Portland, OR — income, home value, property tax, and sales tax.
In ZIP code 97225, near Portland, homes carry a median value of $751,700, and the county-level effective property tax rate of 0.84% works out to roughly $6,300 a year on such a home. Households here earn a median of $114,598, with per-capita income at $77,774, so the annual tax bill equals about 5.5% of median household earnings. Combined sales tax sits at 0.00%, which eases the overall cost of living. High property values paired with solid incomes keep ownership within reach for many, though the tax itself remains a real annual expense.
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