Everything You Need to Know About the City of Portland Oregon
In 2018, Portland, Oregon had a population of 653k people with a median age of 37.6 and a median household income of $73,097 dollars. Between 2017 and 2018 the population of Portland, OR grew from 648,121 to 652,573, a 0.687 percent increase and its median household income grew from $66,187 dollars to $73,097 dollars, a 10.4 percent increase.
The population of Portland, OR is 70 percent White Alone, 9.31 percent Hispanic or Latino, and 8.82 percent Asian Alone. N/A% of the people in Portland, OR speak a non-English language, and 93.5 percent are U.S. citizens.
The largest universities in Portland, OR are Portland State University, Portland Community College, and Concordia University-Portland.
The median property value in Portland, OR is $451,000 dollars, and the homeownership rate is 52.7 percent. Most of the people in Portland, OR commute by Drove Alone, and the average commute time is 23.3 minutes. The average car ownership in Portland, OR is 2 per household.
In 2017, universities in Portland, OR awarded 21,964 degrees. The student of Portland, OR is skewed towards women, with 33,423 males and 46,355 females.
Most students graduating from Universities in Portland, OR are White (13,429 and 63.8 percent), followed by Hispanic or Latino (2,016 and 9.58 percent), Unknown (1,960 and 9.31 percent), and Asian (1,356 and 6.44 percent).
The largest universities in Portland, OR by the number of degrees awarded are Portland State University (7,136 and 32.5 percent), Portland Community College (5,349 and 24.4 percent), and Concordia University-Portland (2,696 and 12.3 percent).
The most popular majors in Portland, OR are Liberal Arts & Sciences (1,664 and 7.58 percent), Curriculum & Instruction (1,622 and 7.38 percent), and General Studies (965 and 4.39 percent).
The median tuition costs in Portland, OR are $29,620 dollars for private four-year colleges, and $10,524 dollars and $24,885 dollars respectively, for public four-year colleges for in-state students and out-of-state students.
The economy of Portland, OR employs 372k people and Portland has an unemployment rate of 3.5 percent. Portland has seen the job market increase by 0.9 percent over the last year. Future job growth over the next ten years is predicted to be 42.4 percent, which is higher than the US average of 33.5 percent. The largest industries in Portland, OR are Retail Trade (37,662 people),Health Care & Social Assistance (52,133 people), and Professional, Scientific, & Technical Services (46,680 people), and the highest paying industries are Management of Companies & Enterprises ($122,896 dollars), Utilities ($75,648 dollars), and Professional, Scientific, & Technical Services ($70,777 dollars).
Households in Portland, OR have a median annual income of $73,097 dollars, which is more than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $66,187 dollars in 2017, which represents a 10.4 percent annual growth.
Tax Rates for Portland
– The Sales Tax Rate for Portland is 0.0 percent.
– The Income Tax Rate for Portland is 9.0 percent.
– Tax Rates can have a big impact when Comparing the Cost of Living.
Income and Salaries for Portland
– The average earnings of a Portland resident is $32,438 dollars a year.
– The Median household earnings of a Portland resident is $53,230 dollars a year.
