Washington County, Oregon: commercial real estate data.
Washington County, Oregon has a population of 603,947 across 724 square miles, up 1.8 percent since the 2020 census base. 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.
123 sourced county values · tier FULL · 11 sections
Washington County
How many people live in Washington County
- Population603,947
- 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-equivalents114th
Washington County is the 2nd largest of 36 Oregon counties by population. A median home costs 5.5 times median household income, which is a stretched ownership market and usually shows up as rental demand. 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 growing
- Population change since the 2020 census base1.82 percent
- Census 2020 base population600,372
- 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
The county has grown 1.82 percent since the 2020 census base. Migration contributed more to 2024 change than births over deaths, so demand here follows people arriving rather than families forming.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Washington County
Where people moving to Washington County come from
- Tax returns filed by households arriving19,808
- People arriving, from those returns30,839
- Adjusted gross income arriving$1.75 bn
- Net adjusted gross income movement$0
- Average income of an arriving household$88,299
- Largest single originWashington County Non-migrants (230,804 households)
- Largest single destination (230,804 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Washington County Non-migrants | 230,804 | 462,545 | $27.07 bn |
| Multnomah County | 4,609 | 6,758 | $417.0 m |
| Other flows - Different State | 3,305 | 5,293 | $227.1 m |
| Clackamas County | 1,831 | 2,795 | $143.3 m |
| Other flows - South | 1,078 | 1,774 | $80.5 m |
| Other flows - West | 893 | 1,429 | $48.9 m |
| Other flows - Midwest | 809 | 1,270 | $53.3 m |
| Clark County | 654 | 1,045 | $43.3 m |
The largest single source of arrivals is Washington County Non-migrants, 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 the Washington County economy runs on
- 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 Oregon counties2nd
- Rank by GDP among US county-equivalents93rd
- 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
Who employs people in Washington County
- Covered employment, annual average308,680
- Establishments reporting22,766
- Average annual pay$90,292
- Average weekly wage$1,736
- Sector 31-33, employment51,959
- Sector 31-33, average annual pay$143,325
- Sector 62, employment36,412
- Sector 62, average annual pay$66,534
- Sector 44-45, employment32,027
- Sector 44-45, average annual pay$46,148
- Sector 72, employment22,402
- Sector 72, average annual pay$30,605
- Sector 56, employment20,690
- Sector 23, employment19,072
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Sector 31-33 | 51,959 | 952 | $143,325 |
| Sector 62 | 36,412 | 2,964 | $66,534 |
| Sector 44-45 | 32,027 | 1,645 | $46,148 |
| Sector 72 | 22,402 | 1,466 | $30,605 |
| Sector 56 | 20,690 | 1,494 | $60,057 |
| Sector 23 | 19,072 | 2,141 | $90,002 |
| Sector 55 | 17,003 | 181 | $194,695 |
| Sector 54 | 16,657 | 3,581 | $103,372 |
The largest sector is the biggest private employer group at 51,959 jobs, 16.8 percent of covered employment. Average pay per job sits below median household income, so households here typically need more than one earner.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Washington County
What businesses operate 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.
US Census Bureau, County Business Patterns, 2023.
Washington County
What is being built in Washington County
- Housing units authorised by permit, 20242,273
- Declared construction value permitted$821.2 m
- Single family units authorised2,024
- Multifamily units authorised249
- Multifamily share of units11.0 percent
- Average declared value per unit$361,267
- Units authorised per 1,000 households9.7
Multifamily is 11.0 percent of units authorised, so the pipeline is predominantly for sale product.
US Census Bureau, Building Permits Survey, 2024 annual.
Washington County
How much SBA lending happens in Washington County
- 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$1,390,000
- 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)
- 7(a) share of SBA approvals83.2 percent
- Combined SBA approval dollars$577.2 m
The average approval of $505,629 sits well above the median of $200,000, so a small number of large deals is pulling the mean up. The median is the better guide to what a typical borrower here actually 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
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.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Washington County
Which parts of Washington County get the lending
- Places in the county with recorded lending24
- BEAVERTON, approvals217
- PORTLAND, approvals185
- HILLSBORO, approvals150
- Tualatin, approvals59
- TIGARD, approvals53
- SHERWOOD, approvals39
| Place | 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 |
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 big 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.
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.
- No NFIP communities are listed for this county in the FEMA Community Status Book.
- Flood zone record counts are not held. The flood coverage export has not landed, so no count is shown rather than an estimated one.
- Traffic counts resolve in the platform, not in this dataset, so no AADT figure is printed here.
- Zoning is in build. Parcel level zoning is not published on this page.
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.
- Population603,947
- 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?
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 growing?
The population has grown 1.82 percent since the 2020 census base. 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 there 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 the average wage in Washington County?
Average annual pay is $90,292, or $1,736 a week, across 308,680 covered jobs. 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 totalling $409.1 m since FY2020, across 88 lenders, with a median approval of $200,000, plus 163 504 approvals worth $168.2 m. 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.
What is being built in Washington County?
2,273 housing units were authorised 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 Washington County Non-migrants, with 230,804 households. Arriving households report an average income of $88,299 against null 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame with confirm locally attached.