Multnomah County, OR Economy


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Multnomah County is located in Oregon and is part of the Portland metropolitan area. It's known for its diverse and vibrant neighborhoods, as well as its diverse population. The 2 bedroom rent in Multnomah County is higher than the US average with a cost of $1,840 compared to $1,430 across the country. Additionally, groceries have a slightly higher cost in the county with an index of 104 versus 100 nationally. There are many successful businesses located in Multnomah County including tech giants Intel and Nike, as well as smaller companies such as Fred Meyer and Banfield Pet Hospital.

Multnomah County has an unemployment rate of 7.0%. The US average is 6.0%.

Multnomah County has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 42.2%, which is higher than the US average of 33.5%.

Tax Rates for Multnomah County
- The Sales Tax Rate for Multnomah County is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Multnomah County is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Multnomah County
- The average income of a Multnomah County resident is $31,047 a year. The US average is $28,555 a year.
- The Median household income of a Multnomah County resident is $76,290 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMultnomah, OregonUnited States
  76
  -4.8%-6.2%
  42.2%33.5%
  0.0%6.2%
  9.0%4.6%
  $44,675$37,638
  $76,290$69,021
  $98,575$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  5.2%6.8%
  9.1%10.0%
  2.7%2.5%
  10.5%11.0%
  4.6%4.8%
  0.9%0.8%
  2.2%1.9%
  4.1%4.7%
  2.2%1.9%
  11.7%7.6%
  0.2%0.1%
  3.4%4.2%
  8.4%9.3%
  15.5%14.0%
  2.4%2.1%
  7.5%7.0%
  5.0%4.8%
  3.9%4.7%
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