ZIP Code 97233 -- Portland, OR

Multnomah | 2024 American Community Survey Data

Key Insights

  • Home prices are 6.9x the local median income — well above the recommended 3-5x ratio, suggesting a very expensive housing market.

Quick Overview

Population
36,236
Unknown
Median Income
$60,198
Home Value
$414,600
Median Rent
$1,400
Median Age
38.00
Diversity Index
72.30
Very High
Cost of Living
135.5
significantly above average
Unemployment
6.5%

About ZIP Code 97233

ZIP code 97233 in Portland, Oregon is a unknown area with a population of 36,236. The median household income is $60,198, which is This is 20% below the national median of $75,000.. The median home value is $414,600, representing a price-to-income ratio of 6.9x . The cost of living is significantly above average with an index of 135.5 (the national average is 100). Residents have a median age of 38.00 years. Approximately 18.9% of adults hold a bachelor's degree or higher. This ZIP code is located in Multnomah, OR.

Population & Age

Total Population
36,236
Median Age
38.00
Male Population
17,526
48.4%
Female Population
18,710
51.6%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
72.30 Very High
White
56.6%
Black or African American
7.2%
Hispanic or Latino
23.1%
Asian
9.5%
Native American
1.4%
Pacific Islander
1.0%
Two or More Races
14.8%
Other Race
9.7%

Racial Composition

Income & Economy

Median Household Income
$60,198
Mean Household Income
$74,508
Per Capita Income
$29,113
Below Poverty Line
20.0%

This is 20% below the national median of $75,000.

Income Distribution

Housing

Median Home Value
$414,600
Median Rent
$1,400
Total Housing Units
14,767
Occupied Units
13,744
Vacant Units
1,023
6.9% vacancy
Median Year Built
1974
Owner Occupied
47.0%
Renter Occupied
53.1%
Price-to-Income Ratio 6.9x

Housing is expensive relative to income

Ownership vs Rental

Owner 47.0% Renter 53.1%

Education

High School Diploma or Higher 79.9%
Bachelor's Degree or Higher 18.9%
Graduate or Professional Degree 6.9%

Employment & Commuting

Civilian Labor Force
17,646
Employment Rate
93.5%
Unemployment Rate
6.5%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
60.5%
Carpool
16.4%
Public Transit
5.7%
Work from Home
15.3%

Cost of Living Index

135.5
significantly above average

The cost of living in ZIP code 97233 is 35.5% above the national average of 100.

0 National Avg (100) 200

Compare 97233 with:

Compare 97233 with Another ZIP Code

Nearby ZIP Codes

Other ZIP Codes in Portland

ZIP Code Population Median Income Home Value
97229 76,106 $161,570 $782,100
97206 49,890 $98,548 $498,300
97202 43,533 $104,971 $700,800
97219 42,430 $121,306 $677,900
97236 37,558 $75,090 $436,100
97266 35,423 $72,577 $445,700

Other ZIP Codes in Multnomah

ZIP Code City Population Median Income
97206 Portland 49,890 $98,548
97080 Gresham 48,411 $96,305
97230 Rockwood corners 43,553 $75,572
97202 Portland 43,533 $104,971
97219 Portland 42,430 $121,306
97030 Gresham 37,708 $69,239

Frequently Asked Questions about ZIP Code 97233

ZIP code 97233 (Portland, OR) has a total population of 36,236 according to the 2024 American Community Survey. The median age is 38.00 years.

The median household income in ZIP code 97233 is $60,198 per year, based on 2024 Census Bureau data. This is 20% below the national median of $75,000.

ZIP code 97233 is primarily located in Portland, Oregon (OR). It falls within Multnomah County.

The median home value in ZIP code 97233 is $414,600, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,400.

The median age in ZIP code 97233 is 38.00 years, compared to the national median of 38.9 years. This makes the area younger than the national average.

ZIP code 97233 has a cost of living index of 135.51 (national average = 100). This means the cost of living is significantly above average compared to the national average.

In ZIP code 97233, 18.90% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 6.89% hold a graduate or professional degree.

The unemployment rate in ZIP code 97233 is 6.48%, which is above the national average of 3.6%. About 15.31% 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.