Zip 97217 (Portland, OR) Economy


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The city of Portland, Oregon (97217) is an exciting urban area with lots of opportunity for those looking for a home. The average two-bedroom rent in the 97217 zip code is $2,200 per month, which is significantly higher than the US average of $1,430. It’s also home to a variety of local companies that make it unique, including Nike, Intel, Adidas America, and Xerox. In addition to these amazing companies, the 97217 zip code has a high grocery cost index of 104 compared to 100 in the United States as a whole. This means that groceries are 4% more expensive in this area than they would be nationally.

Portland (zip 97217) has an unemployment rate of 6.9%. The US average is 6.0%.

Portland (zip 97217) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 42.4%, which is higher than the US average of 33.5%.

Tax Rates for Portland (zip 97217)
- The Sales Tax Rate for Portland (zip 97217) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Portland (zip 97217) is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Portland (zip 97217)
- The average income of a Portland (zip 97217) resident is $49,153 a year. The US average is $37,638 a year.
- The Median household income of a Portland (zip 97217) resident is $92,255 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPortland, OregonUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Portland
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Over 16 years ago

I live in the Piedmont neighborhood in North Portland. The crown jewel of this neighborhood is Peninsula Park. With a community center, an outdoor pool, a gymnasium,  More

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