Get multiple home insurance quotes in 97223. Our licensed 97223, OR agents are ready to serve you.

97223, OR Homeowners Insurance Rates

With a population size of 49,967 and with 19,822 occupied homes in the 97223 area, our online shopping service is becoming very helpful for homeowners like you. The average home insurance premiums in Portland, OR are around $624 per year for a standard HO-3 homeowners policy. Wouldn't you love to save up to 40% or more on your next home insurance policy? Our process easily compares the most competitive rates, while including all discounts and credits, plus reviewing all enhanced coverage options. You will find that GetHomeInsuranceQuotes.com is the best place online to shop for home insurance rates in Portland, Oregon. If you are looking for more affordable rates, let us help you shop and compare your next homeowners policy today. Just enter your zip code to start online comparing, or give us a call at 1-855-976-2656 so we can help you review rates today!

It's important to know that if your Oregon home may be located in a risk area that is prone to flooding, hurricanes or earthquakes. You may need additional coverage that is not part of your current policy like an HO-3 or HO-2. We can help you review the best protection and coverage options for your home located in Portland, OR.

For Oregon home insurance information, including average Portland home insurance rates, coverage options or the different homeowners insurance types, please select Portland, OR Home Insurance Quotes Now!

97223 Home Insurance Average Premiums

Local 97223 homeowners insurance quotes comparison

$374 /yr.

Shows Zip Code: 97223 lowest rates with discounts applied on average.

For the 97223, homeowners insurance rates may vary on deductible, coverage amount and property details. Below is a list of the averages based on the cost of an annual home insurance premium.

Coverage Amount:Annual Premium
1800 sq. ft. or below
(discounts applied)
$374 /yr.
Average Coverage:$624 /yr.
2600 sq. ft. or higher
(all discounts applied)
$924 /yr.

What is the average home insurance cost for a home in 97223?

  • • The average homeowners insurance premium paid annually for a home in 97223 is around $624 per year.

What does it cost on average per month for home insurance in 97223?

  • • Homeowners in 97223 pay a monthly average cost per month around $52.00.

What kind of discount could I get if I combine my home and auto insurance together in 97223?

  • • Autoowners in 97223 can receive a 20% to 25% discount if they own a home and would like to group or bundle their car and home insurance together with one insurance company.

For shopping home insurance rates within the Portland area, check out other zip codes nearby 97223.
Review average rates in another zip code:
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97211 homeowners insurance rates

Home Replacement Cost Coverage in 97223

Average Building Cost Per Square Foot in 97223: $221

Location: Portland, Oregon (Washington County)

Average Square Footage in 97223: 2,079 Sq. Ft.

When building or updating a home, it's always good to review the average cost per square foot to build in 97223 before you start any project. Portland homeowners pay on average around $221 per square foot to build a home. Another great reason to know the average cost to build is for your homeowners insurance policy. A standard homeowners policy will help you cover the replacement cost of your home due a fire or any other named perils on your policy. Calculating your dwelling coverage for your home in 97223 is extremely helpful when estimating how much replacement cost coverage you need. We highly recommend that you have enough dwelling coverage to rebuild your home if it was destroyed by a covered peril.

Here is how you determine your replacement cost. If we take an average home in 97223 and want to estimated the dwelling coverage, than we will need the square footage of the home which is 2,079 sq. ft. and the average cost to rebuild the home in this area is around $221 per square foot would be considered a base estimate cost. These two numbers would allow us to generate the replacement cost needed for an average size home in the Portland area. If the home is new or has been upgraded, you will want to add $50 to $100 or more per square foot to equally cover the replacement cost to restore a home back to it's original condition.

Home Improvement StatusPrice per Sq. Ft.Square FeetDwelling Coverage
Basic Home Features$2212,079$459,400
Additional Upgrades & Added Features$2762,079$574,250
Major Home Updates or Advancements$3322,079$689,100

It's important to understand that when you estimate your replacement cost of your home in the 97223 zip code area, it will be the cost to replace the structure of your home, not the additional value of the property that is factored in when purchasing a new home.

Best Homeowners Insurance Agencies in 97223

American Family Insurance - Ai Nguyen

Address: 12909 Sw 68th Pkwy Ste 250 Portland, OR 97223
Phone: (503)603-4080
Website: www.amfam.com

American Family Insurance - Matthew Geiger

Address: 12909 Sw 68th Pkwy Ste 250 Portland, OR 97223
Phone: (503)982-5030
Website: www.amfam.com

Crump Insurance Services

Address: 9115 SW Oleson Rd Ste 205 Portland, OR 97223
Phone: (503)293-9555
Website:

American Family Insurance - Rosario Warner

Address: 10500 Sw Greenburg Rd Ste 200 Tigard, OR 97223
Phone: (503)620-5886
Website: www.amfam.com

American Family Insurance - Jeremy Hill

Address: 12909 Sw 68th Pkwy Ste 250 Portland, OR 97223
Phone: (503)603-4087
Website: www.amfam.com

Best Home & Auto Insurance Agencies in 97223

Campbell- Sandra K

Address: 12900 SW Pacific Hwy Tigard, OR 97223
Phone:
Website: http://www.sandracampbell.com
Info:

American National Insurance

Address: 10675 SW Watkins Pl Tigard, OR 97223
Phone:
Website: http://www.anico.com
Info:

Horton- A Glenn - State Farm Insurance Agent

Address: 12194 SW Scholls Ferry Rd Tigard, OR 97223
Phone:
Website: http://www.glennhorton.com
Info:

Crump Insurance Services

Address: 9115 SW Oleson Rd, #205 Portland, OR 97223
Phone:
Website:
Info:

Allstate Insurance Company - Craig Jarrett

Address: 7360 Southwest Hunziker Street Portland, OR 97223
Phone:
Website: http://www.allstateagencies.com/083567?cid=OTC-YP.com-IYP&att=TL
Info:

Housing Demographics for 97223

Population Review for 97223 Zip Code

For the city of Portland, the population within 97223 has increased to over 51,890 residents in population size. The current population total is 49,967. We have broken down the population based on race below. In 97223, there are over 24796 in male population and 25171 females.

PopulationValues
Total Population49,967
White Population35623
Black Population971
Hispanic Population6719
Asian Population3764
Hawaiian Population455
Indian Population479
Other Population3241
Male Population24796
Female Population25171
Population Estimate51890

Household Data for 97223

The average number of homes in 97223 is around 19,822, there are an average of 2.50 per household. The average house value according to local real estate values is around $459,400. Please review the following demographics below for average income and media age.

Housing / Income DataValues
Households Per Zipcode19,822
Persons Per Household2.50
Average House Value$459,400
Income Per Household$96222
Median Age38.7
Median Age Male37.6
Median Age Female39.8
97223 DetailsValues
StateOR
State Full NameOregon
City TypeP
City Alias Abbreviation
Area Code503/971
CityPortland
City Alias NamePORTLAND
CountyWashington
County FIPS067
State FIPS41
Time Zone8
Day Light SavingY
MSA6442
PMSA6440
CSA440
CBSA38900
CBSA_DIV
CBSA_TypeMetro
CBSA_NamePortland-Vancouver-Hillsboro, OR-WA
MSA_NamePortland-Salem, OR-WA CMSA
PMSA_NamePortland-Vancouver, OR-WA PMSA
RegionWest
DivisionPacific
MailingNameY
Economic & Growth ReviewValues
Number Of Businesses2192
Number Of Employees30303
Business First Quarter Payroll438866
Business Annual Payroll1831938
Business Employment Flag
Growth Rank0
Growth Housing Units 2003
Growth Housing Units 2004
Growth Increase Number0
Growth Increase Percentage0.0
Metropolitan DetailsValues
CBSA Population2226009
CBSA Division Population0
Congressional District01|06
Congressional LandArea3007|0
Delivery Residential20756
Delivery Business1980
Delivery Total25909
Preferred Last Line KeyZ15411
Classification Code
Multi-County
CSA NamePortland-Vancouver-Salem, OR-WA
CBSA_DIV_Name
City State KeyZ15411
Land Area11.064000
Water Area0.007000
City Alias Code
City Mixed CasePortland
City Alias Mixed CasePortland
Box Count0
SFDU7660
MFDU2944
State ANSI41
County ANSI067
ZIP Intro
Alias Intro
Facility CodeP
City Delivery IndicatorY
Carrier Route Rate SortationD
Finance Number406784
Unique ZIP Name
SSA State County Code38330
Medicare CBSA Code38900
Medicare CBSA NamePortland-Vancouver-Hillsboro, OR-WA
Medicare CBSA TypeMetro
Market Rating Area ID1
County Mixed CaseWashington

Oregon Homeowners Insurance News & Information

  • Homeowners Shopping Rates Due to Rise in Premiums Posted on Monday 23rd September, 2024

    According to the recently released J.D. Power 2024 U.S. Home Insurance Study a nationwide rise in premiums has driven many customers to shop for new policies as their rates are now too high.  “’The average shopping rate among home insurance customers has climbed to a record high of 6.8% through the second quarter of 2024, […]

  • Where is it cheaper to rent than to buy a home in the United States? Posted on Thursday 5th September, 2024

    According to a new study from Clever Real Estate, a St. Louis-based real estate company, monthly rent costs are actually cheaper than a monthly mortgage payment in 48 of the 50 most populous cities in the United States. Their analysis looked at mortgage principals, interest, taxes as well as homeowners insurance and they found that […]

  • Review How Many Homeowners Are Not Insured Per State Posted on Thursday 29th August, 2024

    One of the major costs of owning a home is protecting it with homeowners insurance. This will ensure your home is repaired or rebuilt if it is damage or destroyed by a covered peril. It also helps protect you against lawsuits, theft and even vandalism. If you have a mortgage on your home, your lender […]