Happy Valley is a somewhat small city located in the state of Oregon. With a population of 19,704 people and six constituent neighborhoods, Happy Valley is the 38th largest community in Oregon. Much of the housing stock in Happy Valley was built relatively recently. The construction of new real estate can often be taken as an indication that the local Happy Valley economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Happy Valley, where the median household income is $106,197.00.
Happy Valley home prices are not only among the most expensive in Oregon, but Happy Valley real estate also consistently ranks among the most expensive in America.
Happy Valley is a decidedly white-collar city, with fully 90.30% of the workforce employed in white-collar jobs, well above the national average. Overall, Happy Valley is a city of professionals, sales and office workers, and managers. There are especially a lot of people living in Happy Valley who work in management occupations (15.25%), office and administrative support (13.88%), and sales jobs (12.57%).
Also of interest is that Happy Valley has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 8.31% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Happy Valley is a good choice for families with children because of several factors. Many other families with children live here, making it a place where both parents and children are more likely to develop social ties with other families. The city’s good public school district and large population of college-educated adults provide an environment conducive to academic success. Many people own their own single-family homes, providing areas for children to play and stability in the community. Finally, Happy Valley’s overall crime rate is lower than average for the country.
Even though Happy Valley is a smaller city, it has many people who hop on public transportation – mostly the bus for their daily commute to work. Typically, these people are commuting to good jobs in the surrounding cities.
If knowledge is power, Happy Valley is a pretty powerful place. 52.60% of the adults in Happy Valley have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Happy Valley in 2010 was $41,790, which is wealthy relative to Oregon and the nation. This equates to an annual income of $167,160 for a family of four.
Happy Valley is a very ethnically-diverse city. The people who call Happy Valley home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Happy Valley residents report their race to be White, followed by Asian. Important ancestries of people in Happy Valley include English, Irish, Italian, and European.
Happy Valley also has a high percentage of its population that was born in another country: 15.23%.
The most common language spoken in Happy Valley is English. Other important languages spoken here include Vietnamese and Chinese.