Area Insights of 97078, 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 464 homes were sold with 159 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

97078, Beaverton, OR

Date

05-17-2023

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

Valley Catholic Elementary School

KG to 5

Crescent Islamic Montessori School

PK to KG

Middle School

Aloha-Huber Park PreK-8 School

PK to 8

Ratings

C+

High School

International School of Beaverton

6 to 12

Ratings

A

Aloha High School

9 to 12

Ratings

B

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 11% 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 (26,791)
13,390 Male
13,401 Female
Education
22% High School
12% Associate
22% Bachelor
9% Graduate
Age

Average Age is 36 Years

Household Details

The area's household landscape is diverse, with 65% owner-occupied homes and 35% renter-occupied properties. Family households represent 73% of the population, indicating a strong community focus on family living. The average home value stands at $520,284, which suggests ample demand for multi-bedroom properties.

Total Households
9,604
Average home value
$520,284
Owned
65%
Rented
35%
Vacant
4%
Families
73%
Married
55%
With children
36%

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 11% Asian, 4% Black, and 1% Native residents, alongside 55% White and 26% 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 37% of households earning over $100,000 annually, while 34% 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
6%
Education
8%
Services
28%
Labor
24%
Retail
14%
Other
7%
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