State Resources
Oregon Business Resources | ||||
Natural resources have historically been the engine that drove Oregon’s economy, thanks in large part to the state’s vast expanses of forest and a booming lumber industry. The first and second World Wars brought a wave of development to the state, which became an integral producer of ships, aluminum, food, and lumber. In recent years, Oregon has attempted to move away from natural resource dependence towards a mixed manufacturing and marketing economy. A number of high-tech firms are based in, or have major subsidiaries in Oregon. This concentration of firms has given rise to the so-called Silicon Forest area of Portland. Manufacturing today makes up the largest portion of GDP, with wood products topping the list of manufactured goods. Oregon’s top exports are computers and electronic components, crops, and transportation equipment, while its top export markets are Canada, Japan and China respectively. | ||||
Business Data | ||||
Per Capita Real GDP | $37,633 Rank: 18/50 (2006) | |||
Population | 3,421,400 Rank: 28/50 (2000) | |||
Per Capita Personal Income | $33,666 Rank: 28/50 (2006) | |||
Unemployment Rate | 5.50% Rank: 39/50 (2008) | |||
Business Tax Climate Index | Rank: 10/50 (2008) | |||
Corporate Tax Rate | 6.6% | |||
Individual Tax Rate | 5% - 9% | |||
Sales Tax Rate | 0% | |||
Business Tax Climate Index | ||||
Individual Income Tax Index Rank | 35 | |||
Sales Tax Index Rank | 4 | |||
Unemployment Insurance Tax Index Rank | 32 | |||
Property Tax Index Rank | 14 | |||
Business Tax Climate Index | 10 | |||
Corporate Tax Index Rank | 20 | |||
State Information | ||||
Abbreviation | OR | |||
Capital | Salem | |||
Nick Name | Beaver State | |||
State Web Site | http://www.oregon.gov | |||
Motto | She flies with her own wings | |||
Top 5 Export Partner Countries | Canada, China, Korea, South, Japan, Malaysia | |||
Top 5 Export Merchandise | Transportation Equipment Sales Computers and Electronic Products Sales Computers and Electronic Products Manufacturing Plastics and Rubber Products Manufacturing Electronic Equipment Manufacturing | |||
Major Cities | Eugene, Portland, Salem | |||
GDP | ||||
Total Gross Domestic Product (USD Millions) | $158,233.00 (2007) | |||
Per Capita Real GDP (USD) | $38,339.00 Rank: 18 (2007) | |||
Population Stats | ||||
Population | 3,790,060 Rank: 27 (2008) | |||
Age Distribution | ||||
Under 18 Population | 846,526 | |||
Under 18 Percent of Total Population | 25% | |||
65 and older Population | 438,177 | |||
65 and older Percent of Total Population | 13% | |||
Gender Distribution | ||||
Male Population | 49.6% | |||
Female Population | 50.4% | |||
Non-English Speaker (at home) | 301,033 | |||
Net International Immigration | 72,263 | |||
Birth Rate | 12.7% | |||
Percent of People Under Poverty Level | 14.1% | |||
Rank | 16 | |||
Expenditure | ||||
Per Capita State Spending | $23,396 | |||
Rank | 10 | |||
Energy Expenditures per Person | $3,320 | |||
Expenditures of State and Local Government Employee-Retirement Systems | $2,851,060 | |||
Revenue | ||||
Personal Income | $41,444 | |||
Rank | 28 | |||
State Internal Revenue Collection | $23,466,608 | |||
Rank | 28 | |||
Cash and Deposits by State Government | $2,868,210 | |||
Per Capita State Tax Collection | $2,074 | |||
Rank | 40 | |||
Education | ||||
High School Graduation Rate | 71.2% | |||
Rank | 28 | |||
Percent of Population with a Bachelor's Degree | 17.6% | |||
Rank | 21 | |||
Percent of Population with an Advanced Degree | 10% | |||
Rank | 16 | |||
Largest Universities | Portland State University University of Oregon, Eugene Oregon State University | |||
High School Graduation Rate | 71.2% | |||
Logistics | ||||
Public Road Length (Mile) | 64,358 | |||
Gas Tax Rate (%) | 24% | |||
Highway Planning and Construction (USD Thousands) | 376,965 | |||
Number of Public Airports | 139 | |||
Main Airports | PDX: Portland | |||
Ports | Coos Bay Portland | |||
Weather | MapView Larger Map | |||
State Business Links | ||||
The Oregonian | ||||
http://www.oregonlive.com/oregonian/ | ||||
Secretary of State | ||||
Oregon Secretary of State | ||||
http://www.sos.state.or.us/ | ||||
Archives Division, Audits Division, Corporation Division, Elections Division, Executive Division | ||||
Small Business Administration | ||||
Oregon Small Business Administration | ||||
http://www.sba.gov/localresources/district/or/index.html | ||||
The U. S. Small Business Administration (SBA) was created in 1953 as an independent agency of the Federal Government. Its purpose -- to aid, counsel, assist and protect the interests of small businesses; to preserve free competitive enterprise; and to maintain and strengthen the overall economy of our nation. Small business is critical to aiding our economic recovery, to building America's future, and to helping the United States compete in today's global marketplace. Through its extensive network of SBA resource partners and partnerships with other public and private organizations, SBA is here to help you -- the small business owner. | ||||
Top 10 Business Links | ||||
Agri-Business Council of Oregon (ABC) | ||||
http://www.aglink.org/ | ||||
The ABC is a private organization that supports the agricultural industry in Oregon. It runs several programs that serve to promote industry competition. Member services include discounts, marketing initiatives, and education workshops. | ||||
Oregon Business | ||||
http://www.oregon4biz.com/ | ||||
Maintained by the Oregon Economic and Community Development Department, Oregon Business provides information relating to the state economic environment. Information pertains to business and industry data, international expansion, and workforce development. The website also has a list of state and federal financial incentive programs. | ||||
Oregon Business Development Corporation | ||||
http://www.oregonbusinessdevelopment.org/ | ||||
This organization is a lending organization certified by the US Small Business Administration. It offers long-term fixed rate property and equipment financing for businesses that are looking to expand. | ||||
Oregon Business Magazine | ||||
http://www.oregonbusiness.com/ | ||||
Oregon Business is a monthly periodical that publishes news and commentary about the state business scene. Its website contains daily news updates, as well as stock listings. | ||||
Oregon Business Plan | ||||
http://www.oregonbusinessplan.org/ | ||||
Launched in 2002, the Oregon Business Plan is a collaborative effort to foster economic development in the state. It brings together the public and private sectors who drive initiatives towards this cause. The organization holds regular meetings and conferences that allow for networking opportunities with major players in the Oregonian economy. | ||||
Oregon eBizCenter | ||||
http://www.bizcenter.org/ | ||||
The center is a part of the Oregon SBDCs that focuses on providing assistance to current and potential small businesses in the state. It offers consulting for technological start-ups, resources for international business expansion, counseling, and training workshops. Services are free of charge, except for workshops and materials, that require a nominal fee. | ||||
Portland U.S. Export Assistance Center | ||||
http://www.buyusa.gov/oregon/ | ||||
The Portland branch of the Department of Commerce, serving Oregon, specializes in helping small to medium sized companies develop and execute exporting strategies. Fees vary and are based on the service being provided. | ||||