The 10 Richest Cities In Oregon For 2023


We analyzed 76 places in Oregon to determine where the 1% live.

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Don’t let Oregon’s carefree, hippie vibe confuse you, the state has many places that are only for The Beaver State’s rich and famous.

Folks, Oregon’s wealthy did not get this way by sitting on their back sides. And since HomeSnacks thinks that people who work hard deserve to play hard and live it up in some of the wealthiest places a state has to offer, we created a list of the top ten richest places in Oregon for 2023. You know, a list of the places that cater to the one percent.

How did we determine the richest places in this Pacific Northwest paradise? We looked at the latest Census data from the American Community Survey for 77 Oregon cities with 5,000 residents. We then looked at a places median income, unemployment rate, and poverty rate and assigned each a score.

When you choose to live in one of Oregon’s richest places, you are choosing to live where it’s going to be a little more expensive. The upside, however, these places have strong economies, posh neighborhoods and homes, blue ribbon schools, and five star amenities. There’s a reason many of Oregon’s richest places are also the the state’s best. And those amenities we mentioned — well, when all of that cash starts to burn a hole in your pocket, there are coastal five star resorts like Gurney’s in Newport and great ski vacations to Mt. Bachelor in Bend ready to lighten your load.

So want to know where Oregon’s ‘other half’ lives? Keep reading.

Here are the 10 richest places in Oregon for 2023:

  1. Happy Valley
  2. Scappoose
  3. Sherwood
  4. Creswell
  5. West Linn
  6. Troutdale
  7. Lake Oswego
  8. Canby
  9. Sandy
  10. Philomath

Did we mention that crime is virtually nonexistent in Oregon’s richest places? That’s right, many of Oregon’s richest are also the state’s safest. And, folks, Oregon’s number one richest does not disappoint in the safety area either.

But, what is Oregon’s number one richest place for 2023? According to the data, that would be, Happy Valley.

Want to know where the rest of Oregon’s ‘Richie Rich’ live, take a look below. And if you don’t find what you’re looking for there, the rest are just a click away.

Rich people not your cup of tea? Feel free to check out some more reading about Oregon:

The 10 Richest Cities In Oregon For 2023

1. Happy Valley

Happy Valley, OR

Overall SnackAbility

7
/10

Population: 23,442
Rank Last Year: 1 (No Change)
Median Income: $131,980
Unemployment Rate: 2.6%
Poverty Rate: 4.0%
More on Happy Valley: Real Estate | Photos

2. Scappoose

Scappoose, OR

Overall SnackAbility

9
/10

Population: 7,871
Rank Last Year: 3 (Up 1)
Median Income: $86,528
Unemployment Rate: 1.9%
Poverty Rate: 4.0%
More on Scappoose: Real Estate | Photos

3. Sherwood

Sherwood, OR

Source: Public domain
Overall SnackAbility

7
/10

Population: 20,281
Rank Last Year: 2 (Down 1)
Median Income: $104,651
Unemployment Rate: 2.6%
Poverty Rate: 4.3%
More on Sherwood: Real Estate | Photos

4. Creswell

Creswell, OR

Overall SnackAbility

7
/10

Population: 5,625
Rank Last Year: 5 (Up 1)
Median Income: $78,974
Unemployment Rate: 1.6%
Poverty Rate: 6.0%
More on Creswell: Real Estate | Photos

5. West Linn

West Linn, OR

Overall SnackAbility

9.5
/10

Population: 27,173
Rank Last Year: 13 (Up 8)
Median Income: $124,098
Unemployment Rate: 4.6%
Poverty Rate: 4.7%
More on West Linn: Real Estate | Photos

6. Troutdale

Troutdale, OR

Overall SnackAbility

6
/10

Population: 16,353
Rank Last Year: 7 (Up 1)
Median Income: $85,131
Unemployment Rate: 3.1%
Poverty Rate: 7.9%
More on Troutdale: Real Estate | Photos

7. Lake Oswego

Lake Oswego, OR

Overall SnackAbility

10
/10

Population: 40,390
Rank Last Year: 4 (Down 3)
Median Income: $120,585
Unemployment Rate: 5.0%
Poverty Rate: 4.2%
More on Lake Oswego: Real Estate | Photos

8. Canby

Canby, OR

Source: Public domain
Overall SnackAbility

7
/10

Population: 18,078
Rank Last Year: 12 (Up 4)
Median Income: $83,948
Unemployment Rate: 2.8%
Poverty Rate: 9.2%
More on Canby: Real Estate | Photos

9. Sandy

Sandy, OR

Overall SnackAbility

6
/10

Population: 12,383
Rank Last Year: 6 (Down 3)
Median Income: $88,775
Unemployment Rate: 4.1%
Poverty Rate: 7.7%
More on Sandy: Real Estate | Photos

10. Philomath

Philomath, OR

Overall SnackAbility

9
/10

Population: 5,353
Rank Last Year: 9 (Down 1)
Median Income: $70,806
Unemployment Rate: 2.9%
Poverty Rate: 6.0%
More on Philomath: Real Estate | Photos

Methodology: How We Determined The Richest Places In Oregon For 2023

Map Of The Richest Places To Live In Oregon
The first thing that comes to most people’s minds when they think about determining the richest places is to simply identify personal incomes. After all, rich people have really high salaries.

However, we don’t believe that one statistic wholly encompasses what it means to be one of the “richest places”. So we looked at this set of criteria from the newly released 2017-2021 American Community Survey:

  • Poverty Level
  • Median Household Income
  • Unemployment Rate

Median household income is the most digestible way to understand how rich a place really is. The unemployment rate tries to capture the prospects for more people to become rich. If more people are employed, the richer the future looks.

After we collected the data for all 77 places with more than 5,000 people in Oregon, we ranked each place from 1 to 77 for each of the criteria, with 1 being the richest.

We then averaged all the rankings for a place into a “Rich Score” with the place having the lowest overall Rich Score, Happy Valley, crowned the “Richest City In Oregon For 2023”. You can download the data here.

You can learn more about the top ten below or skip to the end to see the rankings for all 77 places.

Summary: The Wealthiest Places In Oregon For 2023

Like we said earlier, when we set out to identify the richest places in Oregon, we weren’t sure what we’d encounter, but it ended up being some of the best places to live in Oregon.

When you look at the data, the cities and places mentioned above meet the criteria for being at the very top of the income ladder for everyone that lives there.

If you’re curious enough, here are the poorest cities in Oregon, according to data:

Poorest: Madras
2nd Poorest: Klamath Falls
3rd Poorest: Ontario

For more Oregon reading, check out:

Detailed List Of The Richest Cities In Oregon

Rank City RichScore Median Income
1 Happy Valley 2.0 $131,980
2 Scappoose 4.33 $86,528
3 Sherwood 4.67 $104,651
4 Creswell 8.0 $78,974
5 West Linn 11.0 $124,098
6 Troutdale 12.0 $85,131
7 Lake Oswego 13.33 $120,585
8 Canby 13.33 $83,948
9 Sandy 13.67 $88,775
10 Philomath 14.67 $70,806
11 Warrenton 15.0 $65,258
12 Newberg 15.67 $81,210
13 Tigard 16.33 $93,532
14 Oregon City 16.33 $85,193
15 Hillsboro 17.67 $91,540
16 Hood River 19.67 $69,429
17 Beaverton 20.0 $82,380
18 Tualatin 20.33 $97,931
19 Bend 23.0 $74,253
20 Forest Grove 24.0 $73,499
21 Cornelius 24.67 $72,917
22 Fairview 25.67 $65,604
23 Milwaukie 26.0 $73,351
24 Molalla 28.0 $74,718
25 Central Point 28.33 $73,534
26 Independence 29.0 $65,019
27 Wilsonville 29.33 $78,508
28 Veneta 29.67 $53,885
29 Keizer 30.33 $68,460
30 Stayton 32.0 $65,813
31 Redmond 33.67 $70,129
32 Portland 34.67 $78,476
33 Astoria 36.67 $58,709
34 Silverton 38.0 $69,612
35 St. Helens 39.33 $67,839
36 Brookings 40.0 $72,273
37 Mcminnville 40.0 $58,692
38 Eagle Point 40.33 $73,159
39 Gladstone 41.0 $83,214
40 Winston 42.0 $49,433
41 Lincoln City 42.67 $49,297
42 Ashland 43.0 $63,641
43 Junction City 44.33 $58,017
44 Albany 45.0 $65,587
45 Sutherlin 45.33 $43,750
46 Hermiston 45.33 $60,971
47 The Dalles 46.0 $56,598
48 Woodburn 47.33 $54,330
49 Dallas 47.33 $60,511
50 Medford 47.33 $57,424
51 Florence 48.67 $50,615
52 Salem 48.67 $62,185
53 Gresham 49.0 $61,826
54 Monmouth 49.67 $54,310
55 Seaside 50.0 $41,488
56 Milton-Freewater 50.67 $48,250
57 Newport 52.33 $52,897
58 Tillamook 53.0 $48,117
59 Talent 53.0 $41,337
60 Roseburg 53.67 $47,921
61 Pendleton 55.33 $58,093
62 Grants Pass 55.67 $49,355
63 Springfield 56.67 $54,503
64 Prineville 57.33 $44,167
65 North Bend 60.67 $58,200
66 Baker City 61.0 $46,721
67 Corvallis 61.33 $58,315
68 Eugene 61.67 $55,776
69 Lebanon 63.0 $48,889
70 Coos Bay 63.33 $48,233
71 Umatilla 64.67 $51,790
72 Cottage Grove 65.67 $52,994
73 Sweet Home 69.0 $47,229
74 La Grande 71.67 $44,868
75 Ontario 72.0 $42,568
76 Klamath Falls 73.67 $42,047
77 Madras 74.33 $43,722

How Is The Area In ?

Editor’s Note: Data has been updated for 2023. This is our tenth time ranking the richest cities in Oregon.

About Chris Kolmar

Chris Kolmar has been in the real estate business for almost ten years now. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks.

He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move.

If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already.

You can find out more about him on LinkedIn or his website.