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Data updated 2026-10-07

ZIP Code 97116 · Forest Grove, OR

Washington County · pop 29,800 · ACS 2020–2024

The median household income in ZIP Code 97116 (Forest Grove, OR) is $92,613, higher than 71% of the other ZIP Codes in Oregon.

Its FHFA home price index changed +32.4% over the five years to 2025.

01 — Where it stands

$92,613
Median household income
± $8,467 MOE
$495,800
Median home value
± $19,058 MOE
$1,463
Median gross rent
14.2%
Poverty rate
Percentiles for ZIP Code 97116 within Washington County, Oregon and the U.S.
MeasureValueCounty percentileState percentileU.S. percentile
Median household income$92,613 ± $8,46711th percentile (19 ZIP Codes compared)71st percentile (277 ZIP Codes compared)73rd percentile (22,922 ZIP Codes compared)
Per capita income$37,4710th percentile (19 ZIP Codes compared)42nd percentile (277 ZIP Codes compared)49th percentile (22,922 ZIP Codes compared)
Poverty rate14.2%100th percentile (19 ZIP Codes compared)68th percentile (277 ZIP Codes compared)65th percentile (22,922 ZIP Codes compared)
Adults with a bachelor’s degree or higher32.7%11th percentile (19 ZIP Codes compared)68th percentile (277 ZIP Codes compared)65th percentile (22,922 ZIP Codes compared)
Owner-occupied homes66.4%50th percentile (19 ZIP Codes compared)33rd percentile (277 ZIP Codes compared)27th percentile (22,922 ZIP Codes compared)
Housing vacancy rate3.3%72nd percentile (19 ZIP Codes compared)17th percentile (277 ZIP Codes compared)11th percentile (22,922 ZIP Codes compared)
Median home value$495,800 ± $19,05816th percentile (19 ZIP Codes compared)67th percentile (277 ZIP Codes compared)84th percentile (22,833 ZIP Codes compared)
Median gross rent$1,4635th percentile (19 ZIP Codes compared)63rd percentile (277 ZIP Codes compared)73rd percentile (22,865 ZIP Codes compared)
Income inequality (Gini index)0.43683rd percentile (19 ZIP Codes compared)59th percentile (277 ZIP Codes compared)55th percentile (22,922 ZIP Codes compared)
Average adjusted gross income per return$78,44512th percentile (17 ZIP Codes compared)64th percentile (268 ZIP Codes compared)63rd percentile (22,230 ZIP Codes compared)
Returns with AGI of $200,000 or more5.7%12th percentile (17 ZIP Codes compared)66th percentile (268 ZIP Codes compared)65th percentile (22,230 ZIP Codes compared)
Home price index, 5-year change+32.4%50th percentile (19 ZIP Codes compared)23rd percentile (269 ZIP Codes compared)12th percentile (18,843 ZIP Codes compared)
Business establishments per 1,000 residents18.433rd percentile (19 ZIP Codes compared)33rd percentile (277 ZIP Codes compared)46th percentile (22,700 ZIP Codes compared)
Average annual pay per employee$42,7110th percentile (19 ZIP Codes compared)25th percentile (277 ZIP Codes compared)30th percentile (22,551 ZIP Codes compared)

Percentile groups: Washington County · Oregon · U.S. Hover a percentile for the number of ZIP Codes compared. MOE = 90% margin of error.

02 — Home prices

−1.1%
1-year change
2024–2025
+32.4%
5-year change
2020–2025
+89.8%
10-year change
2015–2025

Home price index — ZIP Code 97116

Home price index, ZIP Code 97116, 2000–2025Line chart of the annual home price index: 100.0 in 2000 and 297.6 in 2025. Every value is listed in the data table below the chart.100200300400200020052010201520202025297.6

FHFA ZIP Code index (2000 = 100) — annual, developmental, not seasonally adjusted.

Data table
Home price index by year, ZIP Code 97116
YearIndexAnnual change
2000100.0+2.9%
2001104.5+4.5%
2002107.5+2.8%
2003109.4+1.8%
2004114.6+4.7%
2005133.5+16.5%
2006157.2+17.8%
2007168.1+6.9%
2008163.1−3.0%
2009143.9−11.7%
2010133.8−7.0%
2011122.4−8.5%
2012119.2−2.6%
2013130.4+9.4%
2014143.7+10.2%
2015156.8+9.1%
2016175.5+11.9%
2017194.3+10.7%
2018206.6+6.3%
2019218.2+5.6%
2020224.7+3.0%
2021254.8+13.4%
2022287.0+12.6%
2023296.7+3.4%
2024300.8+1.4%
2025297.6−1.1%

03 — Nearby ZIP Codes

ZIP Code 97116 and nearby ZIP Codes
ZIPPlaceDistanceMedian household incomeMedian home valuePoverty rate5-yr HPI change
97116Forest Grove, ORthis ZIP Code$92,613$495,80014.2%+32.4%
97106Banks, OR5.3 mi$104,250$546,4007.4%+29.3%
97125Manning, OR6.2 mi$250,001$1,166,7003.2%+35.5%
97113Cornelius, OR7.8 mi$96,859$465,40011.0%+34.8%
97119Gaston, OR8.0 mi$115,515$629,0004.8%+29.5%
97117Gales Creek, OR8.9 mi$121,818$652,8006.6%+47.6%
97133North Plains, OR10.5 mi$133,167$680,0004.6%+26.6%

Up to six nearest ZIP Code Tabulation Areas within 30 miles, by straight-line distance between Census center points (2024 Gazetteer).

04 — Business mix

549
Establishments
7,777
Employees
$332.2M
Annual payroll
$42,711
Average pay per employee
Establishments by sector, ZIP Code 97116
SectorEstablishmentsShare of ZIPU.S. shareRelative concentration
Construction9216.8%9.6%1.7×
Health care & social assistance6511.8%11.9%1.0×
Accommodation & food services6010.9%9.3%1.2×
Other services5510.0%9.5%1.1×
Retail trade509.1%12.4%0.7×
Manufacturing458.2%3.3%2.5×
Professional, scientific & technical services417.5%11.7%0.6×
Real estate & rental376.7%5.5%1.2×
Administrative & support services325.8%5.3%1.1×
Finance & insurance203.6%5.5%0.7×
All other sectors519.3%12.9%0.7×

Counts are establishments (business locations), not jobs. Relative concentration = the sector’s share of establishments here divided by its share in the U.S. (1.0× = the same share). Average pay is shown only where at least 20 employees are reported. ZIP Code Business Patterns 2023.

05 — About this data

How percentiles are calculated

Percentiles compare this ZIP Code with other ZIP Codes in the same county, the same state and the whole country. Only ZIP Codes with their own American Community Survey estimate, a population of at least 1,000 and a published median household income are compared, and only those with a value for the measure. A percentile of 64th means the value is higher than 64% of the other ZIP Codes in that group (0 is the lowest value, 100 the highest); it describes the size of a number, not a judgment about the area. County and state percentiles are left blank when the group has fewer than 5 ZIP Codes. The number of ZIP Codes compared is shown with each percentile.

Census figures are published for ZIP Code Tabulation Areas, which approximate USPS ZIP Code delivery areas; values shown as — are not published or are suppressed by the source.

Use of this page

Area statistics only. These figures describe a ZIP Code area — not any person or household — and do not rate the area or the people who live there. CoverFi is not a consumer reporting agency; do not use this page to make decisions about credit, insurance, employment or housing.

Sources

  1. U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, ZIP Code Tabulation Areas. Estimates are survey-based and have margins of error.
  2. U.S. Census Bureau, ZIP Code Business Patterns 2023 (establishment counts by NAICS sector; employment and payroll totals).
  3. Federal Housing Finance Agency, House Price Index for five-digit ZIP Codes, census tracts and counties — annual, developmental, not seasonally adjusted.
  4. IRS Statistics of Income, Individual Income Tax ZIP Code Data, tax year 2022.
  5. U.S. Census Bureau, 2024 Gazetteer Files (ZCTA locations, used for nearby ZIP Codes).
  6. HUD USPS ZIP Code Crosswalk Files (ZIP-to-tract and ZIP-to-county assignment).

This product uses Census Bureau data but is not endorsed or certified by the Census Bureau. This product uses the HUD User Data API but is not endorsed or certified by HUD User. ZIP Code Tabulation Areas are Census approximations of USPS ZIP Code delivery areas and may not match them exactly. ZIP Code is a trademark of the United States Postal Service.