ZIP Code 97045

In ZIP code 97045, near Portland, homes carry a median value of $587,700 while the county's effective property tax rate sits at 0.85%, translating to roughly $5,000 in annual property taxes on such a home. Households here earn a median of $103,573, with per-capita income at $46,185, so that tax bill equals about 4.8% of median household earnings. A 0.00% combined sales tax rate eases the overall cost of living somewhat. The gap between home prices and incomes shapes how far earnings stretch for buyers in this area.