ZIP Code 97140

Households in ZIP code 97140, near Portland, report a median income of $123,228, while per-capita income sits at $53,346. With a median home value of $653,600, property taxes at the county's 0.84% rate would run roughly $5,490 a year. That combination of strong earnings and high home values shapes the local cost picture, though the absence of a combined sales tax (0.00%) eases day-to-day expenses on purchases. Housing carries the heaviest weight here, and the property tax tied to it follows accordingly.