THE OREGON TECH SECTOR IS BOOMING

Creating high-wage jobs, category leadership and significant tax revenues


Total Annual Wages Share
$0
$916,883,802
$1,833,767,604
$2,750,651,407
$3,667,535,209
$4,584,419,012

Average wages for ICT works in Oregon are 2x the state avg

ICT industry in Oregon is the fastest growing in the U.S.

Of all US cities, Portland is #9 in startup density

Oregon's ICT Industry is the Second most productive in the US

OREGON TECH INDUSTRY FACTS


66,499
Industry Jobs

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$7,743,134,753
Industry Payroll
Industry Comparison Share

Historical Change Share

5 Largest Industries Share
Top 5 Counties Share
County Industry Employees Yearly Industry Wage
Washington County 32,869 $139,475
Multnomah County 12,519 $95,696
Clackamas County 3,999 $125,828
Lane County 2,207 $81,118
Deschutes County 815 $90,229
MAP IT OUT

Firms (YoY Change) Share
-16.70%
72.50%
161.70%
250.90%
340.10%
429.30%

TECH INDUSTRY CHALLENGES

What Oregon needs to go to the next level


  • Millions of people are projected to relocate to Oregon in the next ten years, and our infrastructure must be improved to handle this influx of new residents.
  • Examples needing attention: schools, transit, land use, regulatory environment, bandwidth and connectivity
  • Attracting more executive-level talent: a relatively high capital gains tax can be a factor in recruiting top c-level talent because most executives are compensated with variable compensation, which is subject to capital gains.
  • A relatively high income tax is also a factor.
0
Number of top-tier research universities in Oregon
21st
Oregon ranking in total tech employment