PORTLAND, Ore. ( KOIN ) — A neighborhood found in unincorporated Multnomah County has been deemed as the “richest” place in Oregon, Forbes reported .
The business media company listed the state’s top 50 wealthiest places using four metrics from the 2023 American Community Survey: median household income, average household income, median home value and median property taxes paid.
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Based on these factors, Dunthorpe was ranked as the richest place in Oregon. With about 640 households, the area has a median household income of about $449,6333 and a median home value of $1,508,300.
Tetherow, Stafford, Neahkahnie and Cedar Mill rounded out top five wealthiest locales. Forbes noted the Census Bureau treats some of its “Census-designated places” as cities, so some of the featured areas could be considered as neighborhoods to residents.
The largest city within the top 10 is Lake Oswego, with 16,649 households. The Portland suburb has a mean household income of $195,728 and median home value of $825,000.