Cost of Living in Happy Valley, OR
Population 26,738 · Census ACS 2020–2024 5-year estimates
The median rent in Happy Valley, OR is $2,029/month, 33% higher than the Oregon median and 44% higher than the U.S. median. The median home value is $725,300, 118% higher than the national median. Households earn a median of $122,151 a year, 47% higher than the state median.
Affordability
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Happy Valley vs. Oregon vs. U.S.
| Happy Valley | Oregon | U.S. | |
|---|---|---|---|
| Median rent | $2,029 | $1,525 | $1,413 |
| Median home value | $725,300 | $477,600 | $332,700 |
| Median household income | $122,151 | $83,011 | $80,734 |
| Homeownership rate | 78.9% | 63.3% | 65.2% |
| Bachelor's degree or higher | 46.4% | 36.8% | 35.7% |
| Poverty rate | 7.7% | 11.9% | 12.5% |
| Unemployment rate | 4.8% | 5.4% | 5.2% |
| Work from home | 23.9% | 19.0% | 15.1% |
| Median age | 39.0 | 40.4 | 38.9 |
FAQ
What is the average rent in Happy Valley, OR?
The median gross rent in Happy Valley, OR is $2,029 per month (ACS 2020–2024 5-year estimate).
How much do I need to earn to live in Happy Valley, OR?
Using the common 30% rule, renting a median-priced home takes about $81,160 a year in gross income.
Is Happy Valley, OR expensive to live in?
Rent there is 44% higher than the U.S. median, and the median home costs about 5.9 times the median household income.
Other cities in Oregon
Cities with a similar cost of living
Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
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