Aloha ranked in top 10 list of 'cities on the rise'
The community of Aloha has made an online list of Oregons cities on the rise, landing in the No. 10 spot on a popular personal finance website.
The ranking was conducted by NerdWallet.com based on scores derived from growth in population, employment and income from 2009 to 2012.
Nestled between Hillsboro and Portland, the census-designated place of Aloha is a commuter destination, writes NerdWallet.coms Kamran Rosen. The working-age population grew 9.5 percent from 2009 to 2012 and is considered by many residents to be one of the few remaining affordable yet desirable housing markets left in the Portland-metro area.
The site said Aloha is enhanced by the Beaverton and Hillsboro school districts, which are highly ranked in a community that has benefited by Washington Countys recent growth and had a three-year median income growth of 2.8 percent.
NerdWallet.com lists Aloha as having a working-age population of 37,934, where 66.4 percent of the population was employed in 2012. The community saw a 9.5 percent growth in its working-age population between 2009 and 2012.
Residents in the community had a 2012 median income of $41,811, showing a growth of 2.8 percent during those three years.
As an introduction to the NerdWallet.com piece, Rosen writes about Oregon in general: About two decades ago, the state transitioned from an economy rooted in timber, fishing and agriculture to a mixed manufacturing and market economy. Oregon saw steady growth in the technology sector, driven by companies such as Intel and Tektronix.
Meanwhile, Beaverton was ranked in the No. 16 spot as a city on the rise, boasting a working-age population of 71,412 with 64.2 percent of the workforce employed in 2012. Beaverton residents of the city had a median income of $47,923 in 2012, with a median income growth of 12.2 percent between 2009 and 2012, according to the website.
The only other Washington County city to make NerdWallet.coms top 10 as a city on the rise was Sherwood, which had a working-age population of 12,548, with a median income of $60,779, increasing 7.5 percent in three years.
Topping NerdWallets list was the Clackamas County bedroom community of Oak Grove, landing in the No. 1 position.
Visit nerdwallet.com/blog/cities/economics/cities-on-the-rise-oregon/, to see the entire list.
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