Portland has been ranked #1 by Forbes in its annual analysis of Best Places for Business and Careers 2017. Portland’s outdoor scene, progressive politics and environmental friendliness is fueling a migration of young talent to the city.
The region boasts the 9th highest concentration of highly educated millennials. Household incomes are up 4% annually since 2011 and unemployment has fallen below 4% from its peak in 2009. The current median home price in Portland is $409,000, 70% lower than the 3rd place winner Seattle, whose current median home price is $695,600. 7.2% of all the jobs in Portland fall within the well-paid STEM fields (science, technology, engineering, and math), compared to the national average of 5.8%.