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Moving to Oregon

Are You Moving From or To Oregon?

For those who have an avid love for the great outdoors but also like to be able to mingle with city dwellers, Oregon is the place for you. Neatly divided into distinct eastern and western regions by the Cascade Range, Oregon’s most family-friendly cities are as diverse as its landscape.  With access to breathtaking wilderness areas, sweeping deserts, and long stretches of coastline, families who value outdoor recreation thrive here. Similarly, those seeking access to arts and culture will find exceptional theater, live music, and art museums even in the smallest towns.

Oregon is a state in the pacific northwest region and the west coast of the United State if you looking for a refreshing change of scenery, is one of the most geographically diverse states in the US market by volcanoes, abundant bodies water, dense evergreen, and mixed forest as well as high deserts and semi-arid shrublands lands. Oregon is the 27th most populous state with a population of over  4.19 million. 

Although the Oregon state capital is Salem, the city of Portland is where the action is at. This city is famed for its progressive and trendsetting culture. Because of its diverse landscapes and waterways, Oregon’s economy is largely powered by various forms of agriculture, fishing, and hydroelectric power.  Technology is another one of Oregon’s major economic forces, beginning in the 1970s with the establishment of the Silicon Forest and the expansion of Tektronix and Intel.

If you’re moving to Oregon, there are a lot of things you’re going to need to know. Luckily, you’ve come to the right place.

Moving to Oregon

Pros and Cons of Living in Oregon

Here are a few pros and cons to consider as you make your move to The Beaver State:

Pros.
  • No Sales Tax: Oregon is one of the few U.S. states with no sales tax. Of course, Oregon income intex are high, but at least you won’t have to add sales tax to the cost of all your purchases after moving to Oregon.
  • Strong economy: This growth is projected to continue with an ever increasing population and job opportunities.   
  • Pro-Bicycle: Oregon’s mild winters and relative advanced bike infrastructure make it a great place to be a bike-owner and bike-rider. Of course, if you live in an isolated homestead down a long gravel road you might not use your bike much.
Cons.
  • High Cost of Living: Currently ranked 2nd worst state to make a living, Oregon’s cost of living index (129.5) is nearly one third higher than the national average. 
  • Overall Tax Burden: Income tax ranges from 5 to 9.9%, placing the state in the top 10 for highest income tax. It currently has nineteenth highest local and state tax burden in the country. 
  • Test Scores: Oregonian students have lower test scores compared to the other states. Regardless, students graduate high school and attend college more than the national average
Tax Rates
  • Property Tax: The state ranks #30 for the lowest property tax rates in America. The effective real-estate tax in 2020 is 1.04%. 
  • Sales Tax: 0%. Oregon does not have a general sales tax.
  •  Income Tax: Varies between 5% and .9.9%, depending on your income bracket. 
Housing Market

Rent or buy a house depends on the county and region. In general, the cost of renting or buying can be very close in cities like Portland because, in many areas, rents were exceedingly high.

Median home price; The current median home value is $346,000. Home values went up nearly 5% in 2019, and the prediction is that they’ll rise 1.7% in the coming year.

Average rental expense; The median rent in Oregon is $1,785 while rent for a family of four in the Portland metro area comes in at $1,350/month. A family pays about $970/month in Eugene. 

What Should I Know In 2020?

Economy Outlook

Oregon has one of the strongest job markets and state economies in America and currently ranked #5, currently #2 for growth, #11 for employment, and #19 for the business environments. 

In August Oregon’s unemployment rate declined 7.7% from 10.4% in July and employers continue to add jobs with 11,300 behind added to payrolls over the month. Unemployment rate spiked up to 14.7% in April and substantial improvements each month down to 7.7% in August still that leaves the unemployment rate more than double what it was before the COVID-19 closure started this spring. 

The most largely impacted industry with the COVID-19 closure in August leisure and hospitality 4,200 jobs and nearly all of that happened in the accommodations and food services area so hotels and restaurants.  

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Traffic & Transportation

The best way to get around Portland is public transportation, although you shouldn’t rule out your own two feet. This city is known for having one of the easiest and most tourist-friendly public transportation systems in the country, with extensive routes from TriMet buses and light rail trains.

TriMet offers light rail, bus, and streetcar service throughout the metro area.

MAX Light Rail. Portland’s efficient light rail system connects the metro area and downtown core.

Portland Streetcar. In 2001, Portland built the nation’s first modern-day streetcar: the sleek and modern Portland Streetcar.

Cost of living

If you’re moving to Oregon, be prepared to pay a high price tag on housing. Oregon’s cost of living is high, especially in larger city’s like Portland where rent can average right around $1,500 a month. That’s expensive. But, when compared to the state as a whole, only slightly more expensive than other city’s.

A Portland resident needs to make about $60,000 to “live comfortably” in the city, according to a report by a personal finance and banking site.

The idea of what it means to “live comfortably” is subjective and can of course vary depending on the person.

Springfield: Number one for affordability, this city is also highly ranked when it comes to its rivers.

Dallas: No; not Dallas, Texas. Oregon has its very own Dallas; a much-less expensive city that still has a lot to offer! Get your fill of plant life with one of their beautiful botanical gardens.

Keizer: With an average salary of just under $50,000 combined with a low cost of living, life is good for citizens of Keizer. Although you can enjoy food and fun year-round, the city of Keizer looks forward to their Iris Festival.

Moving to Oregon

Things to Know When Moving To Oregon

Oregon Climate

Oregon’s climates range from equable, mild, marine conditions on the coast to continental conditions of dryness and extreme temperature, in the interior. Temperatures are moderate: July temperature average in the upper 50s F (about 14°C), January temperatures in the low 40s F (about 5°C).

Employment

Oregon is enjoying strong economic growth. During the past year, more than 46,000 new jobs were added to the state's economy, an increase of 2.5%. ... Healthcare represents more than 10% of Oregon's labor market and 11% of new jobs created during the past year.

Real Estate

The median list price per square foot in Oregon is $218. The median price of homes currently listed in Oregon is $378,900 while the median price of homes that sold is $359,600. The median rent price in Oregon is $1,850.

Average Income

The median household income in Oregon was $63,426. The latest figures available, compared to the median US household income, Oregon median household income is $1,489 higher.

Industries

Oregon’s industrial success is linked to the presence of Advanced manufacturing, Business service, High technology, and outdoor gear & apparel. The fastest-growing industries in the state are healthcare, management, food & beverage, computer and mathematics, forestry & wood products, life, physical, and social science.

Crime Rankings

Oregon has ranked 18th out of 50 states in violent crime rank, with a total of 553 violent crimes for every 100,000 people in the state.

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