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The largest city in the state of Oregon, Portland is a well-rounded region with more than just offbeat shops and events. Museums, art galleries, and the oldest public library on the West Coast feed a population with more academic degrees than the national average. The metro area's loyal sports fans avidly support their NBA basketball team, the Portland Trail Blazers; the MLS soccer team, the Portland Timbers; and the major junior ice hockey team, the Portland Winterhawks.

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Cost of Living in Portland

The cost of living is 16.8% more than the national average. These costs are driven by rising housing costs. The average home value is significantly higher than the national median.

The Economic Policy Institute factors housing, food, transportation, child care, health care. and other necessities in their cost of living index. While the cost of living is higher, Portland also has a higher average income than the rest of the country. 

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Portland Job Market

Portland is well-known for its many industries. These include tech, manufacturing, healthcare, outdoor, and athletic apparel. Education is another major employer. Some of the most prominent Fortune 500 or Fortune 1000 companies are Nike, Columbia Sportswear, and Berkshire Hathaway. Greenbrier Cos. and Portland General Electric. This makes Portland a desirable place to find new talent.

According to the Oregon Employment Department, the December 2019 unemployment rate was 3.7% -- the lowest level since 1976. However, this was before the worldwide impact of coronavirus in the U.S. The unemployment rate rose due to COVID-19. The unemployment rate in July was 11.0%, which is slightly lower than the national rate. 

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Portland Education

Portland Public Schools (PPS) is the main school system. It's a PK-12 district that has more than 49,000 students. It includes 79 schools located in more than 100 cities. PPS is ranked above average compared to national statistics. Portland Public Schools will become entirely virtual until at least Jan 28, 2021

Niche reports that PPS ranks at 60% proficiency reading and 49% in math. The average Portland high school senior graduation rate is 78%. PPS offers many extracurricular and after-school activities. There are also many pre-K options available for parents.

Portland also has 125 private schools and 11 charter schools. There are 34 higher education institutions.

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Which are the safest areas in Portland?

According to NeighborhoodScout the following are the three most safe neighborhoods in Portland:

  • Northwest
  • West Union
  • Bethany/Rockcreek

Portland has a higher overall crime rate than most other American cities but a lower crime rate than other cities of comparable size (with the exception of Detroit). Most of the crimes are property crimes.

This is a very basic overview of crime statistics in the area. For more information about safety in the region, visit the Portland Police Bureau site.

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