97202, Portland, OR

The 97202 zip code of Portland, OR is one of the most popular and expensive zip codes in the United States. The median home value in this zip code is $527,000, which is more than double the national median home value of $199,000. In addition, the average home equity in this zip code is $214,000, which is significantly higher than the national average of $130,000.

One reason for the high home values and equity in this zip code are the many affluent residents who live here. The percentage of households earning over $200,000 in this zip code is above the national average of 23%. Additionally, there are a number of large corporations located in this area, which has helped to drive up housing prices and increase home equity.

Despite these high values and rates of homeownership, not everyone can afford to live in this area. The median household income in this zip code is just under $100k annually, which is below the national median household income of $125k. This means that a significant number of households in this area are unable to purchase or maintain a home at market rates.