Area Insights of 97216, Portland, 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 147 homes were sold with 36 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

97216, Portland, OR

Date

03-20-2023

Price Ratio

102%

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

Happy Day Christian Child Care

PK to KG

Grace Lutheran School

PK to 7

Middle School

Harrison Park Middle School

6 to 8

Ratings

C+

Floyd Light Middle School

6 to 8

Ratings

C

Creative Science K-8 School @Clark

KG to 8

Ratings

A-

High School

No schools available

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

Stay ahead with insights on population dynamics, income levels and employment patterns. These data points are key indicators of demand and future growth.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 6% 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 (16,835)
8,401 Male
8,434 Female
Education
24% High School
10% Associate
22% Bachelor
10% Graduate
Age

Average Age is 41 Years

Household Details

The area's household landscape is diverse, with 58% owner-occupied homes and 42% renter-occupied properties. Family households represent 58% of the population, indicating a strong community focus on family living. The average home value stands at $459,920, which suggests ample demand for multi-bedroom properties.

Total Households
6,684
Average home value
$459,920
Owned
58%
Rented
42%
Vacant
5%
Families
58%
Married
43%
With children
29%

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, 7% Black, and 1% Native residents, alongside 60% White and 15% 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 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
17%
Professional
6%
Education
7%
Services
29%
Labor
16%
Retail
12%
Other
11%
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