How much is a home worth in ZIP code 97055?

The typical home in 97055 is worth $520,813, based on the Zillow Home Value Index.

Are home values rising in 97055?

Home values in 97055 are down 0.2% over the past year, and up 2.7% a year over five years.

What is the typical rent in 97055?

A typical home in 97055 rents for about $2,253 a month, a gross rental yield of 5.2%.

What is the property tax rate in 97055?

The effective property tax rate in 97055 is 0.7% — roughly $3,843 a year on a typical home.

ZIP code 97055 has a population of 19,786 and a median household income of $112,323.

HousingHandbookReference data

…

U.S. ZIP Code · OR97055

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

Typical home value

$520,813^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.2%
5-year / yr: +2.7%
10-year / yr: +5.5%

Relative price

vs U.S.: +83.3%
vs metro: -5.0%
vs state: +13.2%

Price history

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

The typical home in 97055 is worth $520,813 — 5.0% below the Portland-Vancouver-Hillsboro, OR-WA median. Over the past year, values have fallen 0.2%. Homes here rent for a typical $2,253 a month — a 5.2% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

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

Monthly rent: $2,253^[2]
Gross yield: 5.2%^[2]
Cap rate: 3.1%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $3,843^[3]

#Climate risk

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

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Very Low
Wildfire: Relatively Low
Drought: Very Low
Heat wave: Relatively Moderate
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: Relatively High

#Who lives here

Population: 19,786^[3]
Median household income: $112,323^[3]

#Migration

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

Net migration: -381^[5]
Moved in: 13,847
Moved out: 14,228

Schools

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

Public schools: 4
Elementary: 2
Middle: 1
High: 1

Sandy High School
High · Grades 9–12 · Oregon Trail SD 46
1,434 students
Firwood Elementary School
Elementary · Grades K–5 · Oregon Trail SD 46
456 students
Cedar Ridge Middle School
Middle · Grades 6–8 · Oregon Trail SD 46
439 students
Sandy Grade School
Elementary · Grades K–5 · Oregon Trail SD 46
339 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 yield5.2%

Net yield (after ~40% expenses)3.1%

Annual rent$27,033

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$2,634

Loan principal$416,650

Down payment$104,163

Total interest paid$531,414

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 ratio1.50

Monthly cost to own$3,389

Monthly rent$2,253

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: 44th percentile^[1]
Rental yield: 97th percentile^[2]
Property tax: 38th percentile^[3]

Rankings

Top-10 lists this ZIP code appears on.

9th for highest rental yield in ORView list →

Frequently asked

How much is a home worth in ZIP code 97055?: The typical home in 97055 is worth $520,813, based on the Zillow Home Value Index.
Are home values rising in 97055?: Home values in 97055 are down 0.2% over the past year, and up 2.7% a year over five years.
What is the typical rent in 97055?: A typical home in 97055 rents for about $2,253 a month, a gross rental yield of 5.2%.
What is the property tax rate in 97055?: The effective property tax rate in 97055 is 0.7% — roughly $3,843 a year on a typical home.
Who lives in 97055?: ZIP code 97055 has a population of 19,786 and a median household income of $112,323.

#Comparable ZIPs

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

97080 vs 97055 →
Gresham, OR
Typical home
$521,235
Gross yield
3.9%
97027 vs 97055 →
Gladstone, OR
Typical home
$518,543
Gross yield
4.0%
97123
Hillsboro, OR
Typical home
$527,100
Gross yield
5.0%
97011
Mount Hood Villages CDP, OR
Typical home
$513,533
Gross yield
—
97116
Forest Grove, OR
Typical home
$528,956
Gross yield
3.8%
97114
Dayton, OR
Typical home
$531,791
Gross yield
—

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#Jump to section

U.S. ZIP Code · OR97055

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