How much is a home worth in ZIP code 97060?

The typical home in 97060 is worth $487,162, based on the Zillow Home Value Index.

Are home values rising in 97060?

Home values in 97060 are down 1.4% over the past year, and up 2.5% a year over five years.

What is the typical rent in 97060?

A typical home in 97060 rents for about $1,674 a month, a gross rental yield of 4.1%.

What is the property tax rate in 97060?

The effective property tax rate in 97060 is 0.9% — roughly $4,313 a year on a typical home.

ZIP code 97060 has a population of 21,649 and a median household income of $88,279.

HousingHandbookReference data

…

U.S. ZIP Code · OR97060

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

Typical home value

$487,162^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -1.4%
5-year / yr: +2.5%
10-year / yr: +5.7%

Relative price

vs U.S.: +71.5%
vs metro: -11.1%
vs state: +5.9%

Price history

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

The typical home in 97060 is worth $487,162 — 11.1% below the Portland-Vancouver-Hillsboro, OR-WA median. Over the past year, values have fallen 1.4%. Homes here rent for a typical $1,674 a month — a 4.1% 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: $1,674^[2]
Gross yield: 4.1%^[2]
Cap rate: 2.5%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $4,313^[3]

#Climate risk

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

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

#Who lives here

Population: 21,649^[3]
Median household income: $88,279^[3]

#Migration

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

Net migration: -1,001^[5]
Moved in: 29,712
Moved out: 30,713

Schools

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

Public schools: 6
Elementary: 3
Middle: 1
High: 1

Reynolds High School
High · Grades 9–12 · Reynolds SD 7
2,381 students
Walt Morey Middle School
Middle · Grades 6–8 · Reynolds SD 7
548 students
Troutdale Elementary School
Elementary · Grades K–5 · Reynolds SD 7
351 students
Sweetbriar Elementary School
Elementary · Grades K–5 · Reynolds SD 7
255 students
Reynolds Arthur Academy
Elementary · Grades K–5 · Reynolds SD 7
172 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 yield4.1%

Net yield (after ~40% expenses)2.5%

Annual rent$20,094

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$2,463

Loan principal$389,729

Down payment$97,432

Total interest paid$497,078

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 ratio1.93

Monthly cost to own$3,231

Monthly rent$1,674

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: 36th percentile^[1]
Rental yield: 51st percentile^[2]
Property tax: 69th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 97060?: The typical home in 97060 is worth $487,162, based on the Zillow Home Value Index.
Are home values rising in 97060?: Home values in 97060 are down 1.4% over the past year, and up 2.5% a year over five years.
What is the typical rent in 97060?: A typical home in 97060 rents for about $1,674 a month, a gross rental yield of 4.1%.
What is the property tax rate in 97060?: The effective property tax rate in 97060 is 0.9% — roughly $4,313 a year on a typical home.
Who lives in 97060?: ZIP code 97060 has a population of 21,649 and a median household income of $88,279.

#Comparable ZIPs

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

97003 vs 97060 →
Aloha CDP, OR
Typical home
$488,384
Gross yield
4.8%
97018 vs 97060 →
Columbia City, OR
Typical home
$485,344
Gross yield
—
97128
McMinnville, OR
Typical home
$489,071
Gross yield
4.8%
97113
Cornelius, OR
Typical home
$489,507
Gross yield
—
98662
Five Corners CDP, WA
Typical home
$484,713
Gross yield
4.2%
97005
Beaverton, OR
Typical home
$490,658
Gross yield
4.3%

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

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Pit ZIP 97060 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · OR97060

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