ZIP comparison · Portland-Vancouver-Hillsboro, OR-WA
97116 vs 97123
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP97116Forest Grove, OR | ZIP97123Hillsboro, OR |
|---|---|---|
| Home value | ||
| Typical home value | Better: $528,956 | $527,100 |
| 1-year appreciation | Better: -1.8% | -4.0% |
| 5-year CAGR | Better: +2.4% | +2.2% |
| 10-year CAGR | Better: +5.4% | +5.2% |
| Rent & investment | ||
| Monthly rent | Better: $1,680 | $2,215 |
| Gross yield | 3.8% | Better: 5.0% |
| Cap rate | 2.3% | Better: 3.0% |
| Property tax | ||
| Effective tax rate | Better: 0.7% | 0.8% |
| Typical annual tax | Better: $3,764 | $4,104 |
| Demographics | ||
| Population | 29,800 | 48,410 |
| Median household income | $92,613 | Better: $109,985 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -1,540 | -1,540 |
| Schools | ||
| Public schools | 8 | 13 |
| Students enrolled | 4,874 | 7,155 |