Northwest Portland median real estate price is $963,022, which is more expensive than 95.5% of the neighborhoods in Oregon and 93.4% of the neighborhoods in the U.S.
The average rental price in Northwest Portland is currently $3,990, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 99.8% of the neighborhoods in Oregon.
Northwest Portland is a suburban neighborhood (based on population density) located in Portland, Oregon.
Northwest Portland real estate is primarily made up of medium sized (three or four bedroom) to large (four, five or more bedroom) single-family homes and townhomes. Most of the residential real estate is owner occupied. Many of the residences in the Northwest Portland neighborhood are established but not old, having been built between 1970 and 1999. A number of residences were also built between 2000 and the present.
In Northwest Portland, the current vacancy rate is 0.0%, which is a lower rate of vacancies than 100.0% of all neighborhoods in the U.S. This means that the housing supply in Northwest Portland is very tight compared to the demand for property here.
Many things matter about a neighborhood, but the first thing most people notice is the way a neighborhood looks and its particular character. For example, one might notice whether the buildings all date from a certain time period or whether shop signs are in multiple languages. This particular neighborhood in Portland, the Northwest Portland neighborhood, has some outstanding things about the way it looks and its way of life that are worth highlighting.
Real estate in the Northwest Portland neighborhood is almost exclusively owner-occupied. NeighborhoodScout's analysis reveals that this neighborhood has a higher rate of owner-occupied housing than is found in 96.7% of U.S. neighborhoods. If you are seeking to rent, this neighborhood may not have many options, but high rates of ownership often indicate stability in a neighborhood. With a real estate vacancy rate of only 0.0%, the Northwest Portland neighborhood has a lower vacancy rate than 100.0% of U.S. neighborhoods, a very elite group. Such a low vacancy rate may indicate very strong real estate demand in the neighborhood combined with some impediments to increasing supply, such as zoning or existing density of development, among other potential reasons.
In addition, one way that the Northwest Portland neighborhood really stands out, is that it has more large 4, 5, or additional bedroom homes and real estate than 95.4% of the neighborhoods in America. When you walk or drive around this neighborhood, you'll instantly notice the size of the homes here which definitely makes a strong visual statement.
If you come to know the people here, you will recognize that you're in the company of one of the wealthiest communities in the nation. In fact, a mere 1.0% of America's neighborhoods are wealthier than the Northwest Portland neighborhood. Real estate here is exceedingly well-maintained, and similarly, tends to maintain its value over time. The cars driven are mostly luxury brands like Mercedes, Audi, BMW, and Lexus. If the public schools aren't up to snuff, the residents of this neighborhood preferentially send their children to private preparatory schools. Vacation to Disney? Yes, but equally popular are summers in Europe. As one would expect in a considerably wealthy neighborhood such as this, Northwest Portland also has one of the lowest ratings of child poverty in the nation.
In addition, a majority of the adults in the Northwest Portland neighborhood are wealthy and educated executives. They own stately homes that tend to maintain high real estate appreciation rates. Their upper-level careers keep them busy, but allow them to live comfortably. If you're an executive and want to keep similar company, consider settling in this neighborhood, rated as an executive lifestyle "best choice" neighborhood for Oregon by NeighborhoodScout's analysis, which rated it as better for executive lifestyles than 99.5% of the neighborhoods in Oregon. In addition to being an excellent choice for highly educated executives, this neighborhood is also a very good choice for families with school-aged children and urban sophisticates.
Also, astoundingly, NeighborhoodScout's research reveals that this single neighborhood has a higher concentration of married couples living here than 99.0% of all U.S. neighborhoods. Whether they have school-aged children or not, married couples are the rule in the Northwest Portland neighborhood. If you are a married couple, you may find many people here with a similar lifestyle, and perhaps common interests. But if you are single, you might not find many other singles here.
Finally, do you like to read, write, and learn? Are you curious about the world? If so, this neighborhood may be a good fit for you. NeighborhoodScout's research revealed that a full 80.1% of the adults living in the Northwest Portland neighborhood have earned at least a bachelor's degree. This is a higher rate than NeighborhoodScout found in 98.1% of U.S. neighborhoods. In this way, this neighborhood truly stands out.
The Northwest Portland neighborhood has a higher proportion of its residents employed as executives, managers and professionals than 99.1% of the neighborhoods in America. In fact, 78.8% of the employed people here make a living as an executive, a manager, or other professional. With such a high concentration, this truly shapes the character of this neighborhood, and to a large degree defines what this neighborhood is about.
A unique way of commuting is simply not to. And in the Northwest Portland neighborhood, analysis shows that 18.4% of the residents work from home, avoiding a commute altogether. This may not seem like a large number, but it is a higher proportion of people working from home than is found in 95.2% of the neighborhoods in the United States. One thing NeighborhoodScout's research reveals is that the wealthier and/or more isolated the neighborhood, the greater the proportion of residents who choose to work from home.
Did you know that the Northwest Portland neighborhood has more Hungarian and Lebanese ancestry people living in it than nearly any neighborhood in America? It's true! In fact, 3.8% of this neighborhood's residents have Hungarian ancestry and 1.5% have Lebanese ancestry.
How wealthy a neighborhood is, from very wealthy, to middle income, to low income is very formative with regard to the personality and character of a neighborhood. Equally important is the rate of people, particularly children, who live below the federal poverty line. In some wealthy gated communities, the areas immediately surrounding can have high rates of childhood poverty, which indicates other social issues. NeighborhoodScout's analysis reveals both aspects of income and poverty for this neighborhood.
The neighbors in the Northwest Portland neighborhood in Portland are wealthy, making it among the 15% highest income neighborhoods in America. NeighborhoodScout's exclusive analysis reveals that this neighborhood has a higher income than 99.0% of the neighborhoods in America. In addition, 0.0% of the children seventeen and under living in this neighborhood are living below the federal poverty line, which is a lower rate of childhood poverty than is found in 100.0% of America's neighborhoods.
The old saying "you are what you eat" is true. But it is also true that you are what you do for a living. The types of occupations your neighbors have shape their character, and together as a group, their collective occupations shape the culture of a place.
In the Northwest Portland neighborhood, 78.8% of the working population is employed in executive, management, and professional occupations. The second most important occupational group in this neighborhood is sales and service jobs, from major sales accounts, to working in fast food restaurants, with 12.2% of the residents employed. Other residents here are employed in clerical, assistant, and tech support occupations (5.4%), and 3.6% in manufacturing and laborer occupations.
The languages spoken by people in this neighborhood are diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in the Northwest Portland neighborhood is English, spoken by 88.6% of households. Other important languages spoken here include Langs. of India and French.
Boston's Beacon Hill blue-blood streets, Brooklyn's Orthodox Jewish enclaves, Los Angeles' Persian neighborhoods. Each has its own culture derived primarily from the ancestries and culture of the residents who call these neighborhoods home. Likewise, each neighborhood in America has its own culture – some more unique than others – based on lifestyle, occupations, the types of households – and importantly – on the ethnicities and ancestries of the people who live in the neighborhood. Understanding where people came from, who their grandparents or great-grandparents were, can help you understand how a neighborhood is today.
In the Northwest Portland neighborhood in Portland, OR, residents most commonly identify their ethnicity or ancestry as German (19.7%). There are also a number of people of Irish ancestry (15.0%), and residents who report English roots (11.0%), and some of the residents are also of Asian ancestry (6.5%), along with some Italian ancestry residents (6.0%), among others.
How you get to work – car, bus, train or other means – and how much of your day it takes to do so is a large quality of life and financial issue. Especially with gasoline prices rising and expected to continue doing so, the length and means of one's commute can be a financial burden. Some neighborhoods are physically located so that many residents have to drive in their own car, others are set up so many walk to work, or can take a train, bus, or bike. The greatest number of commuters in Northwest Portland neighborhood spend between 15 and 30 minutes commuting one-way to work (59.9% of working residents), which is shorter than the time spent commuting to work for most Americans.
Here most residents (93.4%) drive alone in a private automobile to get to work. In a neighborhood like this, as in most of the nation, many residents find owning a car useful for getting to work.
Analytics built by: Location, Inc.
Raw data sources: National Agriculture Statistics Service, U.S. Department of Agriculture, Federal Housing Finance Agency, U.S. Department of Housing and Urban Development, U.S. Bureau of the Census, U.S. Geological Service, American Community Survey.
Methodology: NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more
Analytics built by: Location, Inc.
Raw data sources: American Community Survey, U.S. Bureau of the Census, U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Geological Service, National Agricultural Statistics Service.
Date(s) & Update Frequency: 2020 (latest available). Updated annually. Please note: Unemployment data updated February 2022.
Methodology: Unlike standardly available Census demographics, NeighborhoodScout uses dozens of custom models to transform 8.5 million raw demographic data elements from government sources into proprietary indices and insights…. Read more about Scout's Demographic Data
Analytics built by: Location, Inc.
Raw data sources: 18,000 local law enforcement agencies in the U.S.
Date(s) & Update Frequency: Reflects 2020 calendar year; released from FBI in Sept. 2021 (latest available). Updated annually. Where is 2021 data?
Methodology: Our nationwide meta-analysis overcomes the issues inherent in any crime database, including non-reporting and reporting errors. This is possible by associating the 9.4 million reported crimes in the U.S, including over 2 million geocoded point locations…. Read more about Scout's Crime Data
Analytics built by: Location, Inc.
Methodology: Only NeighborhoodScout gives you nationally comparable school ranks based on test scores, so you can directly compare the quality of schools in any location. Read more about Scout's School Data
| School Details | Grades | Quality Rating Compared to OR* | Quality Rating Compared to Nation* |
|---|---|---|---|
|
Cedar Mill Elementary School
10265 Nw Cornell Rd Portland, OR 97229 |
KG-05 | ||
|
West Tualatin View Elementary School
8800 Sw Leahy Rd Portland, OR 97225 |
KG-05 | ||
|
Cedar Park Middle School
11100 Sw Park Way Portland, OR 97225 |
06-08 | ||
|
Sunset High School
13840 Nw Cornell Rd Portland, OR 97229 |
09-12 | ||
|
West Sylvan Middle School
8111 Sw West Slope Dr Portland, OR 97225 |
06-08 | ||
|
Lincoln High School
1600 Sw Salmon St Portland, OR 97205 |
09-12 | ||
|
Forest Park Elementary School
9935 Nw Durrett St Portland, OR 97229 |
KG-05 | ||
| * 10 is highest | |||
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SEE ALL SCHOOLSAnalytics built by: Location, Inc.
Raw data sources: U.S. Department of Education, 50 state departments of education, U.S. Bureau of Labor Statistics, Dow Jones S&P, Federal Bureau of Investigation, 18,000+ local law enforcement agencies, Federal Housing Finance Agency, U.S. Bureau of the Census, American Community Survey, U.S. Department of Housing and Urban Development, U.S. Geological Service, U.S. Department of Transportation, LEHD Origin-Destination Employment Statistics, Federal Highway Administration, National Agricultural Statistics.
Methodology: Scout Vision uniquely solves for investment risk by generating Home Price Appreciation projections with unprecedented geographic granularity and predictive accuracy, for every micro-neighborhood (block group) in the U.S. Read more
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