THU, MAY 17, 2012
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Profile & Demographics: Area Economic Profile

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2010 Area Economic Profile


 

Forest Grove

Wash County

Metro Region

Oregon

Population

2010 Census

21,083

527,140

2,217,325

3,823,465

% population growth 00-09

21.4%

18.4%

15.01%

11.8%

% population growth 1990-08

58.5%

66.8%

39.2%

31.8%

Population projection 2030

31,561

673,425

3,015,000

4,654,230

Median age 2000

31.3

33

34.9

36.3

Area size

(square miles)

4.99

727 sq mi.

397 –UGB

5,102-6 counties

96,002 sq. mi.

Labor Force

2009 Annual

9,600

288,884

1,175,710

1,963,567

Labor Force

10 mi radius

85,000

288,884

--

--

Unemployment Rate Feb 2010 Season adj

10.5%††

8.5%

10.3 %

10.5%

Unemployment Rate

2009 annual

9.3%††

9.3%

10.6%

11.1%

Jobs in Community 2000

--

224,016

--

1,606,600

Jobs in Community 2009

9,092

232,600

972,400

1,612,000

% jobs manufact. 2008

24.1%

18%

11.9%

11.3%

Jobs

Projection 2012

--

--

--

--

% Job Growth

08-09

-7.6%#

-6.6%

-6.2%

-6%

% Job Growth

1990-2001

--

--

--

27.2%

Per Capita Income 2008

n/a

$40,188

$39,942

$36,365

Median HH Income 2000

$40,135

$52,122

$47,077

$40,916

Median HH Income 1990

$24,162

$40,135

$32,425

$27,250

% Median HH Income growth 1990-2000

66%

47%

49%

50%

Median Family Income 2000

$47,733

$61,499

$55,669

$48,680

Median wage earnings 2000

Full Time

Male $36,139

Female $25,703

Male $43,304

Female $31,704

Male $40,214

Female $30,394

Male $35,588

Female $26,980

Average Wage

Annual 2008

$34,100††

$51,134

$46,023

$40,488

Avg.manufacturing Wage Annual 08

$44,600††

$79,650

$62,084

$53,236

Avg. Wage increase

2007-2008

n/a

2.2%

2.0%

2.3%

Poverty Rate

2000

14.3%

7.4%

9.5%

11.6%

% High School Diploma 2000

77.6

88.9

87.1

85.1

% 4-yr College degree 2000

21.2

34.5

30.3

25.1

Inflation Rate

08-09

0.1%

0.1%

0.1%

--

Housing Units

2000

6,702

178,913

793,837

1,452,709

% housing units

owner-occup.

2000

54.9%

60.6%

63%

64.3%

% housing units

rented

2000

45.1%

39.4%

37%

35.7%

Median Home Sales Price

2009

$257,000#

--

$247,000

--

Average home

Sales Price

2009

$243,200#

--

$289,900

--

08-09 avg. depreciation

-12.3%#

--

-12.2%

--

Median Home

Sales Price Feb 10

$213,000#

--

$235,000

--

12 mo median price change

--

--

-9.2%

--

Average Home

Sales Price Feb 10

$251.300#

--

$273,100

--

12 mo avg price change

-10.9%#

--

-8.5%

--

Median Condo/TH

Price 2008

$180,000

--

--

--

Median Rental cost

2000

$614

$720

$670

$620

Notes: Metro Region is PMSA , except where indicated.
† Data from Oregon Department of Employment/OLMIS Sept. 2005/mrch
2006. †† Estimated. # Hillsboro/Forest Grove sub-region.