Rose City Park, Portland, Oregon

Infobox Neighborhood Portland OR

---

neighborhood_name = Rose City Park
association_name = Rose City Park Neighborhood Association
association_website = http://www.rcpna.org
coalition_name = Northeast Coalition of Neighborhoods
coalition_website = http://www.cnncoalition.org
area = 3.04
map_url = http://www.portlandonline.com/shared/cfm/image.cfm?id=58631
portlandmaps_x = 7662578.246
portlandmaps_y = 689188.548
censusyear = 2000
pop_total = 8903
pop_density = 2929
households_total = 3859
occupancy = 97
households_owned = 2857
households_owned_pct = 74
households_rented = 1002
households_rented_pct = 26
household_size = 2.31
footnotes =

Rose City Park is a neighborhood (and a [http://www.portlandonline.com/parks/finder/index.cfm?action=ViewPark&PropertyID=573 park of the same name] ) in Northeast Portland, Oregon. It borders Beaumont-Wilshire and the Hollywood District on the west, Cully on the north, Roseway and Madison South on the east, and Center on the south.

The neighborhood was platted in 1907, the year of the first Portland Rose Festival. Trolley service from Downtown Portland was inaugurated that year by the Portland Railway, Light & Power Co., and discontinued November 30, 1936. [http://mywebpages.comcast.net/dthompso1/StreetcarLines.html]

In addition to its eponymous park (acquired 1920), other parks in the neighborhood include [http://www.portlandonline.com/parks/finder/index.cfm?action=ViewPark&PropertyID=444 Normandale Park] (1940), [http://www.portlandonline.com/parks/finder/index.cfm?action=ViewPark&PropertyID=130 Frazer Park] (1950, on the site of a former juvenile detention center), and the western part of [http://www.portlandonline.com/parks/finder/index.cfm?action=ViewPark&PropertyID=570 Rose City Golf Course] (1920).

The NE 60th Ave station on the Blue Line and Red Line of the MAX light rail system is on the boundary (Interstate 84) with the Center neighborhood.

In July, 2008, Forbes Magazine named Rose City Park the 9th most overpriced neighborhood in the country. This was based on a price-to-earnings spread comparing rental costs with buying costs for similar properties, based on number of bedrooms, location and price per square foot. A neighborhood with a high price-to-earnings spread is considered overvalued because a buyer is getting a low return based on costs and paying a huge premium to live in area relative to how much it would cost to rent a similar property there. [ [http://www.forbes.com/2008/07/29/overpriced-zips-homes-forbeslife-cx_mw_0729realestate.html America's Most Overpriced ZIP Codes] - Forbes.com] [ [http://www.forbes.com/2008/07/29/overpriced-zips-homes-forbeslife-cx_mw_0729realestate_slide_3.html?thisSpeed=20000 In Depth: America's Most Overpriced ZIP Codes - Portland, OR] - Forbes.com]

References

ee also

*Alameda Ridge

External links

* [http://www.rcpna.org/ Rose City Park Neighborhood Association Official Web Site] (RCPNA.org)
* [http://www.portlandneighborhood.com/rosecitypark.html Guide to Rose City Park Neighborhood] (PortlandNeighborhood.com)
*Mapit-US-cityscale|45.53777|-122.60585