Portland, OR — income, home value, property tax, and sales tax.
In ZIP 97017, near Portland, homes carry a median value of $610,300, while the county's 0.85% effective property tax rate translates to roughly $5,188 in annual levies on such a home. Households here earn a median of $83,355, so property taxes alone would absorb about 6% of that income. Per-capita income sits at $35,252. A 0.00% combined sales tax rate offers some relief on everyday purchases, though the gap between home values and earnings means buying in this area demands substantial income or equity.
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