ZIP Code 97055

Households in ZIP code 97055, near Portland, earn a median of $112,323, placing the area in solidly middle-to-upper-income territory. Per-capita income sits at $44,913, and homes carry a median value of $493,900. Property taxes are levied at the county level at an effective rate of 0.85%, which on a home at that median value works out to roughly $4,200 a year. No local sales tax applies here, so the 0.00% combined rate keeps day-to-day purchases untaxed at the register. The overall picture is an established, well-off community whose tax costs come almost entirely through property ownership rather than spending.