Happy Valley, OR

Full City Profile · Oregon · Multnomah County County

4.3 /5.0
A Great
25,572 Population 2,147/sq mi density
$120,324 Median Income $54,342 per capita
$671,800 Home Value $678,674 Zillow
$2,025 Median Rent 36.4% income on rent
55°F Avg Temperature
A
Overall
4.3 / 5.0
Strong
A+
Economy
4.7 / 5.0
$120,324 median income, 3.7% unemployment
B+
Affordability
3.5 / 5.0
$671,800 home value, $2,025/mo rent
A+
Education
4.7 / 5.0
46.4% bachelor's degree or higher

Happy Valley, OR

At a Glance

Median Income
$120,324
60% above
$54,342 per capita
Home Value
$671,800
138% above
Zillow: $678,674
Median Rent
$2,025/mo
74% above
36.4% of income on rent
Bachelor's Degree+
46.4%
38% above
94.7% high school+
Unemployment
3.7%
3% above
3.8% poverty rate
Obesity Rate
30.5%
5% below
9.4% smoking rate
Avg Temperature
55°F

How Happy Valley Compares to the U.S. Average

Each bar shows Happy Valley's value as a percentage of the national average (100% = U.S. avg)

Income
160%
Home Value
238%
Rent
174%
Poverty
31%
Bachelor's
138%
Unemployment
103%
Thin vertical line = U.S. national average (100%)

Is Happy Valley a Good Place to Live?

A
4.3 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Happy Valley residents earn a median household income of $120,324 , which is 60% above the national average of $75,149. Per capita income is $54,342. The unemployment rate stands at 3.7% (3% above the U.S. rate of 3.6%). 3.8% of residents live below the poverty line. The area is home to 40,968 business establishments, including 3,193 restaurants.

Housing & Cost of Living

The median home value in Happy Valley is $671,800 , 138% above the national median of $281,900. Zillow estimates the typical home at $678,674. Median rent is $2,025/month, with 36.4% of renters spending more than 30% of income on housing. The cost of living index is 103.4 (100 = national average). The median home was built in 2005.

Education

46.4% of adults in Happy Valley hold a bachelor's degree or higher (38% above the national average). 94.7% have completed high school. Local schools score 5.2/10 in standardized testing.

Climate & Weather

Happy Valley has an average annual temperature of 55°F (13°C). Winters average 42°F in January while summers reach 69°F in July. Annual precipitation totals 40.7 inches. Air quality is rated Good with a median AQI of 35.

Data Overview

People

Population25,572
Median Age39.7 yrs
Density2,147/mi²
Male / Female49% / 51%
Foreign Born17.1%
Veterans5.9%

Economy

A+
Median Income$120,324
Per Capita$54,342
Unemployment3.7%
Poverty3.8%
County GDP$90,618M
Avg Weekly Wage$1,553

Housing

B+
Home Value$671,800
Rent$2,025
Ownership82.0%
Zillow$678,674
Housing Units8,412
Rent Burden36.4%

Health

Obesity30.5%
Diabetes8.6%
Smoking9.4%
Heart Disease4.4%
Premature Death7,476/100K

Climate

Avg Temp55°F
Rain40.7 in/yr
AQI35 (Good)
Elevation690 ft

Education

A+
Bachelor's+46.4%
High School+94.7%
Graduate+18.3%
School Score5.2/10

Community

2024 VoteR 17% / D 79%
Commute28 min
Broadband95.5%
Internet Speed201 Mbps
EV Stations6
Libraries19

Did You Know?

Happy Valley was founded in 1851.
The median home in Happy Valley was built in 2005.
21.2% work from home.
The nearest airport is Portland International (11 miles).
The Gini coefficient (income inequality) is 0.473 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively High" by FEMA.
8.8% of the population has a disability.
17.1% of residents are foreign-born.
Average internet download speed is 201 Mbps.
There are 3,193 restaurants in the area.
The county recorded 87 fatal vehicle crashes.
182 declared natural disasters on record.