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ZIP Code 97298 — undefined, undefined Demographics & Data

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

Wealthy AreaRemote Work Hub

At a glance

Population
4,516
Density
N/A
Median income
$150,777
+101% vs US avg
Home value
$789,800
+127% vs US avg
Median rent
$1,333
+15% vs US avg
Timezone
N/A

Overview of ZIP Code 97298

AffluentHigh-income residential area
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What to know about ZIP 97298

ZIP code 97298 covers ZIP 97298 with a population of about 4,516.

At a glance, the area shows median age of 46.0 versus a U.S. median of about 38.9.

It sits in the PORTLAND, OR media market.

Local search focus: Affluent

ZIP 97298 ranks among higher-income / higher-home-value communities on US5 (very high median household income (~$150,777)). Searchers often dig into housing affordability stretch, private schools, and neighborhood comparisons rather than entry-level rentals.

Income and economy in ZIP 97298

Median household income in ZIP 97298 is about $150,777 — about 101% above the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 4.2%; unemployment rate near 2.5%; 69.2% of adults with a bachelor’s degree or higher (about 35.5 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Healthcare, Education, and Professional services; about 18.6% of workers reporting work-from-home (about 3.4 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 97298

Median home value is about $789,800 — about 127% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,333 (about 15% above the U.S. median rent ($1,163)), and owner-occupancy near 77.1% (about 11.7 points above the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 97298, a household would need roughly $217,000 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 $5,073. That is about 44% above the local median household income ($150,777), 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.