Portland, OR — income, home value, property tax, and sales tax.
Homes in ZIP code 97089 near Portland carry a median value of $633,600, and the county-level property tax rate of 0.85% works out to roughly $5,386 a year for a home at that price. With median household income at $123,689, that tax bill equals about 4.4% of annual earnings before any exemptions or deductions. Per-capita income sits lower, at $50,038. A 0.00% combined sales tax rate means everyday purchases add nothing to the load, so the housing costs and property taxes carry essentially the entire local tax weight for homeowners here.
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