| ZIP Code | 97086 |
|---|---|
| City | Happy Valley |
| State | Oregon (OR) |
| County | Multnomah County |
| Area Code | 503 |
| Elevation | 459 ft |
| Latitude | 45.445315 |
|---|---|
| Longitude | -122.527925 |
| Timezone | Los Angeles (DST) |
| FIPS | 41005 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.2 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.65 |
| Below Poverty | 8.4% ▼ 16% below avg |
| College Grads | 53.7% ▲ 39% above avg |
| Unemployment | 4.5% ▼ 8% below avg |
| No HS Diploma | 316 (1.4%) |
| HS Graduate | 3,656 (16.4%) |
| Some College | 2,544 (11.4%) |
| Associates | 3,822 (17.1%) |
| Bachelors | 2,438 (10.9%) |
| Graduate Degree | 9,531 (42.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $102,591 ▲ 34% above avg ↑ 9% since 2019 |
|---|---|
| Median Home Value | $655,700 ▲ 135% above avg ↑ 40% since 2019 |
| Home/Income Ratio | 6.4x (nat avg ~3.5x) |
| Median Rent | $1,598/mo ↑ 21% since 2019 |
| Total Units | 13,440 |
| Vacant Units | 814 |
| Avg HH Size | 2.65 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 13,440 |
|---|---|
| Vacant | 814 |
| Owner Occupied | 64.0% |
| Renter Occupied | 36.0% |
| Avg HH Size | 2.65 |
ZIP code 97086 is located in Happy Valley, Oregon, within Multnomah County. With a population of 33,685, this is a moderately populated ZIP code with a middle-aged community — the median age is 41.2 years. Economically, 97086 is a upper-middle-income ZIP code: the median household income of $102,591 is above the national average.
Real estate in ZIP code 97086 represents a premium housing market. The median home value of $655,700 is more than double the national average. Renters can expect to pay around $1,598 per month in median rent. Homeownership is strong here — 64.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 40% since 2019.
The population of 97086 is majority White (63.12%). Residents are well-educated — 53.7% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 8.4%. Household income has grown by 9% since 2019.
The unemployment rate in 97086 stands at 4.5%, which is near the national average. About 18% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 67%.
Overall, ZIP code 97086 in Happy Valley, OR is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 33,685 residents, a median household income of $102,591, and a median home value of $655,700, it offers a clear picture of life in this part of Oregon.