According to statistics, the population in Hillsboro, OR amounts to 102,396, which shows growth 2% compared to the previous year. The median age of the city’s residents is 34. The average household income is $75,599, shifting growth 8% from the past year, and the average property value in Hillsboro, OR growth 10% to $282,300 throughout the year.
Population | 102,396 |
Median Age | 34 |
Poverty Rate | 11% |
Household Income | $75,599 |
Number Of Employees | 53,875 |
Median Property Value | $282,300 |
The average household income in Hillsboro, OR grew from $70,180 to $75,599 in the past year. This data is an estimate based upon 37,424 households in Hillsboro, OR . The chart below presents how household income is distributed in Hillsboro, OR in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Hillsboro, OR shifted from $255,700 to $282,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Hillsboro, OR in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Hillsboro, OR properties falls in the '$300,000 to $399,999' range, which is higher than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Hillsboro, OR compared to median property taxes around the country. The prevalent amount of property taxes in Hillsboro, OR equals $3000, which is less than the national average.
Apartment Size | Jul | vs Last Month |
---|---|---|
Studio for sale | $599,000 | -25% |
1 bed for sale | $285,000 | +42.5% |
2 bed for sale | $428,835 | -10.4% |
3 bed for sale | $526,928 | -2.7% |
4+ bed for sale | $715,349 | -6.1% |
During Jul 2022, the average price for an apartment in/near Hillsboro, OR decreased by 7.7% to $581,446.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 42.5% to $285,000. Asking price for 2-bed apartment also decreased by 10.4% and a place of this size will now cost you $428,835. A 3-bed apartment goes for $526,928, it decreased by 2.7% lately. We discerned the rise of 4- and more bed apartment pricing. It decreased by 6.1% and made it down to $715,349.
Listing Type | Jul | vs Last Month |
---|---|---|
Townhouses for sale | $449,386 | -4.5% |
Houses for sale | $643,149 | -5.5% |
Condos for sale | $383,272 | -5.4% |
Other for sale | $487,450 | +1.6% |
Land for sale | $341,200 | -62% |
Price reports demonstrate that house price decreased by 5.5% this month making it up to $643,149. Condos faced an upward trend these days. The median price for a condo decreased by 5.4%, it’s now available for $383,272. The property value of townhouses decreased by 4.5%, you’ll have to spend around $449,386 to get one.