Area Insights of Beaverton, OR

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 2283 homes were sold with 707 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Beaverton, OR

Date

04-09-2023

Price Ratio

101%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

Valley Catholic Elementary School

KG to 5

Crescent Islamic Montessori School

PK to KG

St Cecilia School

PK to 8

Agia Sophia Academy

PK to 5

Angels Academy Llc

PK to 2

Middle School

Highland Park Middle School

6 to 8

Ratings

C

High School

Mountainside High School

9 to 12

Ratings

C+

Arts and Communication Magnet Academy

6 to 12

Ratings

B+

Beaverton Academy of Science and Engineering

6 to 12

Ratings

A+

Community School

9 to 12

Ratings

D-

International School of Beaverton

6 to 12

Ratings

A

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 10% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (206,744)
103,765 Male
102,979 Female
Education
19% High School
9% Associate
29% Bachelor
15% Graduate
Age

Average Age is 37 Years

Household Details

The area's household landscape is diverse, with 56% owner-occupied homes and 44% renter-occupied properties. Family households represent 64% of the population, indicating a strong community focus on family living. The average home value stands at $571,026, which suggests ample demand for multi-bedroom properties.

Total Households
81,744
Average home value
$571,026
Owned
56%
Rented
44%
Vacant
4%
Families
64%
Married
47%
With children
31%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 14% Asian, 3% Black, and 1% Native residents, alongside 58% White and 20% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 42% of households earning over $100,000 annually, while 32% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
2%
Healthcare
13%
Professional
10%
Education
7%
Services
23%
Labor
23%
Retail
16%
Other
7%
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