Portland isn't just a city; it's a lifestyle. Imagine stepping out of your front door and having almost everything you need within easy reach, a reality reflected in our remarkable Walk Score of 99 out of 100. Cyclists and public transit users thrive here too, with Bike and Transit Scores of 91 and 93, respectively. While our median home value of $495,000 is higher than the national average, the cost of living is tempered by a healthy median household income of $71,005 and refreshingly low median rent of $768. Portland is an up-and-coming city, pulsing with youthful energy, offering a vibrant nightlife scene, and an undeniable cool factor.
From an investment perspective, Portland presents a compelling case. Although our homeownership rate is low, the city's appeal to renters, combined with an unemployment rate of 4.9%, suggests a stable and growing demand for housing. Property crime, at 35.4 incidents per 1,000 residents, is a factor to consider, but violent crime is relatively low at 2.9 per 1,000 residents. Portland is best suited for those who embrace an active, urban lifestyle, prioritizing walkability and a strong sense of community.
Beyond the urban buzz, Portland boasts an exceptional quality of life. The air quality is excellent, with an Air Quality Index of 28, and the noise level is remarkably quiet. The city's mild climate and abundance of green spaces enhance the overall appeal. With electricity rates at a reasonable 10.7¢/kWh and a plethora of local breweries, coffee shops, and independent businesses, Portland offers a unique blend of urban vitality and Pacific Northwest charm.
Median Home Value
$495,000
Median Income
$71,005
Population
652,503
Walk Score
99
Air Quality
AQI 28
Good
Climate Risk
Very High
- Population
- 652,503
- Median Age
- N/A
- Median Household Income
- $71,005
- Bachelor's Degree+
- N/A
- Poverty Rate
- N/A
- Median Home Value
- $495,000
- Median Rent
- $768
- Homeownership Rate
- 2.0%
- Affordability Index
- N/A
- Violent Crime Rate
- 2.9 per 1K
- Property Crime Rate
- 35.4 per 1K
- AQI
- 28
- Category
- Good
- Overall Risk
- Very High
- Risk Score
- 99.7
Top Hazards
- Overall
- Quiet
- Road Traffic
- 0 dBA
- Aviation
- 0 dBA
- Rail
- 0 dBA
- Electricity Rate
- 10.7¢/kWh
- Est. Monthly Electric
- $96
- Unemployment Rate
- 4.9%
- Poverty Rate
- N/A
Weather & Climate in Portland
Avg High
63°F
Avg Low
46°F
Annual Rainfall
56.9"
Avg Humidity
74%
Political Landscape
→ Politically stable
Based on Multnomah County county-level presidential election data
Culture & Things to Do in Portland
Portland Rose Festival
A month-long celebration featuring parades, a carnival, and rose shows.
Waterfront Blues Festival
A popular blues music festival held annually on the waterfront.
Feast Portland
A food and drink festival showcasing local and national chefs.
PDX Beer Week
A week dedicated to celebrating Portland's thriving craft beer scene.