Area Insights of 97006, Beaverton, OR

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 1%, indicating a strong buyer interest. A total of 338 homes were sold with 107 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

97006, Beaverton, OR

Date

05-18-2023

Price Ratio

100%

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

Agia Sophia Academy

PK to 5

Angels Academy Llc

PK to 2

Middle School

Meadow Park Middle School

6 to 8

Ratings

C-

Five Oaks Middle School

6 to 8

Ratings

D+

High School

Beaverton Academy of Science and Engineering

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 19% 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 (45,839)
23,071 Male
22,768 Female
Education
15% High School
9% Associate
32% Bachelor
19% Graduate
Age

Average Age is 35 Years

Household Details

The area's household landscape is diverse, with 47% owner-occupied homes and 53% renter-occupied properties. Family households represent 64% of the population, indicating a strong community focus on family living. The average home value stands at $552,862, which suggests ample demand for multi-bedroom properties.

Total Households
19,308
Average home value
$552,862
Owned
47%
Rented
53%
Vacant
4%
Families
64%
Married
47%
With children
34%

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 21% Asian, 4% Black, and 1% Native residents, alongside 53% White and 18% 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 43% of households earning over $100,000 annually, while 35% 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
12%
Education
7%
Services
22%
Labor
23%
Retail
15%
Other
6%
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