Neighborhood Profile

Evergreen

Lake Oswego, OR | Clackamas County
Scored premium profile
Best Neighborhoods USA Index
55.7
National rank: #5,498 of 14,967
Stability and Strength
53.9
Score
Value Opportunity
42.8
Score
Momentum
76.6
Score
Score note: Rankings show denominators so users always see the size of the eligible cohort.
ContextValue
LocationLake Oswego, OR
CountyClackamas County
National rank#5,498 of 14,967
State rank#92 of 254
City rank#24 of 27
County rank#32 of 51
National percentile63.3
National bandMIDDLE_50_PERCENT
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Housing and local fundamentals

Housing and market metricsValue
Current Zillow home value$1,366,931
Year-over-year home value change3.5%
Month-over-month home value change0.35%
Home value to income ratio10.25
Median household income$133,356
Bachelor's degree or higher79.5%
Civilian unemployment rate17.2%
Homeownership rate42.6%
Housing vacancy rate8.0%
Rent burden 30% or higher55.1%

How to read this profile

  • Ranks are always shown with denominators.
  • Momentum reflects both year-over-year and month-over-month housing change.
  • Stability and Strength and Value Opportunity are governed composite scores.
  • Identity composition is descriptive intelligence and is not a scoring component.
Questions and Answers

Questions About Living in Evergreen

What is the Best Neighborhoods USA ranking for Evergreen?

Evergreen is ranked #24 of 27 eligible neighborhoods in Lake Oswego; #92 of 254 eligible neighborhoods in OR; and #5,498 of 14,967 eligible neighborhoods in the United States.

Is Evergreen one of the best neighborhoods in Lake Oswego?

Evergreen has a Best Neighborhoods USA Index of 55.7 and a city ranking of #24 of 27 eligible neighborhoods in Lake Oswego.

How much are homes worth in Evergreen?

The current Zillow Home Value Index for Evergreen is approximately $1,366,931.

Are home values rising or falling in Evergreen?

Zillow neighborhood values changed 3.5% year over year and 0.35% month over month.

What is the Neighborhood Momentum Score for Evergreen?

Evergreen has a Neighborhood Momentum Score of 76.6. Momentum is 70% year-over-year and 30% month-over-month Zillow housing change.

What is the median household income in Evergreen?

The NDS-derived neighborhood median household income is approximately $133,356.

How affordable is Evergreen relative to household income?

The current Zillow home-value-to-household-income ratio is 10.25. Price-to-income affordability is a major Value Opportunity input.

Is Evergreen primarily homeowners or renters?

The NDS-derived homeownership rate is approximately 42.6%.

What is the unemployment rate in Evergreen?

The NDS-derived civilian unemployment rate is approximately 17.2%.

How educated are residents of Evergreen?

Approximately 79.5% of residents age 25 and older are estimated to have a bachelor's degree or higher.

What share of renters in Evergreen face high rent burden?

Approximately 55.1% of the applicable renter-household universe is estimated to spend 30% or more of household income on gross rent.

How does Best Neighborhoods USA score Evergreen?

The overall index combines 40% Stability and Strength, 35% Value Opportunity, and 25% Momentum. Race, ethnicity, and identity composition are not scoring components.

Governed ranking context

How this neighborhood ranks

HMDA Mortgage Intelligence

Neighborhood Mortgage Market

FULL_OR_NEAR_FULL

Modeled neighborhood-level mortgage activity allocated from governed HMDA tract data using Zillow neighborhood geometry. These neighborhood values are nonadditive and do not enter the Best Neighborhoods USA Index.

Activity year2024
Estimated applications13
Estimated originations7
Home-purchase applications6
Origination rate57.9%
Home-purchase share44.7%
Average application loan$818,421
Total application loan amount$10,556,372
National application rank#11,889 of 14,874 rankable neighborhoods
Geometry coverage100.0%
Recent trend: Applications -0.9% YoY; originations -1.5% YoY
Mortgage methodology

HMDA is natively reported at tract and other lender-reporting geographies, not Zillow neighborhood or ZIP geography. This module uses the certified NDS HMDA-to-Zillow tract-vintage crosswalk and area-weighted allocation. Rankings require governed geometry coverage. Applicant demographics are excluded. Neighborhood values may overlap and must not be summed to reconstruct ZIP or national totals.