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EconPulse

Local economy signal dashboard

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PLACEStable

Oak Grove, OR

Stable overall. Federal Funds is the clearest support signal, while population needs the most attention. Housing reads as affordable for a median-income household.

Post on XLinkedIn
Overall score58out of 100
Compare
75
46
17
66
100

Population

16,796

Data freshness

Unknown

GDP / Output

+5.1% YoY

75

$30.4B

Output changed +5.1% in 2024.

Vintage date unknown

State growth4.9%
U.S. growth5.3%

Jobs

Unemployment rate

46

5.0%

Unemployment is 5.0% for July 2026.

Vintage date unknown

State avg5.2%
U.S. avg4.1%

Population

-5.5% 5-year

17

16,796

Population moved -5.5% over the latest ACS window.

Vintage date unknown

State population4,254,293
U.S. population334,922,499

Housing

Rent share of income

66

24.3%

Median rent consumes 24.3% of median household income: Affordable.

Vintage date unknown

State rent$1.5K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$10.4K per resident

100

$4.4B

$4.4B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$57.2B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$4.4B

$10.4K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$2.4B
2. Department of Health and Human Services$1.2B
3. Department of Veterans Affairs$210.1M

Top recipients

Dollars
1. OREGON DEPARTMENT OF TRANSPORTATION$123.5M
2. NEW PACIFIC NORTHWEST GENERATING COOPERATIVE$79.0M
3. VIGOR WORKS LLC$74.2M

Affordable

Housing Affordability

24.3%

of median income

1BR estimate$1,430
2BR estimate$1,884
Median income$86,226
Median home value$515,700

ACS context

Quick Facts

Population

16,796

Median age

44.7

Bachelor's degree+

43.6%

Poverty rate

8.4%

Labor force participation

61.7%

Prime rate

6.8%

CPI YoY

+3.0%

U.S. GDP YoY

+6.6%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

July 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-09-15

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

-1.1%

GDP CAGR

+6.4%

Federal flow

5 years

Population (5 years)
202017,781
202117,382
202217,535
202317,408
202416,796
GDP (5 years)
2020$22.3B
2021$24.7B
2022$27.2B
2023$28.9B
2024$30.4B

2-year linear forecast

Predictive Outlook

Population forecast

202416,796
202516,797 *
202616,603 *

R² = 71.8% · * projected

GDP forecast

2024$30.4B
2025$32.9B *
2026$34.9B *

R² = 98.8% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$86,226/yr
Median rent$1,744/mo
Rent share of income24.3%
Est. mortgage (30yr, 6.5%)$31,292/yr
Mortgage share of income36.3%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate5.0%
State avg5.2%
U.S. avg4.1%
Labor force participation61.7%
Poverty rate8.4%

Data from BLS LAUS / CPS. July 2026.

valuation snapshot

Real Estate

Median home value$515,700
Median monthly rent$1,744
Price-to-rent ratio24.6x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateModerate
Composite score52/100
Economic growth75/100
Labor market46/100
Population momentum17/100
Overall stability58/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

Oak Grove CDP, Oregon

City/Town

Part of

Portland-Vancouver-Hillsboro, OR-WA

Nearby locations

Jennings Lodge, OROatfield, ORMilwaukie, ORDunthorpe, ORJohnson City, OR