Happy Valley is a somewhat small city located in the state of Oregon. With a population of 22,553 people and six constituent neighborhoods, Happy Valley is the 38th largest community in Oregon. Much of the housing stock in Happy Valley was built relatively recently. The construction of new real estate can often be taken as an indication that the local Happy Valley economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Happy Valley, where the median household income is $125,676.00.
Happy Valley home prices are not only among the most expensive in Oregon, but Happy Valley real estate also consistently ranks among the most expensive in America.
Happy Valley is a decidedly white-collar city, with fully 87.05% of the workforce employed in white-collar jobs, well above the national average. Overall, Happy Valley is a city of professionals, managers, and sales and office workers. There are especially a lot of people living in Happy Valley who work in management occupations (15.82%), healthcare (12.75%), and sales jobs (11.16%).
Also of interest is that Happy Valley has more people living here who work in computers and math than 95% of the places in the US.
A relatively large number of people in Happy Valley telecommute to their jobs. Overall, about 9.89% of the workforce works from home. While this may seem like a small number, as a fraction of the total workforce it ranks among the highest in the country. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Happy Valley is a very good place for families to consider. With an enviable combination of good schools, low crime, college-educated neighbors who tend to support education because of their own experiences, and a high rate of home ownership in predominantly single-family properties, Happy Valley really has some of the features that families look for when choosing a good community to raise children. Is Happy Valley perfect? Of course not, and if you like frenetic nightlife, it will be far from your cup of tea. But overall this is a solid community, with many things to recommend it as a family-friendly place to live.
If knowledge is power, Happy Valley is a pretty powerful place. 54.69% of the adults in Happy Valley have earned a 4-year college degree, masters degree, MD, law degree, or even PhD. Compare that to the national average of 21.84% for all cities and towns.
The per capita income in Happy Valley in 2018 was $53,017, which is wealthy relative to Oregon and the nation. This equates to an annual income of $212,068 for a family of four.
Happy Valley is a very ethnically-diverse city. The people who call Happy Valley home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Happy Valley residents report their race to be White, followed by Asian. Important ancestries of people in Happy Valley include German, English, Irish, Italian, and Norwegian.
Foreign born people are also an important part of Happy Valley's cultural character, accounting for 16.03% of the city’s population.
The most common language spoken in Happy Valley is English. Other important languages spoken here include Chinese and Vietnamese.