Estacada is a somewhat small city located in the state of Oregon. With a population of 5,421 people and three associated neighborhoods, Estacada is the 97th largest community in Oregon. Much of the housing stock in Estacada was built relatively recently. The construction of new real estate can often be taken as an indication that the local Estacada economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Estacada, where the median household income is $82,909.00.
Estacada home prices are not only among the most expensive in Oregon, but Estacada real estate also consistently ranks among the most expensive in America.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.63% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
In terms of college education, the citizens of Estacada rank slightly lower than the national average. 13.53% of adults 25 and older in Estacada have a bachelor's degree or advanced degree, while 21.84% of adults have a 4-year degree or higher in the average American community.
The per capita income in Estacada in 2022 was $29,448, which is lower middle income relative to Oregon and the nation. This equates to an annual income of $117,792 for a family of four. However, Estacada contains both very wealthy and poor people as well.
The people who call Estacada home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Estacada residents report their race to be White, followed by Native American. Important ancestries of people in Estacada include German, Irish, English, Scottish, and Scandinavian.
The most common language spoken in Estacada is English. Other important languages spoken here include Korean and Spanish.