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Reed (Tract 000301)

Multnomah, Oregon

FIPS 41051000301

Juniper

Reed (Tract 000301) is in the highest 14% nationally for FEMA risk score. It also sits in the lowest 1% nationally for home price growth over five years. And it sits in the highest 10% nationally for home price against income.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$687,396

Higher than 83% of U.S. tracts
Home Price Growth, Past Five Years

16%

Lower than 99% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

86.5

Higher than 86% of U.S. tracts

The basics

Total Population

5,714

Median Age

32.2

Population Density

6,516.87

Home values & property tax

Median Property Tax

$7,474

Property Tax Rateyearly tax as a share of home value

1.1%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

7.57×

Higher than 90% of U.S. tracts
Median Income

$92,633

Higher than 66% of U.S. tracts
Median Rent

$1,739

Higher than 71% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

-1.3%

Lower than 76% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

20%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

15%

Climate & weather

Summer Avg High (°F)

77.9

Winter Avg Low (°F)

37.8

Avg Temperature (°F)

54.7

Hot Days/yr (>90°F)

11.2

Freezing Days/yr (<32°F)

17.6

Annual Precipitation (in)

44.4

Annual Snowfall (in)

3.6

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Reed (Tract 000301): frequently asked questions

What is the typical home value in Reed (Tract 000301)?
The estimated median home value in Reed (Tract 000301) today is $687,396, higher than 83% of U.S. tracts.
How much is property tax in Reed (Tract 000301)?
The median annual property tax in Reed (Tract 000301) is $7,474, an effective rate of 1.1% of home value.
Is Reed (Tract 000301) expensive to live in?
Homes in Reed (Tract 000301) cost about 7.57× the median household income, higher than 90% of U.S. tracts.
What is the average rent in Reed (Tract 000301)?
The median gross rent in Reed (Tract 000301) is $1,739 a month, higher than 71% of U.S. tracts.
How much have home prices grown in Reed (Tract 000301)?
Home prices in Reed (Tract 000301) have moved 16% over the past five years (-1.3% in the past year), per the FHFA House Price Index.
How many people live in Reed (Tract 000301)?
Reed (Tract 000301) has a population of 5,714, about 6,516.87 people per square mile, per the U.S. Census American Community Survey. The median age is 32.2.
What is the weather like in Reed (Tract 000301)?
Reed (Tract 000301) averages 54.7°F year-round, summer highs near 77.9°F, winter lows around 37.8°F (NOAA 1991–2020 normals). It sees about 3.6 inches of snow a year.
Is Reed (Tract 000301) at risk of flooding or natural disasters?
Reed (Tract 000301)'s FEMA National Risk Index score is 86.5 (higher than 86% of U.S. tracts). Its greatest modeled natural hazard is earthquake. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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