Places/OR/Multnomah County, OR
County profile

Multnomah County, OR

United States · GDP 2024
#59 of 3,127 US counties by GDP42nd-percentile growthmore diversified than 98% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$90.6B
BEA · 2024
GDP growth (YoY)
+3.7%
BEA · 2024
Jobs tracked
442,844
Census CBP · 2023
Employers
27,204
Census CBP · 2023
Avg. wage
$77.6k
BLS QCEW · 2023
Population
795,391
Census PEP · 2025
Labor, income & education
Unemployment
5.2%
Median HH income
$88.8k±$1.8k
Bachelor's degree+
48.9%±0.7%
Poverty rate
12.6%±0.5%
Business applications
16,110 · 2025
Retail establishments
2,783
35.0/10k pop
Industry mix · employment
Health care29%
Food & accommodation18%
Retail trade16%
Professional services14%
Transportation12%
Manufacturing11%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
795,391
residents · 2025 · -2.6% since 2020
Income per capita $79.0k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration37,128
International migration+14,526
Natural change+2,062

GDP trend

20192024 · nominal
$71.7B
2019
$70.8B
2020
$76.6B
2021
$82.5B
2022
$87.4B
2023
$90.6B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$552.7k±$6.1k
Median gross rent
$1.6k/mo±$16/mo
Vacancy rate
5.8%±0.4%
Affordability
7.1× wages
Residential permits
$405.2M
1,594 units · 2.0/1k pop
FEMA risk score
98.5
HUD Fair Market Rent (2BR):$1.9k/mo · 2026
TOP PERILS · FEMA NRI
Earthquake 100Landslide 97Heat wave 97
FHFA HOUSE PRICE INDEX · 20162025
1203
2016
1291
2017
1339
2018
1365
2019
1395
2020
1545
2021
1707
2022
1672
2023
1693
2024
1698
2025
RESIDENTIAL PERMITS · 20212025
-55% since 2021
3,547
2021
2,734
2022
3,607
2023
2,040
2024
1,594
2025

Transport access

BTS · FAA · USACE
Nearest interstate
0.8 km
I-84
Nearest freight rail
0.0 km
UP
Nearest port
1.8 km
GEORGIA PACIFIC CORP
Nearest commercial airport
14.6 km
PORTLAND INTL
Wage trend
BLS QCEW · 20192023
$77.6k
avg. annual pay · +25% since 2019
Nearby & same-state counties
by GDP rank
Washington$63.2BClackamas$30.4BMarion$23.9B
The read

What is the GDP of Multnomah?

Multnomah's economy produced $90.6B in 2024, growing 3.7% year over yearabout the middle of the pack among US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.