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Some fun Oregon tidbits!

By
Real Estate Agent with Elevate Realty Group NW by Keller Williams 200802165

Total population for Oregon? Think you can guess? (this is based on 2006 figures)....

3,700,758!!!!! To put into perspective....the population of California (for 2006) was 36,553,215!

1,833,458 of the Oregonians were male, while 1,867,300 were female! (that's right boys....we're building our team!)

The median age was 37.6, with the majority being between the age group of 18 and over (pre-retirement)

The total housing units? 1,586,600! (that seems like a bit of potential...huh folks?)

The housing occupancy was 1,449,662, with 136,938 that were vacant!

The homeowner vacancy rate was 1.5, while the rental vacancy rate was 5.6

Some other facts that I found intriguing I thought I would share.....

There were 30,836 Structures that were built 2005 and after! (remember based on 2006 stats)

149,426 structures built between 2000-2004 and something else I saw was that there were 202,262 homes built Before 1939! (gotta love old town!)

Some stats on the housing tenure:

HOUSING TENURE

Owner-occupied

939,123

+/-9,326

Renter-occupied

510,539

+/-10,385

 

Average household size of owner-occupied unit

2.60

+/-0.02

Average household size of renter-occupied unit

2.31

+/-0.03

Here's a really interesting tidbit I saw that gives on a percentage the monthly owner costs of homeownership to their income! With and without a mortgage!

                                         

SELECTED MONTHLY OWNER COSTS AS A PERCENTAGE OF HOUSEHOLD INCOME

Housing unit with a mortgage

665,086

+/-8,771

Less than 20.0 percent

204,702

+/-5,864

20.0 to 24.9 percent

106,354

+/-4,094

25.0 to 29.9 percent

91,983

+/-4,756

30.0 to 34.9 percent

69,350

+/-3,751

35.0 percent or more

190,637

+/-6,499

Not computed

2,060

+/-725

Housing unit without a mortgage

274,037

+/-6,518

Less than 10.0 percent

108,529

+/-4,501

10.0 to 14.9 percent

55,695

+/-2,880

15.0 to 19.9 percent

32,531

+/-2,297

20.0 to 24.9 percent

21,253

+/-1,975

25.0 to 29.9 percent

13,683

+/-1,685

30.0 to 34.9 percent

9,010

+/-1,069

35.0 percent or more

29,771

+/-2,548

Not computed

3,565

+/-841

These are just a few of the vast amount of information that I found on this site: http://www.census.gov/

You can type in just about any state,city,etc, and based on the last survey completed, you can find all sorts of information! I feel it is a valuable tool for both real estate professionals, as well as buyers and sellers to learn about their own areas!

 

Sheridan Corrie
Upstage, LLC - West Linn, OR

Molly, that's interesting info, especially combined with your other post.  I read somewhere recently that Portland is positioned to rebound quite quickly, because it was not over built like other areas that are harder hit.  :)

Oct 06, 2008 08:06 AM