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Happy Valley, Oregon Demographics & Population 2026

During the 2020–2024 ACS period, Happy Valley, Oregon had a total population of 26,738, the 25th largest city in Oregon, with a median household income of $122,151, which is 47% higher than the state average. The poverty rate is 7.7%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Happy Valley Quick Facts

Population 26,738
Median Household Income $122,151
Median Home Value $725,300
Poverty Rate 7.7%
Unemployment Rate 4.8%
Median Age 39.0 years
Homeownership Rate 78.9%
Affordability Ratio 5.9x
Bachelor's Degree or Higher 46.4%
High School Graduation Rate 95.0%
Diversity Index 57/100
Population 26,738 25th of 420
Median Income $122,151 top 10%
Poverty Rate 7.7% 38% lower than national
Median Home Value $725,300 top 10%

How Happy Valley Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population25,57226,738+4.6%
Median household income$120,324$122,151+1.5%
Median home value$671,800$725,300+8.0%

How Happy Valley Compares

Economy & Housing

Household Income Distribution

Under $25K 6.0%
$25K-$50K 8.7%
$50K-$100K 26.2%
$100K+ 59.1%
Detailed income brackets
Under $10K
3.4%
$10K-$15K
1.0%
$15K-$20K
1.0%
$20K-$25K
0.7%
$25K-$30K
0.7%
$30K-$35K
2.2%
$35K-$40K
2.6%
$40K-$45K
1.9%
$45K-$50K
1.3%
$50K-$60K
5.2%
$60K-$75K
9.6%
$75K-$100K
11.4%
$100K-$125K
9.8%
$125K-$150K
8.3%
$150K-$200K
13.3%
$200K+
27.6%

Employment

4.8% Unemployment Rate State: 5.4%|National: 5.2%
69.1% Labor Force Participation

Housing Overview

Owner 78.9%
Renter 21.1%
Affordability Index Expensive
5.9x home value to income ratio
Median gross rent $2,029/mo 19.9% of median household income annually

People & Demographics

Diversity Index

57out of 100
High Diversity

A diverse community with significant representation from multiple racial and ethnic groups.

State average: 46 | National average: 61

Education

Happy Valley Rankings in Oregon

#25 Population of 420
#25 Median Income of 379
#59 Education of 420
#26 Home Value of 381

Other Cities in Clackamas County

CityPopulationMedian IncomePovertyHome Value
Oregon City 37,755 $97,829 6.8% $555,800
West Linn 26,935 $146,507 5.5% $770,200
Canby 18,134 $100,989 8.0% $528,500
Oak Grove 16,796 $86,226 8.4% $515,700
Oatfield 13,294 $103,224 9.8% $569,000
Sandy 12,854 $108,984 7.8% $470,300
Gladstone 11,977 $91,250 13.6% $480,700
Damascus 11,437 $122,500 3.2% $653,100
Molalla 10,186 $89,318 4.3% $447,100
Jennings Lodge 7,971 $71,054 11.5% $462,100

Cities Similar to Happy Valley

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
West Linn26,935$146,507$770,20062.0%5.5%
Tualatin27,763$104,043$628,20046.5%10.0%
Wilsonville26,974$96,236$615,30044.3%8.8%
Newberg26,066$93,232$472,10034.2%7.1%
Forest Grove26,529$87,933$479,60031.8%15.4%

Population Overview

Happy Valley is a mid-sized community located in Oregon, within Clackamas County. The total population is 26,738. It ranks as the 25th most populous out of 420 Census-designated places in Oregon.

Age Demographics

The median age in Happy Valley is 39.0 years. This is 3% lower than the state median of 40.4 years.

Economy, Income & Housing

The median household income in Happy Valley is $122,151. This is 47% higher than the state median of $83,011. It is also 51% higher than the national median of $80,734. The poverty rate stands at 7.7%. This is 36% lower than the state poverty rate of 11.9%. The unemployment rate is 4.8%. This is 10% lower than the state rate of 5.4%. The median home value is $725,300. Housing costs are 52% higher than the state median of $477,600. The home-value-to-income ratio is 5.9x. 78.9% of occupied housing units are owner-occupied. This homeownership rate is 25% higher than the state average of 63.3%.

Race & Ethnicity

The largest racial or ethnic group in Happy Valley is White (non-Hispanic), making up 62.7% of the population. Asian residents account for 16.1%. The Asian population is significantly higher than the state average (16.1% vs 4.4%).

Education

46.4% of residents aged 25 and older hold a bachelor's degree or higher. This is 26% higher than the state rate of 36.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.0%. Notably, 17.4% of adults hold a graduate or professional degree, indicating a highly educated workforce.

Data Sources & Methodology

All demographic data for Happy Valley, Oregon is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Oregon state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 420 Census-designated places in Oregon. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

Free data download: Get all Oregon city and county demographics as CSV. Download Cities CSV | Download Counties CSV

Frequently Asked Questions

What is the population of Happy Valley, Oregon?

Happy Valley, Oregon has a population of 26,738 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Happy Valley, OR?

The median household income in Happy Valley is $122,151, which is 51% higher than the national median of $80,734.

What is the poverty rate in Happy Valley, OR?

The poverty rate in Happy Valley is 7.7%. This means approximately 2,054 residents live below the federal poverty line.

What is the racial makeup of Happy Valley, Oregon?

Happy Valley's population is 62.7% White, 2.3% Black, 8.6% Hispanic/Latino, and 16.1% Asian.

What is the median home value in Happy Valley, OR?

The median home value in Happy Valley is $725,300. The home-value-to-income ratio is 5.9x.

How educated is Happy Valley, Oregon?

46.4% of adults (25+) in Happy Valley hold a bachelor's degree or higher, and 17.4% hold a graduate or professional degree.