ZIP Code 97203 -- Portland, OR
Multnomah | 2024 American Community Survey Data
Key Insights
- Home prices are 6.2x the local median income — well above the recommended 3-5x ratio, suggesting a very expensive housing market.
- 24.06% of workers here work from home — more than double the pre-pandemic national average, reflecting the shift to remote work.
Quick Overview
About ZIP Code 97203
ZIP code 97203 in Portland, Oregon is a unknown area with a population of 33,116. The median household income is $78,660, which is This is 5% above the national median of $75,000.. The median home value is $484,400, representing a price-to-income ratio of 6.2x . The cost of living is very high with an index of 156.2 (the national average is 100). Residents have a median age of 34.30 years. Approximately 45.2% of adults hold a bachelor's degree or higher. This ZIP code is located in Multnomah, OR.
Population & Age
Age Distribution
Race & Ethnicity
Racial Composition
Income & Economy
This is 5% above the national median of $75,000.
Income Distribution
Housing
Housing is expensive relative to income
Ownership vs Rental
Education
Employment & Commuting
How People Get to Work
Cost of Living Index
The cost of living in ZIP code 97203 is 56.2% above the national average of 100.
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Nearby ZIP Codes
Other ZIP Codes in Portland
Other ZIP Codes in Multnomah
Frequently Asked Questions about ZIP Code 97203
ZIP code 97203 (Portland, OR) has a total population of 33,116 according to the 2024 American Community Survey. The median age is 34.30 years.
The median household income in ZIP code 97203 is $78,660 per year, based on 2024 Census Bureau data. This is 5% above the national median of $75,000.
ZIP code 97203 is primarily located in Portland, Oregon (OR). It falls within Multnomah County.
The median home value in ZIP code 97203 is $484,400, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,571.
The median age in ZIP code 97203 is 34.30 years, compared to the national median of 38.9 years. This makes the area younger than the national average.
ZIP code 97203 has a cost of living index of 156.17 (national average = 100). This means the cost of living is very high compared to the national average.
In ZIP code 97203, 45.16% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 17.55% hold a graduate or professional degree.
The unemployment rate in ZIP code 97203 is 6.82%, which is above the national average of 3.6%. About 24.06% of workers work from home.
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Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.