%, and Black or African American residents comprise 3.06%. This diversity, though not as pronounced as in some urban centers, contributes to a culturally varied community. For businesses and investors, understanding this composition can help tailor services or marketing strategies to resonate with the local population, while homebuyers may appreciate the blend of perspectives in the neighborhood.

Key Facts

• Total population in ZIP 97239: 18,224 residents.
• Total households: 9,416, with an average household size implied by population distribution.
• Total housing units: 9,963, offering a small buffer of unoccupied homes.
• Median household income: $108,795, indicating strong economic stability.
• Median home value: $713,100, reflecting a high-end real estate market.
• Median rent: $1,749, competitive for the area’s income demographic.
• Racial composition: 74.71% White, 9.84% Hispanic, 5.59% Asian, 3.06% Black.

What This Means for You

For homebuyers, ZIP 97239 offers a premium market with median home values at $713,100, ideal for those seeking a long-term investment in a stable, affluent area. The slight surplus of housing units (9,963 total versus 9,416 households) may provide some negotiating room, though high demand could keep prices firm. Real estate investors and agents will find opportunities in the area’s strong income levels and potential for rental income, given the $1,749 median rent. The economic strength of the community, with a median household income of $108,795, also makes this ZIP code appealing for small-business owners looking to serve a clientele with disposable income—think boutique retail, specialty services, or dining. Analysts can use these metrics to benchmark ZIP 97239 against other Portland areas, identifying trends in housing affordability or demographic shifts. Overall, this area balances opportunity with a high cost of entry, rewarding those who can invest with a strong community foundation.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 97239? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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