Since the late 1960s and early 1970s, many American cities experienced the process of gentrification, and there are many studies based on data from this time period. A first purpose of this study was to follow up on the development of gentrification in the 1980s. Northwest Portland, Oregon, is culturally clearly defined as a gentrifying neighborhood and was, therefore, chosen as to empirically assess this process by comparing the 1980 with the 1990 census data. There is some theoretical confusion about the concept of gentrification. There is, however, general consensus on two aspects. The first is a physical renovation of old and run-down inner-city neighborhoods, and the second is a change in the demographic composition of the revitalizing...