Portland, OR
Population 642,715 · Oregon
About Portland, OR
Portland is a major city in Oregon with a population of 642,715 residents. The median household income is $88,792 per year, which is above the national average. The median age in Portland is 38.6 years.
Housing in Portland has a median home value of $557,600 and median monthly rent of $1,596. Of the 304,113 total housing units, the majority are owner-occupied, with 151,684 owner-occupied and 135,346 renter-occupied units.
The unemployment rate in Portland is 5.5% and the poverty rate is 12.8%. 53.5% of residents hold a bachelor's degree or higher. The average commute time is 24.6 minutes.
How Portland Ranks in Oregon
Cost of Living in Portland, OR
Compared to national averages, Portland has a median household income of $88,792 (18% above the national median of $75,149). Home values average $557,600, which is 128% above the national median. Monthly rent at $1,596 is 37% above the US average of $1,163. Within Oregon, Portland's income is 17% above the state average of $76,196, and home values are 46% above the state median of $382,095.
Why Live in Portland, OR?
Portland offers a strong local economy with a median household income of $88,792, well above the national average, and a well-educated community where 53.5% of residents hold a bachelor’s degree or higher, and short commute times averaging just 24.6 minutes.
Potential considerations include a competitive housing market where the typical home costs $557,600. However, as a major city, Portland provides access to a wide range of amenities and services.
Portland has a population of 642,715 with a median age of 38.6 years. Compare Portland with other cities to see how it stacks up, or explore all cities in Oregon.
Similar Cities Near Portland
Cities in Oregon with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Eugene | 177,520 | $63,836 | $435,400 | Compare |
| Salem | 176,666 | $71,900 | $382,400 | Compare |
| Gresham | 112,818 | $73,608 | $440,000 | Compare |
| Hillsboro | 107,050 | $103,207 | $483,400 | Compare |
| Bend | 101,472 | $88,792 | $646,800 | Compare |
| Beaverton | 97,502 | $94,279 | $543,100 | Compare |
| Medford | 85,794 | $70,497 | $387,000 | Compare |
| Springfield | 61,642 | $67,211 | $323,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Oregon
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Portland
What is the population of Portland, OR?
The population of Portland, OR is 642,715 according to the latest Census data.
What is the median household income in Portland?
The median household income in Portland, OR is $88,792 per year.
What is the median home value in Portland?
The median home value in Portland, OR is $557,600.
What is the average rent in Portland?
The median monthly rent in Portland, OR is $1,596.
What is the unemployment rate in Portland?
The unemployment rate in Portland, OR is 5.5%.