ZIP Code 97062

In ZIP code 97062, near Portland, households earn a median of $105,407, while per-capita income comes to $51,686. A median home value of $640,300 pairs with a county property tax rate of 0.84%, which works out to roughly $5,379 a year for a home at that value. Oregon has no state or local sales tax, so the 0.00% combined rate means everyday purchases carry no added tax. That leaves earnings stretched mainly across mortgage costs and property taxes, with no sales tax chipping away at discretionary spending.