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Multnomah County · Oregon

ZIP code 97203

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 97203 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
33,159

ZCTA residents

Median income
$77,619

Household, past 12 months

Median home
$468,600

Owner-occupied value

Sales tax
0%

Combined state + local

Quick answer

ZIP 97203 sits in Multnomah County, Oregon and is home to 33,159 people. Median household income is $77,619, the median home is worth $468,600 and median gross rent is $1,551. 58.9% of households own their home, and purchases are taxed at 0% combined.

County
Multnomah County

FIPS 41051

State
Oregon (OR)

428 ZIPs covered

Area codes
360, 458, 503, 541, 971

NANPA codes serving this area

Metro area
Portland

Rate jurisdiction used for tax

The numbers for 97203

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
33,159ZIP 97203 residents
Median household income
$77,619Past 12 months, inflation adjusted
Median home value
$468,600Owner-occupied units
Median gross rent
$1,551Rent plus utilities, monthly
Median age
34.1 yrsAll residents
Homeownership rate
58.9%Owner-occupied households

ZIP 97203 in context

How this area compares with national benchmarks.

ZIP 97203 is a small city in Multnomah County, Oregon, with 33,159 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #46 of 428 ranked by population — larger than 89% of them. The median age here is 34.1 years against 39.1 nationally, a slightly younger profile than the country as a whole. Places under 65,000 residents only appear in the five-year release, never the one-year file, so these values pool sixty months of responses and lag the current year by design.

Households in ZIP 97203 earn a median of $77,619 a year, 1.2% below the national figure of $78,538. The median is the midpoint household, not an average, so a handful of very high earners cannot drag it upward the way they distort a mean. Poverty reaches 19.5% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in ZIP 97203 is valued at $468,600, 54.4% above the national figure, while median gross rent runs $1,551 a month, 10.3% above the national figure, or roughly $18,612 across a full year. A household on the local median income would put about 24% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is within the standard affordability guideline. The home-price-to-income ratio works out to 6×, against roughly 3.9× nationally, so buying is harder here than in the average US market. 58.9% of occupied homes are owner-occupied versus 65% nationally, so the market leans more heavily on renters. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.

Reading ZIP 97203 in context

How 97203 sits inside Multnomah County and Oregon.

ZIP 97203 is tabulated inside Multnomah County, Oregon, one of 34 ZIP areas the Census publishes for that county and 428 across Oregon. This is a dense urban ZIP, where a single postal boundary can hold more residents than an entire rural county. County assignment on this page follows the largest share of the ZIP's land area, which matters where a delivery route crosses a county line: mail addressed to 97203 can be handled by a post office in a neighbouring county even though the tabulation area is filed here.

Against its own county, 97203 reports a median household income of $77,619, 8% below the $84,164 county median, and 9% above the $71,485 typical OR ZIP. Owner-occupied homes are valued at a median of $468,600, 21% below the county figure and 22% above the statewide ZIP median. Rent is reported gross — the contract amount plus tenant-paid utilities — at $1,551 a month, which is why it reads higher than the advertised rent on a listing for the same unit.

A taxable purchase made inside 97203 carries 0% at the register, assembled from the Portland jurisdiction stack: the Oregon state rate plus every county, municipal and special district levy that reaches this address. Because those district boundaries were drawn for schools, transit and hospital funding rather than for mail delivery, two addresses inside 97203 can legitimately fall under different totals — the rate shown here is the one that applies to the dominant jurisdiction.

Everything above comes from the Census Bureau American Community Survey 2019-2023 ACS 5-year estimates for this ZIP Code Tabulation Area, with sales tax rates traced to the state revenue agency. Five-year estimates pool sixty months of responses, so they are stable enough to compare 97203 with its neighbours but always trail the current year, and any value the Census suppressed for sample size is shown as unpublished rather than filled in with a model.

Sales tax in 97203

What a purchase inside this ZIP costs at checkout.

Rate applied
0%Portland jurisdiction stack
Tax on $100
$0Rounded to the dollar
Tax on $1,000
$0Before any exemptions

This ZIP falls inside the Portland rate area, so state, county, city and district levies are published here as a full stack.

Affordability in this ZIP

Derived from the Census medians above — indicative, not an offer.

Rent burden
24%Median rent ÷ median income
Price-to-income
6.0×Home value ÷ household income
Est. mortgage
$2,431/mo20% down, 30-yr at 6.75%
Poverty rate
19.5%Residents below poverty line

A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.

How 97203 compares

ZIP 97203 against the median ZIP in Multnomah County and across Oregon.

MeasureZIP 97203County medianState medianvs state
Median household income$77,619$84,164$71,485+9%
Median home value$468,600$595,900$385,100+22%
Median gross rent$1,551$1,586$1,183+31%
Population33,15921,7582,452+1252%

Medians are computed across the 34 ZIP areas in Multnomah County and the 428 ZIP areas in Oregon.

Statewide rank

Where this ZIP places among all 428 Oregon ZIP areas.

Income

richer than 59% of 385 state ZIPs

#158
Home value

above 70% of 379 state ZIPs

#113
Population

larger than 89% of 428 state ZIPs

#46

Comparable ZIP codes

Oregon ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
97885Wallowa County$77,708$359,000$839
97040Wasco County$77,500$413,900$1,287
97222Clackamas County$77,441$465,100$1,592
97021Wasco County$77,301$393,000$1,286
97701Deschutes County$77,969$567,800$1,700
97532Josephine County$77,125$417,700$894

Nearby ZIP codes

Other ZIP codes filed under Multnomah County.

Adjacent ZIP Codes

Other ZIP codes in Multnomah County, Oregon.

ZIP 97203 questions

Common questions about this ZIP code.

Where is ZIP code 97203?
ZIP 97203 lies mostly in Multnomah County, Oregon. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
What sales tax do I pay in 97203?
Purchases are taxed at 0% combined, built from the Portland jurisdiction stack.
Is 97203 expensive to live in?
Median rent runs $1,551 a month, about 24% of median household income, and the median home is worth $468,600 — +22% against the typical Oregon ZIP.
Is a ZCTA the same as a postal ZIP code?
Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 97203, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.