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CENSUS TRACT

Census Tract 40.02

Oregon · Multnomah County · 6,456 residents · 0.951 sq mi
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39.0239.0340.0341.0241.03424570.01980040.02
TRACT SHAPE · Multnomah County, OR
The short version

Census Tract 40.02 is wealthier than most US places, with a median household income of $105,000. Population has held roughly steady since 2020. 49% of adults hold a bachelor's degree or higher. Median home value is $576,300. At a median age of 22.6, residents skew younger than the country as a whole. Despite a median home value of $576,300, the poverty rate sits 64% above the US average — a pattern often seen in resort and college towns.

At a glance
Wealthier
above the US median
US median: $82,259
Younger
median age 22.6
US median: 38.9
More educated
49% hold a bachelor's degree
US average: 36%
Stable housing
home values roughly flat, inflation adjusted
US median home: $376,019
Section 01

Population & growth

Total population
6,456
−1%since 2020
from 6,524 in 2020
2020 – 2024
Population density
6,789 / sq mi
−1%since 2020
from 6,860 / sq mi in 2020
US average: 281
Median age
22.6
+2%since 2020
from 22.2 in 2020
US average: 38.9
Population, 20202024
6K6K6K7K7K20202024Census Tract 40.02
20246K
20202024
Section 02

Income & economy

Median household income
$105,000
Unchangedinflation adjusted, since 2020
from $86,600 in 2020
US average: $82,259
2020 – 2024
Per capita income
$33,891
+19%since 2020
from $28,596 in 2020
US average: $44,673
Households earning $100K+
65.5%
+5.8 ptssince 2020
from 59.7% in 2020
US average: 53.3%
Poverty rate
20.4%
+0.2 ptssince 2020
from 20.2% in 2020
US average: 12.5%
Income inequality (Gini)
0.411
+7%since 2020
from 0.385 in 2020
US average: 0.476
Workforce by industry, 2024
Retail trade9.2%
US avg: 9.9%
Information7.5%
US avg: 10.8%
Other services4.7%
US avg: 6.7%
Finance & insurance3.8%
US avg: 5.9%
Professional, scientific, technical3.1%
US avg: 5.1%
Arts, entertainment, food2.6%
US avg: 1.9%
Public administration2.2%
US avg: 4.8%
Wholesale trade1.3%
US avg: 6.9%
Transportation & warehousing1.3%
US avg: 2.2%
Agriculture, forestry, fishing1%
US avg: 1.6%
Construction1%
US avg: 1.2%
Education & health services0.6%
US avg: 0.9%
Manufacturing0%
US avg: 0.4%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$576,300
+2%inflation adjusted, since 2020
from $467,600 in 2020
US average: $376,019
2020 – 2024
Median gross rent
$2,022
−6%inflation adjusted, since 2020
from $1,778 in 2020
US average: $1,442
Owner-occupied
68.9%
+1.3 ptssince 2020
from 67.7% in 2020
31.1% rent
Vacancy rate
8.2%
+0.3 ptssince 2020
from 7.9% in 2020
US average: 10.0%
Owner cost-burdened
28.3%
+9.3 ptssince 2020
from 19.0% in 2020
US average: 22.9%
Renter cost-burdened
52.6%
+5.0 ptssince 2020
from 47.7% in 2020
US average: 47.4%
Afford Score
5.5
+2%since 2020
from 5.4 in 2020
2020 – 2024
RELATED:See current rent listings in Census Tract 40.02 on RentDataNow
Section 04

Race & ethnicity

2020
White, non-Hispanic67.6%(4,411)
Black4.2%(273)
Hispanic / Latino9.6%(624)
Asian11.2%(732)
Other7.4%(484)
Diversity Score64.2%(4,191)
2024
White, non-Hispanic57%(3,682)
Black5.2%(338)
Hispanic / Latino11.6%(750)
Asian12.9%(836)
Other13.2%(850)
Diversity Score78%(5,039)
Diversity Score
78
+22%since 2020
from 64 in 2020
2020 – 2024
Section 05

Education

Bachelor's degree or higher
49.2%
−10.6 ptssince 2020
from 59.8% in 2020
US average: 35.6%
High school or higher
95.9%
−2.5 ptssince 2020
from 98.4% in 2020
US average: 89.6%
Graduate degree
21.0%
−6.5 ptssince 2020
from 27.5% in 2020
US average: 14.0%
Section 06

Commute & transportation

Average commute
21.1 min
−3%since 2020
from 21.8 min in 2020
US average: 26.5
Drive alone to work
44.6%
−8.3 ptssince 2020
from 52.9% in 2020
US average: 68.9%
Carpooled to work
6.3%
−0.6 ptssince 2020
from 7.0% in 2020
US average: 8.5%
Public transit
3.1%
+0.1 ptssince 2020
from 3.0% in 2020
US average: 3.2%
Worked from home
23.4%
+11.5 ptssince 2020
from 11.9% in 2020
US average: 15.0%
Walked to work
17.8%
−1.5 ptssince 2020
from 19.3% in 2020
US average: 2.4%
Biked to work
3.7%
−1.7 ptssince 2020
from 5.4% in 2020
US average: 0.4%
No vehicle available
11.2%
+3.4 ptssince 2020
from 7.8% in 2020
US average: 8.3%
Section 07

Work & employment

Unemployment rate
7.1%
−1.3 ptssince 2020
from 8.4% in 2020
US average: 5.2%
Labor force participation
59.7%
−0.2 ptssince 2020
from 60.0% in 2020
US average: 63.5%
Self-employed
16.0%
−1.7 ptssince 2020
from 17.8% in 2020
US average: 13.1%
Management & professional
54.4%
+3.9 ptssince 2020
from 50.5% in 2020
US average: 42.5%
Section 08

People & community

Male
43.7%
−3.4 ptssince 2020
from 47.1% in 2020
Female
56.3%
+3.4 ptssince 2020
from 52.9% in 2020
Foreign born
4.8%
−2.0 ptssince 2020
from 6.8% in 2020
US average: 14.1%
Veterans
2.0%
+0.2 ptssince 2020
from 1.8% in 2020
US average: 6.2%
With a disability
13.2%
+4.2 ptssince 2020
from 9.0% in 2020
US average: 13.3%
Uninsured
3.6%
+2.4 ptssince 2020
from 1.2% in 2020
US average: 8.4%
Broadband at home
93.7%
−3.0 ptssince 2020
from 96.7% in 2020
US average: 91.0%
English only at home
89.2%
+2.3 ptssince 2020
from 86.9% in 2020
US average: 77.7%
Spanish at home
4.1%
+0.7 ptssince 2020
from 3.4% in 2020
US average: 13.6%
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Frequently asked

How many people live in this census tract?

this census tract has about 6,456 residents according to the 2024 American Community Survey.

What is the median household income in this census tract?

The typical household in this census tract earns about $105,000 a year. Half of households make more than that, and half make less.

Is this census tract expensive?

In this census tract, the median home is worth about $576,300, and the typical rent is about $2,022 a month.

How educated are people in this census tract?

About 49.2% of adults age 25 and over in this census tract hold a bachelor's degree or higher.

What is the poverty rate in this census tract?

About 20.4% of people in this census tract live below the federal poverty line.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

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