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Old 07-13-2009, 04:48 PM
 
30 posts, read 196,456 times
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According to CNN, of the Top 100 places to live in the United States, Oregon has two cities on the list: Lake Oswego (79) and West Linn (64).


Lake Oswego, OR
Median Family Income: $119,630
Median Home Price: $456,250
Completed at least some college: 88.8%

http://www.westlinnchamber.com/photos/sign.jpg (broken link)
West Linn, OR
Median Family Income: $115,171
Median Home Price: $390,000
Completed at least some college: 81.8%

Source: Best Places to Live 2009 - Top 100: 76-100 - from MONEY Magazine
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Old 07-13-2009, 05:01 PM
 
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Look at those median home prices. Ouch!
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Old 07-13-2009, 05:56 PM
 
Location: Sherwood, OR
663 posts, read 1,590,375 times
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So 50% of households in West Linn have incomes above $115,000? That seems awfully high. City-data has West Linn's median family income in 2007 at ~$85,000 which seems more believable.

If both are true, thats an increase of about 17% per year. I want in on that.
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Old 07-13-2009, 06:06 PM
 
30 posts, read 196,456 times
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Lake Oswego only increased its median family income by $10,000 since 2007. However, the average family income in Lake Oswego is still higher than West Linn's at this point.

It seems West Linn has more young families moving there because it's cheaper to buy a house. While the population in Lake Oswego seems to be aging, with lots of retired citizens. Houses in Lake Oswego are just too expensive for young families!

Plus, there is no land in Lake Oswego to build anything. On the contrary, West Linn still has a lot of land that has yet to be developed for fresh blood to move in.
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Old 07-13-2009, 08:17 PM
 
30 posts, read 196,456 times
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Quote:
Originally Posted by LeftCoastee View Post
So 50% of households in West Linn have incomes above $115,000? That seems awfully high. City-data has West Linn's median family income in 2007 at ~$85,000 which seems more believable.

If both are true, thats an increase of about 17% per year. I want in on that.
In 2007 CNN Money Magazine had West Linn at 103,000. So according to CNN Money Magazine, the average family income in West Linn has only risen 12,000 in 2 years. Hopefully that helps clarify some things.
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Old 07-14-2009, 11:20 AM
 
30 posts, read 196,456 times
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Interestingly, Lake Oswego was ranked #32 last year and West Linn wasn't even ranked.

What CNN said about both cities:

Lake Oswego:
"Residents of this suburb south of Portland love telling visitors what a great place it is. Because it's several miles from an interstate, little traffic comes through town, and crime is low.

The city is divided into 20 official neighborhoods, each with its own governing association. Lake homes are popular (and expensive), but outdoor activities are available for everyone, including hiking in the state park, waterskiing on the Willamette River, or playing a few rounds on the public golf course.

The town is not particularly diverse, however. --N.A.
"

West Linn:
"Many residents of this quiet Portland suburb commute to the city, but plenty stay in town as small-business owners or telecommuters. One reason: West Linn boasts one of the lowest tax rates in the metro area.

Every Tuesday in the summer, West Linn hosts an artists' and farmers' market, where vendors offer homemade gifts and local foods. For recreation, water sports are king. The Willamette River is popular for water-skiing, as well as dining aboard floating restaurants. The smaller Tualatin River is a wildlife refuge, making it perfect for canoeing, birdwatching, and fishing. --N.A"
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