HomeOregonClackamas CountyHappy Valley city
Happy Valley city, Oregon: commercial real estate data.
Happy Valley city is a Census city of 26,738 people across 11.90 square miles of land, in Clackamas County. Median household income is $122,151, 78.9 percent of occupied homes are owned, and the SBA record carries 57 7(a) approvals to borrowers here worth $24.2 m.
77 sourced place values · tier FULL · 8 sections · underlined figures are computed by MMCG Analytics, not published by the agency
Happy Valley
What Happy Valley is
- Census place typecity
- Land area11.9 sq mi
- Water area0.06 sq mi
- Population per square mile of land2,246
- County holding the largest share of its areaClackamas County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Happy Valley
How many people live in Happy Valley
- Population26,738
- Median age39.0
- Population under 187,132
- Share under 1826.7 percent
- Population 65 and over4,234
- Share 65 and over15.8 percent
- Households9,002
- Family households6,939
- Share of households that are families77.1 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Happy Valley
Income and work in Happy Valley
- Median household income$122,151
- Per capita income$54,741
- Civilian labor force14,133
- Employed13,455
- Unemployed678 plus or minus 227
- Unemployment rate4.8 percent plus or minus 1.6
- Adults 25 and over17,524
- Adults 25 and over with a high school diploma or higher95.0 percent
- Adults 25 and over with a bachelor degree or higher46.4 percent
- Adults 25 and over with a graduate degree17.4 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Happy Valley
Housing in Happy Valley
- Housing units9,450
- Occupied units9,002
- Vacant units448 plus or minus 194
- Vacancy rate4.7 percent plus or minus 2.0
- Owner occupied7,106
- Renter occupied1,896
- Ownership rate78.9 percent
- Median owner-occupied home value$725,300
- Median gross rent, monthly$2,029
- Annual rent as a share of median income19.9 percent
- Single family units7,591
- Share single family80.3 percent
- Units in buildings of two or more1,744 plus or minus 358
- Share in buildings of two or more18.5 percent plus or minus 3.7
- Mobile homes115 plus or minus 57
- Median year structure built2009
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Happy Valley
How Happy Valley gets to work
- Workers 16 and over who commute10,024
- Commuting under 15 minutes2,492
- Share commuting under 15 minutes24.9 percent
- Commuting 30 minutes or more4,044
- Share commuting 30 minutes or more40.3 percent
- Drove alone63.7 percent
- Carpooled5.5 percent plus or minus 1.9
- Public transport1.4 percent plus or minus 0.9
- Walked3.6 percent plus or minus 1.9
- Worked from home23.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Happy Valley
SBA loans in Happy Valley (7(a))
- Approvals57
- Gross approval$24,167,200
- Average approval$423,986
- Median approval$150,000
- Ninetieth percentile approval$1,141,000
- Largest approval$3,875,000
- Jobs supported587
- Jobs per approval10.3
- Loans with a final outcome13
- Paid in full11
- Charged off2
- Charge-off rate over resolved loans15.4 percent
- Median term120 months
- Share on real estate terms of 20 years or more10.5 percent
- Share to franchises33.3 percent
- Distinct lenders21
- Distinct industries by NAICS41
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Happy Valley
SBA loans in Happy Valley (504)
- Approvals2
- Gross approval$4,024,000
- Average approval$2,012,000
- Median approval$3,831,000
- Largest approval$3,831,000
- Jobs supported42
- Loans with a final outcome1
- Charged off0
- Median term300 months
- Distinct CDCs2
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Clackamas County, not Happy Valley
Clackamas County context, not Happy Valley figures
These are Clackamas County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Happy Valley measurements.
- Establishments in Clackamas County12,862
- Employment at those establishments, Clackamas County158,159
- Covered employment, Clackamas County174,320
- Average annual pay, Clackamas County$69,863
- Average weekly wage, Clackamas County$1,344
- Housing units permitted, Clackamas County1,140
- Of those, single family, Clackamas County743
- County product, 2024, Clackamas County$30,434,938,000
- County product change over the prior year, Clackamas County5.1 percent
- Average income of an arriving household, Clackamas County$106,715
Every figure in this section is published for Clackamas County as a whole and is not a measurement of Happy Valley. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Happy Valley questions, answered from the record.
How many people live in Happy Valley, Oregon?
26,738, in 9,002 households. Happy Valley city covers 11.90 square miles of land, which is 2,246 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Happy Valley in?
Clackamas County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Happy Valley?
$122,151. The median owner-occupied home is valued at $725,300. Median gross rent is $2,029 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Happy Valley businesses?
57 7(a) approvals totalling $24.2 m, across 21 lenders, median approval $150,000, plus 2 504 approvals worth $4.0 m. These count approvals to borrowers whose address is in Happy Valley, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Happy Valley borrowers get paid back?
Of the 13 loans that have reached a final outcome, 11 were paid in full and 2 charged off, a charge off rate of 15.4 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Happy Valley figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Clackamas County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Happy Valley.
Is zoning published for Happy Valley?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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