6 / 100

Washington County, OR

RANK #937 / 996  ·  POP 599,541  ·  OR

PROJECTED GROWTH: -2.4%

Washington County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Washington County?

Washington County, Oregon, distinguishes itself with the Tualatin Valley, a fertile area framed by the Tualatin Mountains to the east and north, the Chehalem Mountains to the south, and the Northern Oregon Coast Range to the west. Hillsboro, the county seat and largest city, is located approximately 20 miles west of Portland, offering a suburban feel with urban amenities. The Tualatin River flows through the county, providing opportunities for recreation and contributing to the area's natural beauty. Outdoor enthusiasts can explore Henry Hagg Lake for fishing, boating, and biking trails, or visit the Jackson Bottom Wetlands Preserve for walking and wildlife viewing. Public transportation, including buses, MAX Light Rail, and WES Commuter Rail, connects residents throughout the county and to the wider Portland metropolitan area.

Life in Washington County offers a blend of suburban living and access to nature, appealing to families and professionals. The public schools in the county are rated above average, with several districts consistently recognized for their performance. The local economy is significantly influenced by the "Silicon Forest," a concentration of technology companies. While the county has seen job growth, particularly in computer and electronic product manufacturing, administrative services, and food services, there has been a recent leveling off in overall employment growth. The county actively supports economic development through programs focused on business growth and workforce development, often in collaboration with local partners.

[02] Market Snapshot

Housing Ratio
5.7x

Above national median (4.7x)

GDP Growth
+1.2%

Well below national median

Home Prices
-2.9%

Prices declining

Climate & Terrain
2.6

Moderate climate & terrain

Price/Rent
23x

Prices detached from rents

Housing is fairly valued at 5.7x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Washington County U.S. National

The Numbers

DEMOGRAPHICS
Population
599,541
+0.43% YoY
Median Household Income
$100,121
Median Home Value
$504,300
-2.87% 12mo
Median Rent
$1,695
Average Annual Pay
$90,292
+3.6% YoY
Employment
308,680
-0.1% YoY
Income-to-Home-Value
0.1985
Near national average
Migration Inflow
3.1%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$574,900
Days on Market
62
Slower market
Months of Supply
3.1
Balanced market
Sale-to-List Ratio
99.3%
Near asking price
Sold Above List
22.7%
Listings w/ Price Drops
29.6%
Building Permits (2024)
2,273
Single-Family Permits
2,024

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,306M
TOTAL
PROJECT AMOUNT STATUS
Big Meeks Energy Storage
Undisclosed (BlackRock company Jupiter Power is involved in Blackberry Grove, another Washington County BESS project)
$500M Proposed
Crane Data Centers Campus (Forest Grove)
Crane Data Centers
$500M Under Construction
Blackberry Grove Energy Storage Facility
Jupiter Power (a BlackRock company)
$100M Planned
Nottingham Storage Project (Battery Energy Storage System)
BrightNight (under contract with Portland General Electric)
$86M Planned
Meadowlark BESS (Battery Energy Storage System)
Copenhagen Infrastructure Partners, LLC
$80M Planned
Affordable Housing and Permanent Supportive Housing Initiatives
Washington County Department of Housing Services & partners
$40M Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +1.2% 20 percentile
Population Growth +0.4% 49 percentile
Income Growth +8.8% 58 percentile
Vacancy Rate 0.9% 69 percentile
Home Price Change -2.9% 10 percentile
Rent Growth -0.6% 7 percentile
Price/Rent 23x 3 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Washington County, OR a good place to move to?

Washington County has a Boom Town Index score of 6/100, ranking #937 among 996 U.S. counties. With job growth at -0.1% and a median household income of $100,121, it faces some economic headwinds compared to faster-growing counties.

Is Washington County affordable?

The median home value in Washington County is $504,300 with median rent at $1,695/month. The income-to-home-value ratio is 0.1985, which is less affordable than the national average.

Is Washington County growing or shrinking?

Population growth: +0.4% year-over-year. Job growth: -0.1%. Home values changed -2.9% in the past 12 months.

Are people moving to Washington County?

Yes — 3.1% of Washington County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

San Diego County, CA 16 Montgomery County, TN 16 Alameda County, CA 16 Lyon County, NV 16 Coryell County, TX 16 Lake County, FL 16 Josephine County, OR 16 Hunt County, TX 16