Zip 97232 (Portland, OR) Economy


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Portland, OR 97232 is an up-and-coming city with a booming population. The average 2 bedroom rent in Portland is $2,020 compared to the US average rent of $1,430. Additionally, the Grocery Cost Index in Portland is 107 versus the US index of 100 which highlights higher costs for basic food items. The city attracts many young professionals from all over the country due to its vibrant entertainment scene and thriving businesses. Companies based in Portland such as Nike, Intel, and Adidas draw residents from diverse backgrounds. With its diverse culture and growing population, Portland is an ideal place for individuals looking for work and adventure.

Portland (zip 97232) has an unemployment rate of 6.9%. The US average is 6.0%.

Portland (zip 97232) 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 97232)
- The Sales Tax Rate for Portland (zip 97232) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Portland (zip 97232) 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 97232)
- The average income of a Portland (zip 97232) resident is $40,154 a year. The US average is $28,555 a year.
- The Median household income of a Portland (zip 97232) resident is $67,591 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%
  $53,799$37,638
  $67,591$69,021
  $125,365$85,028
  Population by Occupation
  1.6%1.2%
  0.0%0.5%
  3.6%6.8%
  4.8%10.0%
  1.1%2.5%
  13.5%11.0%
  3.6%4.8%
  0.7%0.8%
  4.5%1.9%
  2.5%4.7%
  1.8%1.9%
  18.0%7.6%
  0.1%0.1%
  1.1%4.2%
  6.6%9.3%
  17.5%14.0%
  2.3%2.1%
  8.5%7.0%
  4.5%4.8%
  3.6%4.7%
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