Clackamas County · Oregon · West · 27k residents
Happy Valley, OR: economy, jobs & business costs
The site-selection read on Happy Valley: labor costs, talent, corporate tax, energy, and business activity, with the Oregon median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,409/wk. Oregon's corporate income tax rate is 7.6%. Commercial electricity averages 10.1¢/kWh.
Compare Happy Valley side by side
Avg. weekly wage
$1,409/wk
Corporate income tax
7.6%
Bachelor's degree or higher
46.4%
Commercial electricity
10.1¢/kWh
Economic momentum
How fast Happy Valley's economy is moving, ranked against the US cities we track.
63/100
Steady
Ranks Happy Valley's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $725,300 |
| Price per sq. ft. | $300 |
| Property tax rate | 0.93% |
| 1-bedroom rent | $1,761/mo |
| 2-bedroom rent | $2,112/mo |
| State & local income tax | 7.48% |
| Sales tax | 0% |
| Corporate income tax | 7.6% |
| Avg. weekly wage | $1,409/wk |
| Bachelor's degree or higher | 46.4% |
| Commercial electricity | 10.1¢/kWh |
| Businesses per 1k residents | 39.4/1k |
| Wage: Software developer | $156,000 |
| Wage: Registered nurse | $130,310 |
| Wage: General manager | $121,050 |
| Wage: Customer service | $48,650 |
| Wage: Warehouse worker | $44,440 |
| Wage: Heavy truck driver | $63,800 |
| Wage: Electrician | $105,090 |
| Wage: Retail salesperson | $37,340 |
| Cost of living index | 133 |
| Groceries index | 105 |
| Utilities | $165/mo |
| Transit pass | $100/mo |
| Gas price | $3.85/gal |
| Healthcare index | 104 |
| Childcare (per child) | $1,350/mo |
| Median household income | $122,151 |
| Unemployment rate | 4.2% |
| Population | 27k |
| Crime index | 50/100 |
| School rating | 5.5/10 |
| Walkability | 30/100 |
| Disaster risk | 95/100 |
| Avg. commute | 24 min |
| Sunny days / year | 160 days |
| July high | 84°F |
| January low | 37°F |
| Annual snowfall | — |
| Home price YoY | -1.2% |
| Home price MoM | -0.4% |
| Rent YoY | +0.5% |
| Rent MoM | -0.5% |
| Employment (jobs) YoY | 0.0% |
| Building permits YoY | +112.1% |
| Ocean coast | 76 mi |
| Big lake | 312 mi |
| Mountains | 41 mi |
| Major airport | 11 mi |
| Ski resort | 41 mi |
Popular comparisons
Nearby
- Milwaukie, OR · 21k
- Oak Grove, OR · 17k
- Gresham, OR · 112k
- Oregon City, OR · 38k
- Lake Oswego, OR · 40k
Similar size
- West Linn, OR · 27k
- Forest Grove, OR · 27k
- Wilsonville, OR · 27k
- Newberg, OR · 26k
- Tualatin, OR · 28k
Real listings in Happy Valley
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Happy Valley a good place to run a business?
- Oregon's corporate income tax rate is 7.6%; average weekly wages in the surrounding labor market run $1,409/wk; commercial electricity averages 10.1¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Happy Valley, OR?
- Happy Valley indexes at 133 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $2,112/mo and a acs median home value of $725,300.
- How much does a house cost in Happy Valley?
- The acs median home value in Happy Valley is $725,300 (Census ACS estimate; individual listings vary).
- How much is rent in Happy Valley?
- A two-bedroom in Happy Valley rents for about $2,112/mo.