Oregon is Growing and so is the Silicon Forest in Portland

Oregon is Growing and so is the Silicon Forest in Portland

Oregon is becoming the place to move to for many reasons. It has been the place people from out of state have chosen to move to for the last three years. Most of these newbies can see that Oregon and Portland are loaded with everything they want in a place to live.

Californians Are Choosing Portland

Of all the 50 states, most of the new residents are coming from California. Surprisingly, buying a house or renting one in the Portland area has significantly increased during the last few years. Although it is not nearly as high in cost as in the Golden State, there are other perks. For example, one great draw is that there is no sales tax in Oregon as opposed to the high sales tax in California. For businesses, you can hire five full-time employees while paying little state business tax for up to eight years. If you are a large capital investor, you can get exemptions from your property taxes for 15 years.

Let A Long-Distance Moving Company Do The Work For You

Depending on your possessions, and if you are a family or a business, you will need to choose a long-distance moving company. This will rid your mind of any anxiety about the move. It will also prepare you for entering a whole new world in a new state which has a little bit of everything to offer you.

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The Future Movers to Portland

During the years 2014 to 2015, more than 40,000 people moved to Portland. This averages 111 people a day. This equals a 19 percent increase over the population increase between 2013 and 2014. Portland is presently 23rd on the list of the largest metro areas in the nation. Approximately 50 percent of the growth is domestic, and 15 percent are international arrivals.

Millennials Are Making The Move

Chances are, as you look at your move to Portland, you are a millennial. Therefore this will most likely be a long-term move. Millennials are moving to the state in unprecedented numbers. One reason for this is the boom in the technology as well as creative marketing industries. Portland is now home to many technology industries, which has resulted in Portland being nicknamed “Silicon Forest.” The good jobs are bringing in highly educated millennials. In 2012, the Silicon Forest had almost 35,000 more 25-34 years olds, holding a bachelor’s degree than it had at the turn-of-the-century.

Livability Is At The Top Of The Chart

Some other interesting facts about Portland include the fact that 85 percent of the population is within a 10-minute walk to a park. It is ranked first for public transportation. Portland ranks 6th as the best city in the US. More impressive, Portland ranks 24th as one of the best cities in the world.

The Portland Talent Pool Is Extraordinary

Amazingly, the employment rate in Portland is a low 3.1 percent. The population has a whopping 86,000 people working in a high-tech industry. An astounding 50 percent of the labor pool hold science and engineering degrees while 177,000 people are employed in manufacturing.

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Millennials Find Many Features They Enjoy

Portland, the City of Roses, offers many things for which millennials are seeking. One such feature is an excellent transportation infrastructure. It is also known as one of the great innovative states for urban planning. People find the Rose City pedestrian-friendly. The blocks are quite small, just 200 feet. It is also an excellent place for bikers to navigate their way around the city.

Portland, Oregon, has much more than technology and roses to offer. It is also a beautiful city which has something to offer every family member and friend. The thing is, you need to visit the state to find out for yourself.

 

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