ZIP Code 97042

Households in ZIP code 97042, near Portland, earn a median of $118,045 a year, with per-capita income at $44,188. A median home value of $687,700 pairs with a county property tax rate of 0.85%, which works out to roughly $5,845 annually for a home at that price. Sales tax in this area is 0.00%, so purchases add nothing extra to the yearly outlay. Strong earnings against that property tax load leave room in the budget for housing, savings, and everyday spending without a sales tax chipping away at each transaction.