Zip 97230 (Portland, OR) Economy


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97230 Portland, OR is a great place to live. The rent for two bedroom apartments is comparatively lower than the US average of $1,430 per month, and the grocery cost index stands at 101. The neighborhood is home to several businesses and organizations including New Seasons Market, Oregon Health & Science University, Kaiser Permanente Northwest and Providence Portland Medical Center. Additionally, there are many parks and recreational facilities in the area such as Tryon Creek State Park, Oaks Bottom Wildlife Refuge and George Himes Park. 97230 Portland, OR provides a diverse range of activities while also having the benefit of reasonable living costs.

Portland (zip 97230) has an unemployment rate of 6.9%. The US average is 6.0%.

Portland (zip 97230) has seen the job market increase by 0.9% 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 97230)
- The Sales Tax Rate for Portland (zip 97230) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Portland (zip 97230) 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 97230)
- The average income of a Portland (zip 97230) resident is $22,275 a year. The US average is $28,555 a year.
- The Median household income of a Portland (zip 97230) resident is $62,982 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPortland, OregonUnited States
  6.96
  -4.8%-6.2%
  42.4%33.5%
  0.0%6.2%
  9.0%4.6%
  $32,147$37,638
  $62,982$69,021
  $76,335$85,028
  Population by Occupation
  0.7%1.2%
  0.0%0.5%
  7.1%6.8%
  10.4%10.0%
  4.2%2.5%
  10.6%11.0%
  6.8%4.8%
  0.5%0.8%
  2.2%1.9%
  3.7%4.7%
  1.7%1.9%
  6.5%7.6%
  0.2%0.1%
  6.3%4.2%
  4.6%9.3%
  16.3%14.0%
  1.3%2.1%
  6.9%7.0%
  6.9%4.8%
  3.2%4.7%
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