ZIP 97124 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Upper Middle ClassLarge CommunityLow Snow AreaRemote Work Hub

Income, employment, industries, and economic trends

Income & Economy in Hillsboro city, OR (97124)

Median Income

$107,063

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+2,759

Wealth inflow

Population

54,351

Unemployment

4.3%

0.6pp above US avg

IRS migration statistics show a net inflow of about 2,759 for ZIP 97124 (Hillsboro city, OR) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

4.3%+16% vs US avg

Self-Employed

2.2%-64% vs US avg

SNAP Benefits

8.8%-25% vs US avg

1,539

Establishments

62,236

Employees

~40 per establishment — mix of small and larger employers

Manufacturing

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.9%
Construction7.1%
Manufacturing24.9%
Wholesale trade2.2%
Retail trade10.4%
Transportation, utilities4.1%
Information1.5%
Finance, insurance, real estate4.4%
Professional, scientific, management13.1%
Education, health care, social17.0%
Arts, entertainment, food services7.8%
Other services3.2%
Public administration3.4%

Household Income

Historical Trends in 97124 (2020–Present)

Since 2020, population declined 3.1%, median income fell 4.3% (inflation-adjusted), home values increased 12.5%.

Median Income

$107,063

+42% vs US avg

Unemployment Rate