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ZIP Code 97231

Multnomah, Oregon

ZCTA 97231

Juniper

ZIP Code 97231 is in the lowest 39% nationally for FEMA risk score. It also sits in the lowest 1% nationally for home price growth over the past year. And it sits in the lowest 2% nationally for home price growth over five years.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$781,148

Higher than 91% of U.S. ZIP codes
Home Price Growth, Past Five Years

19%

Lower than 98% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

57

Lower than 61% of U.S. ZIP codes

The boundary of ZIP Code 97231, in Multnomah, Oregon.

The basics

Total Population

4,308

Median Age

51.7

Population Density

68.67

Home values & property tax

Median Property Tax

$7,160

Property Tax Rateyearly tax as a share of home value

0.83%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

6.24×

Higher than 92% of U.S. ZIP codes
Median Income

$137,527

Higher than 94% of U.S. ZIP codes
Median Rent

$1,898

Higher than 90% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

-13%

Lower than 99% of U.S. ZIP codes
Pandemic Price Run-Up2019–20 low → 2022–23 peak

33%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

23%

Climate & weather

Summer Avg High (°F)

78.7

Winter Avg Low (°F)

33.9

Avg Temperature (°F)

53

Hot Days/yr (>90°F)

14.3

Freezing Days/yr (<32°F)

60.7

Annual Precipitation (in)

42.3

Annual Snowfall (in)

0.8

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 97231: frequently asked questions

What is the typical home value in ZIP Code 97231?
The estimated median home value in ZIP Code 97231 today is $781,148, higher than 91% of U.S. ZIP codes.
How much is property tax in ZIP Code 97231?
The median annual property tax in ZIP Code 97231 is $7,160, an effective rate of 0.83% of home value.
Is ZIP Code 97231 expensive to live in?
Homes in ZIP Code 97231 cost about 6.24× the median household income, higher than 92% of U.S. ZIP codes.
What is the average rent in ZIP Code 97231?
The median gross rent in ZIP Code 97231 is $1,898 a month, higher than 90% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 97231?
Home prices in ZIP Code 97231 have moved 19% over the past five years (-13% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 97231?
ZIP Code 97231 has a population of 4,308, about 68.67 people per square mile, per the U.S. Census American Community Survey. The median age is 51.7.
What is the weather like in ZIP Code 97231?
ZIP Code 97231 averages 53°F year-round, summer highs near 78.7°F, winter lows around 33.9°F (NOAA 1991–2020 normals). It sees about 0.8 inches of snow a year.
Is ZIP Code 97231 at risk of flooding or natural disasters?
ZIP Code 97231's FEMA National Risk Index score is 57 (lower than 61% of U.S. ZIP codes). Its greatest modeled natural hazard is earthquake. Expected annual loss from flooding is $0 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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