Portland, OR — income, home value, property tax, and sales tax.
In ZIP code 97034, near Portland, households bring in a median of $149,236 a year, with per-capita income reaching $101,884. That earning power pairs with a median home value of $1,047,500, so property taxes at the county's 0.85% rate would run roughly $8,900 annually on such a home. Fortunately, the combined sales tax rate sits at 0.00%, meaning everyday purchases carry no added state or local tax cost. The result is a budget shaped largely by housing expenses rather than consumption taxes, with high incomes supporting a steep buy-in price for local real estate.
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