Area Insights of 97239, 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 229 homes were sold with 84 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

97239, Portland, OR

Date

04-15-2023

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

A Renaissance School of Arts and Sciences

KG to 8

Hilltop Early Learning Academy

PK to KG

Maimonides Jewish Day School

KG to 5

Middle School

Robert Gray Middle School

6 to 8

Ratings

B

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

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 21% 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 (17,675)
8,829 Male
8,846 Female
Education
5% High School
3% Associate
40% Bachelor
39% Graduate
Age

Average Age is 40 Years

Household Details

The area's household landscape is diverse, with 49% owner-occupied homes and 51% renter-occupied properties. Family households represent 44% of the population, indicating a strong community focus on family living. The average home value stands at $746,086, which suggests ample demand for multi-bedroom properties.

Total Households
9,193
Average home value
$746,086
Owned
49%
Rented
51%
Vacant
7%
Families
44%
Married
37%
With children
17%

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 8% Asian, 2% Black, and 2% Native residents, alongside 76% White and 7% 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 52% of households earning over $100,000 annually, while 25% 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
21%
Professional
15%
Education
7%
Services
17%
Labor
18%
Retail
11%
Other
8%
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