Washington County, Oregon: commercial real estate data.
Washington County, Oregon had an estimated 611,272 residents on July 1, 2024, up 1.8 percent since the 2020 census base of 600,372, across 724 square miles. County output reached $63.19 bn in 2024, 16,355 establishments operate here, and the SBA record carries 809 7(a) approvals worth $409.1 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Washington County
How many people live in Washington County
- Population, American Community Survey 2020-2024603,947
- Households235,406
- Average household size2.57
- Median household income$107,772
- Median age38.1
- Median gross rent$1,849 per month
- Median owner-occupied home value$588,000
- Home value to household income5.5 times
- Annual rent as a share of median income20.6 percent
- Adults 25 and over with a bachelor degree or higher47.5 percent
- Adults 25 and over with a graduate degree18.5 percent
- Adults 25 and over425,846
- Population under 18130,225
- Share under 1821.6 percent
- Population 65 and over89,208
- Share 65 and over14.8 percent
- Working age population, 18 to 64384,514
- Civilian labor force335,177
- Unemployment rate4.5 percent
- Labor force participation, adults 18 and over70.8 percent
- Rank by population among Oregon counties2nd of 36
- Rank by population among US county-equivalents, Puerto Rico included114th of 3,222
Washington County is the 2nd largest of 36 Oregon counties by population. A median home costs 5.5 times median household income, which is severely unaffordable by national standards. Residents under 18 outnumber those 65 and over, at 21.6 percent against 14.8 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Washington County
Is Washington County's population growing?
- Population, July 1, 2024611,272
- Census 2020 base population600,372
- Population change since the 2020 census base1.82 percent
- Population change, 2023 to 20246,441
- Births, 20245,920
- Deaths, 20244,048
- Natural change, 20241,872
- Net domestic migration, 2024-3,089
- Net international migration, 20247,640
- Total net migration, 20244,551
- Cumulative net domestic migration, 2021 to 2024-15,164
- Rank by growth among US county-equivalents1233rd of 3,144
The county has grown 1.82 percent since the 2020 census base. The population grew in 2024 from both sources: births exceeded deaths and more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Washington County
Where are people moving to Washington County from?
- Tax returns filed by households arriving19,808
- People arriving, from those returns30,839
- Tax returns filed by households leaving20,983
- Net household movement-1,175
- Adjusted gross income arriving$1.75 bn
- Net adjusted gross income movement$-325.5 m
- Average income of an arriving household$88,299
- Average income of a leaving household$98,867
- Largest single originMultnomah County (4,609 households)
- Largest single destinationMultnomah County (4,248 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Multnomah County | 4,609 | 6,758 | $417.0 m |
| Clackamas County | 1,831 | 2,795 | $143.3 m |
| Clark County | 654 | 1,045 | $43.3 m |
| Marion County | 591 | 927 | $27.2 m |
| Yamhill County | 549 | 898 | $32.3 m |
| Los Angeles County | 505 | 756 | $39.8 m |
| Maricopa County | 415 | 654 | $30.7 m |
| King County | 394 | 577 | $42.8 m |
Households arriving report $10,568 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Multnomah County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Washington County
What is the Washington County economy?
- County GDP, 2024$63.19 bn
- County GDP, 2023$60.58 bn
- GDP change, 2023 to 20244.3 percent
- GDP change over five years25.6 percent
- Rank by GDP among the Oregon areas BEA publishes2nd of 36
- Rank by GDP among the US county areas BEA publishes93rd of 3,127
- GDP per resident$104,629
Output grew 4.3 percent in the latest year and 25.6 percent over five, which is the trend line a lender will read behind any single year figure.
US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024.
Washington County
Employment by industry in Washington County
- Covered employment, annual average308,680
- Establishments reporting22,766
- Average annual pay$90,292
- Average weekly wage$1,736
- Manufacturing, employment51,959
- Manufacturing, average annual pay$143,325
- Health care and social assistance, employment36,412
- Health care and social assistance, average annual pay$66,534
- Retail trade, employment32,027
- Retail trade, average annual pay$46,148
- Accommodation and food services, employment22,402
- Accommodation and food services, average annual pay$30,605
- Administrative and support and waste management services, employment20,690
- Construction, employment19,072
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Manufacturing | 51,959 | 952 | $143,325 |
| Health care and social assistance | 36,412 | 2,964 | $66,534 |
| Retail trade | 32,027 | 1,645 | $46,148 |
| Accommodation and food services | 22,402 | 1,466 | $30,605 |
| Administrative and support and waste management services | 20,690 | 1,494 | $60,057 |
| Construction | 19,072 | 2,141 | $90,002 |
| Management of companies and enterprises | 17,003 | 181 | $194,695 |
| Professional, scientific and technical services | 16,657 | 3,581 | $103,372 |
Manufacturing is the largest private sector at 51,959 jobs, 16.8 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Washington County
How many businesses are in Washington County?
- Establishments, all industries16,355
- Employment at those establishments307,351
- Annual payroll$26.89 bn
- Establishments per 1,000 residents27.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Washington County
Building permits in Washington County
- Housing units authorized by permit, 20242,273
- Declared construction value permitted$821.2 m
- Single family units authorized2,024
- Multifamily units authorized249
- Multifamily share of units11.0 percent
- Average declared value per unit$361,267
- Units authorized per 1,000 households9.7
Single-family homes are 89.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Washington County
SBA loans in Washington County (7(a) and 504)
- 7(a) approvals recorded809
- 7(a) gross approval dollars$409.1 m
- Average 7(a) approval$505,629
- Median 7(a) approval$200,000
- 10th percentile approval$25,000
- 90th percentile approval$1,375,360
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)7,720
- Jobs per approval9.5
- Distinct 7(a) lenders active88
- Distinct industries receiving approvals248
- Median 7(a) term120 months
- Share of loans on real estate terms, 240 months or longer11.5 percent
- Loans on real estate terms93
- Loans on working capital terms, 120 months or shorter677
- Franchise loans89
- Franchise share of approvals11.0 percent
- Leading industry by approval countFull-Service Restaurants (38)
- Most active lenderColumbia Bank (125)
- 504 approvals recorded163
- 504 gross approval dollars$168.2 m
- Average 504 approval$1,031,847
- Median 504 approval$708,000
- Distinct CDCs active7
- 504 jobs per approval12.2
- 504 jobs per million dollars approved11.8
- Most active CDCEvergreen Business Capital (80)
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$577.2 m
The average approval of $505,629 sits well above the median of $200,000, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. Only 11.5 percent of approvals run on real estate terms, so SBA credit here is mostly working capital and equipment rather than property acquisition.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Washington County
SBA loan default and charge-off rates in Washington County
Do SBA loans in Washington County get paid back?
- Loans with a final outcome recorded139
- Paid in full131
- Charged off8
- Charge-off rate on resolved loans5.8 percent
- Status: Exempt from disclosure494
- Status: Paid in full131
- Status: Charged off8
- Status: Cancelled115
- Status: Committed, not yet disbursed61
Of the 139 loans that have reached a final outcome, 5.8 percent were charged off. This is computed only over resolved loans, because a loan still running has not yet succeeded or failed and counting it either way would be wrong.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Washington County
SBA lending by place in Washington County
- Borrower cities with recorded lending24
- Beaverton, approvals217
- Portland, approvals185
- Hillsboro, approvals150
- Tualatin, approvals59
- Tigard, approvals53
- Sherwood, approvals39
| Borrower city | Approvals | Gross approval dollars |
|---|---|---|
| Beaverton | 217 | $83,167,900 |
| Portland | 185 | $88,274,500 |
| Hillsboro | 150 | $87,202,800 |
| Tualatin | 59 | $49,044,100 |
| Tigard | 53 | $34,946,600 |
| Sherwood | 39 | $19,946,400 |
| Forest Grove | 29 | $12,060,900 |
| Cornelius | 16 | $5,885,400 |
| 16 other borrower cities | 61 | $28,525,200 |
Beaverton accounts for 217 approvals against 185 in Portland. County level figures average over that gap, which is why a site decision is made at the submarket rather than the county.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Washington County
How large is Washington County?
- Land area724 sq mi
- Rank by land area among Oregon counties31st of 36
- Width, east to west35.9 mi
- Height, north to south31.9 mi
- Geographies sharing a boundary5
- Residents per square mile of land834
- Establishments per square mile22.59
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Washington County
Flood risk in Washington County
- Participation of the county's own NFIP community Washington County, unincorporated areasParticipating, community 410238
- Communities in the county in the NFIP Community Status Book17
- Of those, participating in the NFIP17
- NFIP participation rate100.0 percent
- Best Community Rating System class in the county A lower CRS class is a larger flood insurance premium discount.Class 5
- Communities carrying a CRS class2
- Radon levels in Washington County, EPA zone predicted average indoor radon screening level from 2 to 4 pCi/LZone 2
The county's own community in the status book, unincorporated Washington County (community 410238), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Washington County in radon zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. The best Community Rating System class among the county's communities is 5, which carries a flood insurance premium discount for policies written in that community. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Washington County site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Washington County site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-2024603,947
- Households235,406
- Average household size2.57
- Median household income$107,772
- Median age38.1
Common questions
Washington County questions, answered from the record.
How many people live in Washington County, Oregon?
The Census Bureau estimates 611,272 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 603,947, in 235,406 households, ranking 2nd of 36 Oregon counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Washington County's population growing?
The population has grown 1.82 percent since the 2020 census base of 600,372, to 611,272 on July 1, 2024. In 2024 there were 5,920 births against 4,048 deaths, with net migration of 4,551. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Washington County?
$107,772. The median owner-occupied home is valued at $588,000, which is 5.5 times income, and median gross rent is $1,849 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Washington County?
16,355 establishments, employing 307,351 people with an annual payroll of $26.89 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Washington County?
Manufacturing is the largest private sector at 51,959 jobs, 16.8 percent of covered employment. Covered employment averages 308,680 jobs at an average annual pay of $90,292, or $1,736 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Washington County?
809 7(a) approvals totaling $409.1 m since FY2020, across 88 lenders, with a median approval of $200,000, plus 163 504 approvals worth $168.2 m since FY2010. These are approvals recorded in the release, not loans disbursed.
Do SBA loans in Washington County get paid back?
Of the 139 loans that have reached a final outcome, 131 were paid in full and 8 charged off, a charge-off rate of 5.8 percent. Loans still running are excluded, because they have not yet succeeded or failed.
How many building permits were issued in Washington County?
2,273 housing units were authorized by permit in 2024, with a declared construction value of $821.2 m. Multifamily was 11.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Washington County?
Zone 2, a predicted average indoor radon screening level from 2 to 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Washington County come from?
The largest single origin is Multnomah County, with 4,609 households. Arriving households report an average income of $88,299 against $98,867 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Washington County on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Washington County?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
Washington County
Cities and places in Washington.
29 Census places lie wholly or partly in Washington County. All 29 carry enough published place level data for a page of their own and are linked.
| Place | Type | Population | SBA 7(a) approvals, projects in this county | Lies in |
|---|---|---|---|---|
| Hillsboro | city | 108,231 | 150 | Wholly in this county |
| Beaverton | city | 97,812 | 217 | Wholly in this county |
| Tigard | city | 56,011 | 53 | Wholly in this county |
| Aloha | CDP | 52,389 | 9 | Wholly in this county |
| Bethany | CDP | 33,106 | None recorded | Wholly in this county |
| Tualatin | city | 27,763 | 59 | 90.7 percent here, 9.3 percent Clackamas County |
| Wilsonville | city | 26,974 | 14 | 10.8 percent here, 89.2 percent Clackamas County |
| Forest Grove | city | 26,529 | 29 | Wholly in this county |
| Sherwood | city | 20,307 | 39 | Wholly in this county |
| Cedar Mill | CDP | 19,471 | None recorded | Wholly in this county |
| Cornelius | city | 14,255 | 16 | Wholly in this county |
| Oak Hills | CDP | 11,131 | None recorded | Wholly in this county |
| Bull Mountain | CDP | 9,865 | None recorded | Wholly in this county |
| Rockcreek | CDP | 9,223 | None recorded | Wholly in this county |
| Cedar Hills | CDP | 8,388 | None recorded | Wholly in this county |
| West Haven-Sylvan | CDP | 7,674 | None recorded | 96.3 percent here, 3.7 percent Multnomah County |
| Garden Home-Whitford | CDP | 6,979 | None recorded | Wholly in this county |
| Raleigh Hills | CDP | 6,744 | None recorded | Wholly in this county |
| West Slope | CDP | 6,582 | None recorded | Wholly in this county |
| Marlene Village | CDP | 5,439 | None recorded | Wholly in this county |
| King City | city | 5,073 | None recorded | Wholly in this county |
| Metzger | CDP | 3,714 | None recorded | Wholly in this county |
| North Plains | city | 3,433 | 12 | Wholly in this county |
| Banks | city | 2,156 | 5 | Wholly in this county |
| Durham | city | 1,983 | None recorded | Wholly in this county |
| Rivergrove | city | 657 | None recorded | 9.2 percent here, 90.8 percent Clackamas County |
| Gaston | city | 605 | 2 | 74.3 percent here, 25.7 percent Yamhill County |
| Cherry Grove | CDP | 335 | None recorded | Wholly in this county |
| Dilley | CDP | 200 | None recorded | Wholly in this county |
A further 204 of the county's 809 SBA 7(a) approvals are to borrowers in cities that match no Census place in Washington County, the largest being Portland (185), Lake Oswego (9), Rancho Cucamonga (1). Those are postal cities, unincorporated areas and cities outside the county, so no place row claims them; they are counted in the county total above.
Nearby