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Parkrose Apartments For Rent in Portland, OR

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Apartments for Rent in Portland, OR

Portland is a large city in Oregon with slightly more than 630,000 residents. Young professionals can expect to fit right in, as they account for an above-average 20% of the community. Overall, the city's population, with an average age of just over 38, is younger than most cities in Oregon. By a narrow 54%-47% margin, homeowners slightly outnumber renters in Portland. Relatively high rent costs may play a role, as the average rent is substantially higher than the state average of $1,077/month.

Portland has a high number of residents over the age of 25 with advanced degrees compared to the national average (7%), as 11% possess a Master's degree or a Doctoral degree. Furthermore, 21% possess a Bachelor's degree, which also outpaces the national average. There are five primary industries in Portland: healthcare, retail, scientific, entertainment, and education. Together, these industries make up 33% of the labor force in the city. Meanwhile, in terms of job function, 8% of the city's population works in management, which ranks as the top profession in the city. Portland workers earn an average annual income of just over $78K, about $7,000 more than the state average. The city's average income also compares favorably to the national average ($73,345).

Averaging about 28 minutes, the commute time for Portland residents is slower than the state average of about 25 minutes. Driving is the prevailing way to get to work, opted for by 35% of commuters, while public transit is used by just 7% of the city. Walking (3%) isn't a common method of commuting to work, though the number does exceed the national average.