HousingHandbookReference data

U.S. ZIP Code · OR97054

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

Typical home value

$535,130[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.0%
5-year / yr
+2.9%
10-year / yr
+6.2%

Relative price

vs U.S.
+88.4%
vs metro
-2.4%
vs state
+16.4%
ZIP 97054 location in OR
Location of ZIP 97054 in OR

Price history

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

The typical home in 97054 is worth $535,130 — 2.4% below the Portland-Vancouver-Hillsboro, OR-WA median. Over the past year, values have fallen 1.0%. The effective property tax rate is 0.6%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.6%[3]
Typical annual tax
$2,955[3]

#Climate risk

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

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

#Who lives here

Population
1,494[3]
Median household income
$87,327[3]

#Migration

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

Net migration
+184[5]
Moved in
1,529
Moved out
1,345

Run the numbers

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

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$2,706
Loan principal$428,104
Down payment$107,026
Total interest paid$546,023

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.

Own : rent ratio
Monthly cost to own$3,397
Monthly rent

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
49th percentile[1]
Rental yield
[2]
Property tax
7th percentile[3]

Frequently asked

How much is a home worth in ZIP code 97054?
The typical home in 97054 is worth $535,130, based on the Zillow Home Value Index.
Are home values rising in 97054?
Home values in 97054 are down 1.0% over the past year, and up 2.9% a year over five years.
What is the property tax rate in 97054?
The effective property tax rate in 97054 is 0.6% — roughly $2,955 a year on a typical home.
Who lives in 97054?
ZIP code 97054 has a population of 1,494 and a median household income of $87,327.

#Comparable ZIPs

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

  • Newberg, OR

    Typical home
    $535,933
    Gross yield
    5.0%
  • Dayton, OR

    Typical home
    $531,791
    Gross yield
  • Forest Grove, OR

    Typical home
    $528,956
    Gross yield
    3.8%
  • Hillsboro, OR

    Typical home
    $542,011
    Gross yield
    4.1%
  • Hillsboro, OR

    Typical home
    $527,100
    Gross yield
    5.0%
  • Oak Grove CDP, OR

    Typical home
    $545,371
    Gross yield
    3.8%

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