Portland-Vancouver-Hillsboro, OR-WA · Oregon

Washington County

ZIP 97224

600,266 residents1,847 permits TTM$104,434 median HHI23 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$558,500

ACS 5-Year

Cap rate proxy

3.8%

FMR × 0.65 ÷ Home Value

Rent-to-income

20.4%

HUD FMR ÷ ACS HHI

Net migration

+2.73%

IRS SOI

Permits (TTM)

1,847

Census BPS

Climate risk

96.0

FEMA NRI (0–100)

ZIP 97224

Median home value

Gross yield

Buy Box score

0.2

Section 8 gap

Affordability

P/I: 5.8R/I: 20.9%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown23 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldBuy Box scoreSection 8 gap
971330.7
971130.6
971060.6
971190.5
971230.5
970050.4
970060.4
971240.3
971160.3
971400.3
970070.2
970080.2
972230.2
972240.2
970620.1
972290.1
972250.1
97003
97078
97109
97117
97125
97144

Sort by any column. Click a ZIP for detail.

Demographics

Owner-occupied

60.9%

Census ACS

Vacancy rate

3.3%

Census ACS

Bachelor's degree +

46.7%

Census ACS

Rent burdened

47.4%

Census ACS (>30% income)

Median age

37.8

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026