How much is a home worth in ZIP code 97006?

The typical home in 97006 is worth $503,053, based on the Zillow Home Value Index.

Are home values rising in 97006?

Home values in 97006 are down 3.8% over the past year, and up 2.3% a year over five years.

What is the typical rent in 97006?

A typical home in 97006 rents for about $1,821 a month, a gross rental yield of 4.3%.

What is the property tax rate in 97006?

The effective property tax rate in 97006 is 0.9% — roughly $4,650 a year on a typical home.

ZIP code 97006 has a population of 46,463 and a median household income of $104,790.

HousingHandbookReference data

…

U.S. ZIP Code · OR97006

Washington County · Portland-Vancouver-Hillsboro, OR-WA

Typical home value

$503,053^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -3.8%
5-year / yr: +2.3%
10-year / yr: +4.7%

Relative price

vs U.S.: +77.1%
vs metro: -8.2%
vs state: +9.4%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 97006 is worth $503,053 — 8.2% below the Portland-Vancouver-Hillsboro, OR-WA median. Over the past year, values have fallen 3.8%. Homes here rent for a typical $1,821 a month — a 4.3% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,821^[2]
Gross yield: 4.3%^[2]
Cap rate: 2.6%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.9%^[3]
Typical annual tax: $4,650^[3]

#Climate risk

FEMA National Risk Index ratings for Washington County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: No Rating
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: Relatively Moderate

#Who lives here

Population: 46,463^[3]
Median household income: $104,790^[3]

#Migration

Household moves in and out of Washington County over a year, from IRS tax-return data.

Net migration: -1,540^[5]
Moved in: 18,900
Moved out: 20,440

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 11
Elementary: 7
Middle: 2
High: 1

Beaverton Academy of Science and Engineering
High · Grades 6–12 · Beaverton SD 48J
853 students
Five Oaks Middle School
Middle · Grades 6–8 · Beaverton SD 48J
779 students
Meadow Park Middle School
Middle · Grades 6–8 · Beaverton SD 48J
688 students
McKinley Elementary School
Elementary · Grades PK–5 · Beaverton SD 48J
656 students
Oak Hills Elementary School
Elementary · Grades K–5 · Beaverton SD 48J
498 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield4.3%

Net yield (after ~40% expenses)2.6%

Annual rent$21,848

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$2,544

Loan principal$402,442

Down payment$100,611

Total interest paid$513,293

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio1.84

Monthly cost to own$3,349

Monthly rent$1,821

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 27th percentile^[1]
Rental yield: 68th percentile^[2]
Property tax: 75th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 97006?: The typical home in 97006 is worth $503,053, based on the Zillow Home Value Index.
Are home values rising in 97006?: Home values in 97006 are down 3.8% over the past year, and up 2.3% a year over five years.
What is the typical rent in 97006?: A typical home in 97006 rents for about $1,821 a month, a gross rental yield of 4.3%.
What is the property tax rate in 97006?: The effective property tax rate in 97006 is 0.9% — roughly $4,650 a year on a typical home.
Who lives in 97006?: ZIP code 97006 has a population of 46,463 and a median household income of $104,790.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

98665 vs 97006 →
Hazel Dell CDP, WA
Typical home
$503,506
Gross yield
4.0%
98682 vs 97006 →
Vancouver, WA
Typical home
$503,843
Gross yield
4.1%
97217
Portland, OR
Typical home
$506,516
Gross yield
4.0%
97078
Aloha CDP, OR
Typical home
$498,716
Gross yield
4.4%
97038
Molalla, OR
Typical home
$496,793
Gross yield
4.3%
97222
Milwaukie, OR
Typical home
$496,762
Gross yield
4.3%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 97006 against any other ZIP — full side-by-side table.

Compare 97006 →

#Jump to section

U.S. ZIP Code · OR97006

Get more data on ZIPs like this

Get more data on ZIPs like this