Tonquin Employment Area, Beaverton, OR
Tonquin Employment Area — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Tonquin Employment Area, Beaverton, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Tonquin Employment Area Neighborhood Overview
The Tonquin Employment Area is a designated commercial and industrial hub in Beaverton, Oregon, within Washington County and ZIP code 97062. It functions primarily as a center for business and employment rather than a traditional residential neighborhood. This area is a key economic driver for the broader region, characterized by its concentration of workplaces and light industrial facilities.
Lifestyle & Amenities
As an employment-focused zone, lifestyle amenities are geared towards the daytime workforce, with convenient access to essential services and dining options. Its location provides proximity to the residential communities and fuller amenities of Sherwood and Tualatin, each roughly two miles away. The area's walkability score of 10.0 out of 20 reflects its utilitarian, business-park design.
Real Estate Market
The real estate market here is dominated by commercial and industrial properties, with the provided residential data reflecting the broader 97062 ZIP code. For that area, the median household income is $109,500 and the median home value is $566,800, classifying it as an Upper Mid market tier. Strong mortgage activity in 2023, with 492 originations predominantly conventional loans, indicates a healthy residential periphery.
Schools & Education
Families residing in nearby residential areas are served by several schools in the Tualatin and Tigard-Tualatin School Districts. Nearby options include Tualatin Elementary School, Hazelbrook Middle School, and Tualatin High School, all within approximately a two-mile radius. Edward Byrom Elementary and the specialized MITCH Charter School are also accessible for elementary education.
Transportation & Connectivity
The area boasts excellent highway access via the Tonquin Road interchange with Highway 99W and proximity to I-5, facilitating regional commerce and commuting. This connectivity is vital for businesses and employees traveling to and from the employment center. Public transit options are available through TriMet, linking the area to Beaverton, Tigard, and Tualatin.
Why Choose Tonquin Employment Area
Businesses choose the Tonquin Employment Area for its strategic location, modern infrastructure, and access to a skilled workforce from surrounding affluent communities. For employees, it offers convenient employment opportunities close to home in Washington County's thriving suburbs. The area's economic vitality supports the high quality of life found in the neighboring residential neighborhoods.
Tonquin Employment Area Market Data
| Metric | Value |
|---|---|
| Median Home Price | $567K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $110K |
| Homeownership Rate | 58.7% |
| Renter-Occupied | 41.3% |
| Rental Vacancy Rate | 6.2% |
| Market Type | Balanced |
| Market Tier | Upper Mid |
| Primary ZIP Code | 97062 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 492 |
| VA Loan Originations | 10 |
| VA Loan Share | 2.0% |
| Conventional Loan Originations | 451 |
| FHA Loan Originations | 31 |
Top Real Estate Agents in Tonquin Employment Area, Beaverton
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Tonquin Employment Area, Beaverton, OR. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Oregon Real Estate Agency (OREA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15