Foreclosure Homes for Sale in Portland, OR: Everything You Need to Know
Portland has a population of 654,741 and is 133.43 square miles, making the population density 4,375.2 people per square mile. The most recent Census shows the population consisting of 77.1% Whites, 5.8% Blacks, 8.1% Asians, and 9.7% Hispanics, amongst other races. About 28,800 residents are veterans, and 12.3% of the population is over the age of 65.
The average value of a home is $383,600, with an average monthly mortgage of $1,910. 53% of residents own their homes while 47% choose to rent. The average household size is 2.36, with an income of $65,740 per household. The income per capita is $38,674.
The Portland Public Schools (PPS) system includes 140 schools, 3,722 teachers, and 46,624 students. The GreatSchools Summary Ratings provides ratings for PPS based on an average of Test Scores, Student Progress, Academic Progress, College Readiness, and Equity ratings. Schools that earned a 10/10 rating include Ridgewood Elementary School and West Sylvan Middle School. Grant High School and Lincoln High School both scored a 9/10 rating. There are also 528 private schools throughout the city.
Oregon State University, a public 4-year college, is located 90 minutes south of Portland and is ranked #139 in National Universities. Reed College is a small liberal arts institution in Portland that offers both bachelor’s and master’s degree programs. The University of Oregon is a public university located in Eugene, OR, about a two-hour drive from Portland. It has been ranked #104 in the 2020 edition of Best Colleges and National Universities.
The Local History
Known as "Stump Town" due to the large number of trees in the area, Portland is a combination of nature and city living. This town was established after its discovery by the Lewis and Clark expedition. Travelers from the Oregon Trail quickly inhabited the region. In the 19th Century, the city became a popular and accessible port.
In the 1940s, a Waterfront was developed, causing an economic boom. The population grew during this time, and many wealthy investors began to invest in the city’s infrastructure. In the 1990s, a cultural industry began to emerge, attracting artists and creative mindsets.
Today, Portland is a haven for young and up-coming artists, foodies, and musicians with a “Keep It Weird” philosophy.
Things to Do in Portland
The abundant rain in Portland helps nourish the many impressive gardens around the city, which happen to be one of the city's most popular attractions. To see beautiful plant life, visit the Portland Japanese Garden or the International Rose Test Garden. For a walk in the park or a hike in the woods, make your way to Forest Park or the Columbia River Gorge National Scenic Area.
The Oregon Museum of Science and Industry includes a planetarium, a theatre, a US Navy submarine, and many hands-on/interactive displays for people of all ages.
Powell's City of Books is a legendary bookstore that carries over 1 million books. Events happening in the bookstore include author readings, writing workshops, and panel discussions. Many book clubs also gather here to share reading experiences.