GDP
Oregon's GDP reached about $304 billion in 2023, ranking 24th among U.S. states, powered by semiconductor manufacturing and apparel headquarters.
Real GDP (chained 2017 dollars)
1997–2025BEA, chained 2017 dollars (FRED ORRGSP).
| Indicator | Oregon | U.S. |
|---|---|---|
| GDP (USD B) | 304 | 27700 |
- •Intel's largest global campus is in Hillsboro, Oregon.
- •Nike is headquartered near Beaverton, Oregon.
GDP Growth
Oregon's real GDP grew about 2.5% in 2023, buoyed by semiconductor investment and technology sector expansion.
Real GDP growth
1998–2025Annual % change in BEA real GDP (ORRGSP).
| Indicator | Oregon | U.S. |
|---|---|---|
| GDP growth (%) | 2.5 | 2.9 |
Personal Income
Oregon's total personal income surpassed $260 billion in 2023, reflecting steady wage growth in the technology and healthcare sectors.
Per capita personal income
1970–2025BEA, current dollars (FRED ORPCPI).
| Indicator | Oregon | U.S. |
|---|---|---|
| Personal income (USD B) | 260 | 23000 |
Median Household Income
Oregon's median household income is $76,632, ranking 17th nationally, buoyed by high-paying tech jobs in the Portland metro.
Median household income (CPS)
1984–2025Census CPS ASEC, current dollars (FRED MEHOINUSORA646N).
| Indicator | Oregon | U.S. |
|---|---|---|
| Median household income (USD) | 76632 | 77719 |
Poverty Rate
About 12.1% of Oregonians live below the poverty line, close to the national average, with higher rates in rural counties.
Poverty rate, all ages (SAIPE)
1989–2024Census Small Area Income and Poverty Estimates (FRED PPAAOR41000A156NCEN).
| Indicator | Oregon | U.S. |
|---|---|---|
| Poverty rate (%) | 12.1 | 12.5 |
Inflation
Consumer prices in the Portland metro rose about 3.1% year-over-year in 2023, roughly in line with the national inflation rate.
CPI inflation, U.S.
2007–2024BLS CPI-U U.S. city average, annual average change (CPIAUCNS).
CPI inflation, West region
2007–2025BLS CPI-U all items, West region, annual average change (CUUR0400SA0).
| Indicator | Oregon | U.S. |
|---|---|---|
| Inflation rate (%) | 3.1 | 3.4 |
Economic Output
Oregon's GDP per capita is about $71,700, reflecting a high-value technology and manufacturing base concentrated around Portland.
Nominal GDP (current dollars)
1997–2025BEA, current dollars (FRED ORNGSP).
| Indicator | Oregon | U.S. |
|---|---|---|
| GDP per capita (USD) | 71700 | 82700 |
Industry Breakdown
Oregon's economy is led by semiconductor manufacturing, apparel and footwear headquarters (Nike), agriculture and forestry, and a growing tourism and craft beverage sector.
Government jobs
1990–2025BLS Current Employment Statistics, annual average (FRED ORGOVT).
Manufacturing jobs
1990–2025BLS Current Employment Statistics, annual average (FRED ORMFG).
Construction jobs
1990–2025BLS Current Employment Statistics, annual average (FRED ORCONS).
| Indicator | Oregon | U.S. |
|---|---|---|
| Manufacturing share of GDP (%) | 15 | 11 |