ZIP 97266 - 860Z200US97266 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 97266 in Portland, Oregon, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This snapshot for 2023 provides a clear, data-driven look at the area’s population, income levels, housing costs, and cultural diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in 97266.

Population & Households

ZIP code 97266 is home to a vibrant community of 35,992 residents as of 2023. This population is spread across 13,233 households, indicating a mix of family and individual living arrangements. With 13,863 total housing units in the area, there’s a slight surplus of units over households, which could suggest some availability for new residents or investors looking to enter the market. This balance offers a glimpse into the area’s capacity to accommodate growth or shifts in demand.

Income & Housing Costs

The median household income in ZIP 97266 stands at $71,791, reflecting a moderate earning capacity that supports a diverse range of lifestyles. For homebuyers and investors, the median house value of $420,800 positions this area as a potentially accessible entry point into the Portland housing market, though prices may vary by neighborhood within the ZIP code. Renters, on the other hand, face a median rent of $1,532 per month, which aligns with the income levels but could impact affordability for lower-earning households. These figures provide a benchmark for assessing financial feasibility, whether you’re planning to buy, rent, or invest.

Race & Ethnicity

ZIP 97266 boasts a diverse cultural makeup, which enriches the community and offers unique opportunities for businesses and residents alike. The racial composition includes 54.34% White, 16.5% Asian, 14.34% Hispanic, and 6.85% Black residents, among other groups. This diversity can be a draw for those seeking an inclusive environment or for businesses aiming to cater to a wide range of cultural preferences and needs. Understanding this mix is key for tailoring services, marketing strategies, or community engagement efforts in 97266.

Key Facts

• Total population: 35,992 residents in 2023, indicating a sizable community.
• Total households: 13,233, reflecting a mix of family and solo living.
• Total housing units: 13,863, suggesting some availability for new occupants.
• Median household income: $71,791, supporting moderate affordability.
• Median house value: $420,800, a potential entry point for buyers in Portland.
• Median rent: $1,532, a significant cost for renters to consider.
• Diverse demographics: 54.34% White, 16.5% Asian, 14.34% Hispanic, 6.85% Black.

What This Means for You

For homebuyers, ZIP 97266 offers a median house value of $420,800, which may be appealing compared to other parts of Portland, though it’s wise to factor in the median rent of $1,532 if you’re considering rental income potential. The slight surplus of housing units over households could mean less competition for available properties, but location-specific trends within 97266 should be explored further.

For investors and real estate agents, the demographic diversity and population size of 35,992 suggest a robust market for both residential and rental properties. The median income of $71,791 indicates that many residents can afford moderate housing costs, potentially sustaining demand for well-priced investments.

For small-business owners, the cultural diversity in 97266—with significant Asian and Hispanic populations—presents opportunities to offer tailored products or services. A population of this size also means a solid customer base, especially if your business aligns with local needs and income levels.

For analysts, these metrics provide a foundation for deeper research into housing trends, economic stability, and community growth in 97266, helping to predict future shifts or investment risks.

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