THE OREGON TECH SECTOR IS BOOMING

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


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

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
$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