Portland, OR — income, home value, property tax, and sales tax.
In ZIP code 97213, part of Portland, homes carry a median value of $632,100 while the county's effective property tax rate sits at 0.96%. That combination yields an annual property tax bill of roughly $6,068, a meaningful sum even against a median household income of $97,068 and per-capita income of $63,351. Home values here run well above what those earnings alone might predict, so buyers often stretch to enter the market. A 0.00% combined sales tax rate eases the ongoing cost of living somewhat, though it does nothing to offset the yearly property tax obligation tied to owning a home in this area.
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