Area Insights of 97030, Gresham, 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 278 homes were sold with 97 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

97030, Gresham, OR

Date

05-16-2023

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

Portland Adventist Elementary School

PK to 8

Middle School

Clear Creek Middle School

6 to 8

Ratings

D+

High School

Center for Advanced Learning

11 to 12

Gresham High School

9 to 12

Ratings

D+

Centennial High School

9 to 12

Ratings

C-

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 4% 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 (40,623)
20,336 Male
20,287 Female
Education
31% High School
11% Associate
15% Bachelor
7% Graduate
Age

Average Age is 37 Years

Household Details

The area's household landscape is diverse, with 44% owner-occupied homes and 56% renter-occupied properties. Family households represent 60% of the population, indicating a strong community focus on family living. The average home value stands at $435,480, which suggests ample demand for multi-bedroom properties.

Total Households
16,216
Average home value
$435,480
Owned
44%
Rented
56%
Vacant
4%
Families
60%
Married
37%
With children
32%

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 6% Asian, 4% Black, and 2% Native residents, alongside 62% White and 22% 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 25% of households earning over $100,000 annually, while 33% 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
3%
Healthcare
17%
Professional
5%
Education
5%
Services
28%
Labor
20%
Retail
16%
Other
7%
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