ZIP Code 97208

Portland — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
N/A
Median home value
$552,700
Property tax rate
0.96%
Combined sales tax
0.00%

In ZIP code 97208, which covers part of Portland, a household's overall cost picture leans heavily on housing rather than consumption taxes. The county-level effective property tax rate sits at 0.96%, so a home's assessed value drives the annual bill, while the combined sales tax rate is 0.00% — Oregon has no statewide sales tax, meaning everyday purchases add nothing extra at checkout. That split shapes daily budgeting differently than in places where sales taxes chip away at each transaction. Income earned here faces no sales-tax drag on spending, though property taxes still factor into ownership costs for anyone buying in or near Portland.