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Population
3,835
Median Income
$116,189
Home Value
$725,100
Area Type
Rural
Verified Data

ZIP Code 97231

Portland, ORMultnomah County

Population

1,000 - 5,000

~3,835 residents

Median Income

$116,189

Household median

Home Value

$725,100

Median price

Area Type

Rural

62.7 sq mi

Location

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Detailed Information

Demographics

Population Range:
1,000 - 5,000
Median Income:
$116,189
Classification:
Rural

Housing Market

Median Value:
$725,100
Price Range:
$575,000 - $875,000
Land Area:
62.7 sq mi

Data Quality: 100%

Excellent

Data from US Census Bureau 2023US Census Bureau

Zillow Home Value Index

Real-time market data powered by Zillow • Updated October 2025

Metro Area: Portland-Vancouver-Hillsboro, OR-WA

➖ Stable
$693,160

Typical Home Value in 97231

Price Appreciation

1 Month
+0.42%
3 Months
-0.21%
6 Months
-1.63%
1 Year
-0.39%
5 Years
+16.52%

Historical Price Trend

Historical home values show market trends over time. Values are smoothed and seasonally adjusted.

Investment Insight

Declining values: Home values decreased by -0.39% over the past year, which may present buying opportunities.

💡 Note: Past performance doesn't guarantee future results. Consider local market factors, job growth, and development plans when evaluating real estate investments.

Zillow Home Value Index (ZHVI) data provided by Zillow Group. ZHVI represents the typical home value for homes in the 35th to 65th percentile range. Data is updated monthly and reflects market trends as of October 31, 2025.

68.3%

Median Income

$116,189

vs state avg

108.7%

Median Home Value

$725,100

vs state avg

Population

3,835

Rural

Quality of Life

65/100

Good

📊 Lifestyle Snapshot

What's It Like to Live in Portland?

Key insights about ZIP 97231 at a glance

Population

Population

3,835

Rural community

Median Income

Median Income

$116k

15% vs national avg

Household earnings

Median Home Value

Median Home Value

$725k

20% vs national avg

Housing market

Affordability

Affordability

6.2

Price-to-income ratio

Your Day in Portland

Education in Portland, OR
Morning: Schools & Learning

Start your day with quality education options in Portland

Shopping & Dining in Portland, OR
Midday: Shopping & Dining

Explore local shops and restaurants in Portland

Parks & Recreation in Portland, OR
Evening: Parks & Recreation

Unwind in green spaces and community areas in Portland

Quick Compare

See how this stacks up

Explore Portland, OR

Visual guide to life in this area

Portland main street
Downtown
Natural beauty near Portland
Nature
Outdoor activities in Portland
Recreation
Schools in Portland
Education
Healthcare facilities in Portland
Healthcare

Economy & Employment

Job market and economic indicators

Median Household Income
Annual

Median Household Income

$116,189

Median Home Value
Property

Median Home Value

$725,100

Home-to-Income Ratio
Affordability Metric

Home-to-Income Ratio

6.2x

Education & Schools

Educational opportunities and demographics in 97231

Modern school building

Local Schools

Portland offers diverse educational opportunities for all ages

Education Level

85%

Estimated graduates

Student Age

844

School-age residents

School Quality

Above Average

Based on area demographics

Healthcare & Wellness

Medical facilities and health resources in your area

Healthcare facility

Quality Healthcare Access

Portland area has multiple medical facilities serving the community

5-10

Healthcare facilities nearby

< 5mi

Average distance to hospital

Parks & Recreation

Outdoor spaces and recreational activities

Community park

Community Parks

Multiple green spaces and recreational facilities for families

🏞️

Parks

3-5 nearby

Sports

Fields & courts

🏃

Trails

Walking paths

🎪

Events

Community gatherings

Shopping & Dining

Retail, restaurants, and local businesses

Shopping district

Local Shopping

Portland offers diverse shopping and dining experiences

🍽️

Restaurants

20+ dining options

🛍️

Retail Stores

Major & local shops

Cafes & More

Local favorites

Pros & Cons of Living in ZIP 97231

Advantages

  • High median income at $116,189, well above state average
  • Low population density offers peace and quiet
  • Rural character with natural surroundings
  • Small, tight-knit community atmosphere

Considerations

  • High cost of housing compared to state average
  • Limited access to urban amenities and services
  • Housing affordability challenge with prices at 6.2x median income

Living in Portland, OR 97231

Portland offers a unique lifestyle in the heart of OR. This rural community provides residents with a close-knit community feel.

Spacious Living

Large lots, privacy, and connection to nature.

Car-Dependent

Personal vehicle necessary for most daily activities.

Upscale Amenities

Higher-end restaurants, boutiques, and services available.

Who Lives Here

Affluent professionals, executives, and established families with high educational attainment.

Lifestyle & Activities

Rural residents who appreciate open spaces, privacy, and connection to nature.

Household Composition

Family households with multi-generational homes and long-term residents.

What's Life Like Here? (AI Insights)

Data & Demographics

Demographic Distribution

Age Distribution

Education Levels

📊 Data Insights

ZIP 97231 by the Numbers

Interactive data visualizations for Rural living

12%

Total Population

0

8%

Median Income

$0

15%

Home Value

$0

0%

Quality Score

0/100

Comparative Metrics

Population Density
3,835

3.8% of max (100,000)

Income Level
116,189

77.5% of max (150,000)

Housing Market
725,100

90.6% of max (800,000)

0

out of 100

Affordability

Below Average

7.67

out of 100

Community Size

Below Average

77.46

out of 100

Economic Strength

Good

Transportation & Commute

Average commute time is approximately 25 minutes, typical for rural areas.

Distance to Major Cities

Regional Hub

15-40 miles

25-60 min

drive time

Note: Commute times are estimates and may vary based on traffic conditions, time of day, and specific locations.

Weather & Climate

Climate Type

Varied regional climate

Seasonal Pattern

Four distinct seasons with typical North American weather patterns

Weather Highlights

  • Seasonal variety
  • Regional weather characteristics
  • Diverse outdoor activities
🏘️ Neighborhood Explorer

Discover Portland Amenities

Everything you need, right in your neighborhood

Schools in Portland, OR

Schools

12+ locations

Healthcare in Portland, OR

Healthcare

8+ locations

Shopping in Portland, OR

Shopping

50+ locations

Parks in Portland, OR

Parks

15+ locations

📈 Comparative Analysis

How Does Portland Stack Up?

See how ZIP 97231 compares to state and national averages

Income Comparison

This ZIP$116k
OR Average+8%
National Average+12%

Home Value Comparison

This ZIP$725k
OR Average+10%
National Average+15%

Ready to Explore More?

Compare Portland with other areas or find your perfect ZIP code match

Living Here: Pros & Cons (AI Analysis)

Who Lives Here?

Community Profile

ZIP code 97231 in Portland, OR (Multnomah) is a small community with approximately 3,835 residents. The area is classified as rural, offering a peaceful, rural environment.

Income Demographics

The median household income is $116,189, which is high-income area. This suggests a community with strong economic stability and higher purchasing power.

Fun Fact: Rural communities often appeal to those seeking space, nature, and a slower pace of life.

Housing & Rent

Median Home Value

$725,100

Premium Market

Est. Monthly Rent

$2,900

Typical 2-3BR

Market Overview

The housing market in ZIP 97231 is high-value properties in a desirable location. With a median home value of $725,100, this area represents a premium investment in a sought-after location.

Rent vs Buy

Renting in this ZIP code typically costs around $2,900/month for a 2-3 bedroom home. Given the rental costs, buying may be a strong option for long-term residents looking to build equity.

Jobs & Income

Median Household Income

$116,189

Per Year

Job Market

Portland offers a growing job market with opportunities primarily in agriculture, manufacturing, and local services. The local economy supports a mix of traditional and emerging industries.

Commute & Transportation

Average commute times in this area are approximately 15-25 minutes. Personal vehicles are essential, though traffic is generally light.

Schools Overview

School Quality

ZIP code 97231 in Portland, OR generally features highly rated schools with strong academic programs. The area's excellent school ratings make it a top choice for families prioritizing education.

Education Options

Families in this ZIP code typically have access to public schools, private institutions, and charter options. Rural schools typically offer smaller class sizes and tight-knit communities.

Check School Ratings

For detailed school ratings and reviews in ZIP 97231, visit:

GreatSchools.org →

Is ZIP 97231 a Good Place to Live?

Whether ZIP code 97231 in Portland, OR is right for you depends on your priorities. Here's a balanced look:

Pros

  • Peaceful environment with outdoor space
  • Strong economic stability
  • High-value, appreciating properties

Cons

  • Limited access to urban amenities
  • Premium pricing may limit affordability

The Bottom Line

ZIP code 97231 is well-suited for individuals and families who value tranquility, nature, and a tight-knit community. Consider visiting the area and exploring nearby neighborhoods to get a true feel for the lifestyle.

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Frequently Asked Questions

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