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ZIP Code 97242 — undefined, undefined Demographics & Data

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

Upper Middle ClassRemote Work Hub

At a glance

Population
6,161
Density
N/A
Median income
$104,432
+39% vs US avg
Home value
$637,000
+83% vs US avg
Median rent
$1,444
+24% vs US avg
Timezone
N/A

Overview of ZIP Code 97242

Tech hubTech / corporate campus area
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What to know about ZIP 97242

ZIP code 97242 covers ZIP 97242 with a population of about 6,161.

At a glance, the area shows median age of 38.3 (near the U.S. median).

It sits in the PORTLAND, OR media market.

Local search focus: Tech hub

ZIP 97242 aligns with a tech / corporate-campus profile (high remote-work / education / income profile or known campus context). Broadband quality, remote-work share, and nearby employer campuses often matter as much as classic residential stats.

Income and economy in ZIP 97242

Median household income in ZIP 97242 is about $104,432 — about 39% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 10.9%; unemployment rate near 10.1%; 55.2% of adults with a bachelor’s degree or higher (about 21.5 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Education, Manufacturing, and Healthcare; about 30.5% of workers reporting work-from-home (about 15.3 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Housing and affordability in ZIP 97242

Median home value is about $637,000 — about 83% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,444 (about 24% above the U.S. median rent ($1,163)), and owner-occupancy near 40.7% (about 24.7 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 97242, a household would need roughly $175,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,092. That is about 68% above the local median household income ($104,432), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.