Industry News

Census numbers show how economic rebound has changed Portland

By Elliot Njus | The Oregonian/OregonLive

The Portland region’s strong rebound from the Great Recession has already dramatically reshaped the metro area over the last decade, new Census numbers show, and the stage is set for more growing pains in the years ahead.

The numbers from the Census Bureau’s American Community Survey, released Thursday, shed new light on how the broad-based economic recovery has affected the region’s neighborhoods and cities.

A buzzing economy has attracted a flood of new residents, and few parts of the metro have escaped the resulting population growth.

The metro area’s median household income, meanwhile, still lagged those observed early in the recession. But the impact was uneven, with some neighborhoods seeing big increases in wages.

Click here to continue reading.

Related posts

Spruce up a home’s exterior with painting


How to answer these 7 common first-time homebuyer questions


NAR launches season 2 of First-Time Buyer video series