Oregon, known for its breathtaking landscapes and vibrant culture, is also home to some of the wealthiest cities in the United States. From the bustling streets of Portland to the serene coastal towns, these cities offer a diverse range of opportunities and attractions.

In this article, we will delve into the top 16 richest cities in Oregon, highlighting their unique qualities, economic opportunities, and local attractions. From median home prices and outdoor recreation to economic industries and cultural landmarks, each city has something special to offer.

Top 16 Richest Cities in Oregon

  • Lake Oswego
  • Portland
  • Bend
  • West Linn
  • Lake Grove
  • Sherwood
  • Happy Valley
  • Beaverton
  • Ashland
  • Corvallis
  • Medford
  • Salem
  • Eugene
  • Hillsboro
  • Gresham
  • Springfield

Lake Oswego

Richest Cities in Orego

  • Population: 39,532
  • Median Income: $101,629
  • Unemployment Rate: 2.7%
  • Poverty Rate: 3.6%
  • More on Lake Oswego: Real Estate

Nestled along the banks of the picturesque Oswego Lake, Lake Oswego stands out as a thriving city with a strong economy. Its median income of $101,629 reflects the presence of various industries, including technology, finance, and tourism. The city boasts an array of employment opportunities, attracting professionals from diverse backgrounds.

Lake Oswego is renowned for its excellent school system, with top-rated public and private institutions. Outdoor enthusiasts can explore the scenic wonders of Tryon Creek State Natural Area or take part in water activities on Oswego Lake.

The vibrant downtown area showcases an array of boutiques, art galleries, and gourmet restaurants, creating an exceptional shopping and dining experience.

Portland

  • Population: 654,741
  • Median Income: $70,944
  • Unemployment Rate: 4.2%
  • Poverty Rate: 13.4%
  • More on Portland: Real Estate

As the largest city in Oregon, Portland offers a dynamic blend of urban amenities and natural beauty. While the median income of $70,944 reflects a diverse range of industries, including technology, finance, and the arts, the city prides itself on its unique cultural scene and progressive values.

Portland is renowned for its vibrant food culture, with an abundance of local eateries, food carts, and craft breweries. The city is also home to various artistic attractions, such as the Portland Art Museum and the Oregon Symphony.

Outdoor enthusiasts can explore Forest Park, one of the largest urban forests in the country, or take a stroll along the scenic Willamette River.

Bend

  • Population: 100,421
  • Median Income: $68,592
  • Unemployment Rate: 4.1%
  • Poverty Rate: 9.2%
  • More on Bend: Real Estate

Nestled in the high desert of central Oregon, Bend is a paradise for outdoor enthusiasts. With a median income of $68,592, the city attracts residents who value a balanced lifestyle and natural beauty. Bend's economy thrives on tourism, technology, and the energy sector, making it an ideal destination for professionals seeking diverse job opportunities.

Bend offers a myriad of recreational activities, such as hiking, mountain biking, skiing, and fishing. The city is also home to the renowned Deschutes Brewery, where visitors can sample craft beers and enjoy live music.

The Old Mill District, a vibrant shopping and entertainment center, features an array of boutiques, restaurants, and a riverfront amphitheater.

West Linn

  • Population: 26,391
  • Median Income: $128,450
  • Unemployment Rate: 2.8%
  • Poverty Rate: 3.3%
  • More on West Linn: Real Estate

Nestled along the banks of the Willamette River, West Linn is a charming city that offers a tranquil escape from the hustle and bustle of urban life. With a median income of $128,450, the city thrives on a diverse range of industries, including technology, finance, and healthcare.

West Linn is renowned for its natural beauty, with scenic parks such as Mary S. Young Park and Willamette Falls providing opportunities for hiking, picnicking, and wildlife viewing. The city's historic downtown district is home to a variety of boutique shops, cafes, and art galleries.

Residents and visitors can also explore the Willamette River by kayaking or paddleboarding.

Lake Grove

  • Population: 8,363
  • Median Income: $94,951
  • Unemployment Rate: 3.2%
  • Poverty Rate: 4.6%

Located within the city of Lake Oswego, Lake Grove is a close-knit community that offers a high quality of life. With a median income of $94,951, Lake Grove benefits from the economic opportunities of its parent city while retaining its small-town charm.

Lake Grove is home to a variety of local attractions, including the beautiful George Rogers Park, where visitors can enjoy waterfront views, picnic areas, and walking trails. The nearby Lake Grove Village Center offers a range of shops, restaurants, and services, fostering a strong sense of community.

The city is also known for its highly regarded Lake Oswego School Districtand its commitment to providing excellent education to its residents.

Sherwood

Richest Cities in Orego

  • Population: 20,246
  • Median Income: $101,198
  • Unemployment Rate: 3.3%
  • Poverty Rate: 4.5%
  • More on Sherwood: Real Estate

Situated in the Tualatin Valley, Sherwood is a welcoming city that offers a family-friendly atmosphere and a strong sense of community. With a median income of $101,198, the city thrives on a diverse range of industries, including technology, finance, and manufacturing.

Sherwood provides numerous recreational opportunities, with its expansive parks and green spaces. The Sherwood Family YMCA offers fitness programs and activities for all ages, while Sherwood's Old Town provides a charming setting for exploring local shops and restaurants.

The city is also known for its highly regarded Sherwood School District, ensuring excellent educational opportunities for its residents.

Happy Valley

  • Population: 20,826
  • Median Income: $124,762
  • Unemployment Rate: 2.5%
  • Poverty Rate: 3.7%
  • More on Happy Valley: Real Estate

Happy Valley, located just southeast of Portland, is a rapidly growing city that offers a high standard of living and abundant economic opportunities. With a median income of $124,762, the city benefits from a diverse range of industries, including technology, finance, and healthcare.

Happy Valley is surrounded by natural beauty, with its proximity to Mount Hood National Forest and the Columbia River Gorge. Residents can enjoy outdoor activities such as hiking, biking, and skiing.

The city also boasts the Clackamas Town Center, a premier shopping destination with a wide array of stores, restaurants, and entertainment options.

Beaverton

  • Population: 100,641
  • Median Income: $66,647
  • Unemployment Rate: 4.3%
  • Poverty Rate: 9.9%
  • More on Beaverton: Real Estate

Located just west of Portland, Beaverton is a city that combines a rich cultural scene with technological innovation. While its median income of $66,647 may be lower compared to some other cities on this list, Beaverton's economic opportunities are fueled by its diverse industries, including technology, manufacturing, and healthcare.

Beaverton is home to the prestigious Oregon State University, which contributes to the city's intellectual and research-driven atmosphere. The city also boasts the Nike World Headquarters, a global icon in sports apparel and innovation.

Outdoor enthusiasts can explore the Tualatin Hills Nature Park or enjoy recreational activities at the popular Cooper Mountain Nature Park.

Ashland

  • Population: 21,263
  • Median Income: $57,100
  • Unemployment Rate: 2.8%
  • Poverty Rate: 15.6%
  • More on Ashland: Real Estate

Nestled in the heart of the Rogue Valley, Ashland is renowned for its cultural vibrancy, natural beauty, and thriving theater scene. Home to the prestigious Southern Oregon University, this city offers a diverse range of economic opportunities.

While the median income may be lower compared to other cities on this list, Ashland compensates with its quality of life. Residents enjoy the natural splendor of Lithia Park, a 93-acre oasis boasting trails, gardens, and a tranquil duck pond. The Oregon Shakespeare Festival, attracting theater enthusiasts from around the world, showcases the city's commitment to the arts.

With a charming downtown area lined with boutique shops, galleries, and restaurants, Ashland truly captures the essence of an idyllic Oregonian community.

Corvallis

  • Population: 60,479
  • Median Income: $51,818
  • Unemployment Rate: 3.9%
  • Poverty Rate: 19.5%
  • More on Corvallis: Real Estate

Home to Oregon State University, Corvallis is a vibrant city that blends academic excellence with a strong sense of community. Its diverse range of industries, including technology, healthcare, and agriculture, contribute to its economic stability.

The city offers a plethora of outdoor recreation opportunities, with the nearby Willamette River providing a scenic backdrop for activities such as kayaking and fishing. Corvallis is also known for its commitment to sustainability, with numerous parks, bike paths, and green spaces.

The Saturday Farmers' Market, where locals gather to support local growers and artisans, showcases the city's dedication to a sustainable and vibrant food culture.

Medford

  • Population: 82,347
  • Median Income: $43,508
  • Unemployment Rate: 4.2%
  • Poverty Rate: 18.6%
  • More on Medford: Real Estate

Located in the heart of the Rogue Valley, Medford is a thriving city with a strong economy fueled by a diverse range of industries, including healthcare, manufacturing, and tourism. With its lower median income, Medford offers affordable housing options while still providing economic stability.

The city is home to the renowned Rogue Community College, which caters to both traditional and non-traditional students seeking educational opportunities. Nature enthusiasts can explore the stunning Crater Lake National Park, just a short drive away, offering breathtaking vistas and outdoor adventures.

Medford's vibrant downtown scene, with unique shops, restaurants, and entertainment venues, adds to the city's appeal.

Salem

  • Population: 173,442
  • Median Income: $49,062
  • Unemployment Rate: 4.5%
  • Poverty Rate: 20.6%
  • More on Salem: Real Estate

As the capital of Oregon, Salem blends rich history with modern opportunities. The city boasts a diverse range of industries, including government, education, healthcare, and agriculture. The picturesque Willamette University, one of the oldest universities on the West Coast, adds an academic and cultural dimension to the city.

Outdoor enthusiasts can explore the scenic Riverfront Park, offering trails, picnic areas, and stunning views of the Willamette River.

Salem's vibrant downtown area features the Salem Center shopping mall, where residents can indulge in retail therapy and enjoy a wide array of dining options.

Eugene

Richest Cities in Orego

  • Population: 177,010
  • Median Income: $46,035
  • Unemployment Rate: 3.9%
  • Poverty Rate: 24.2%
  • More on Eugene: Real Estate

Eugene, often referred to as the "Emerald City," is a dynamic urban center nestled amidst the breathtaking beauty of the Willamette Valley. Home to the University of Oregon, Eugene benefits from a vibrant arts and culture scene, as well as a thriving sports community.

The city's diverse economy encompasses technology, healthcare, and outdoor recreation industries. Alton Baker Park, a sprawling green space along the Willamette River, offers opportunities for hiking, biking, and wildlife observation.

The Fifth Street Public Market, a charming shopping district, showcases local artisans and boutique shops, adding to Eugene's unique charm.

Hillsboro

  • Population: 110,985
  • Median Income: $73,647
  • Unemployment Rate: 3.5%
  • Poverty Rate: 8.7%
  • More on Hillsboro: Real Estate

Hillsboro, located just west of Portland, is a city known for its thriving technology industry. It is home to several major technology companies, including Intel, which has a large presence in the area. This has contributed to a high median income for residents. The city also offers a diverse range of employment opportunities in other sectors such as healthcare, education, and manufacturing. Hillsboro is proud of its strong education system, which includes the notable Pacific University and the Hillsboro School District.

Outdoor enthusiasts can explore the beautiful Tualatin Hills Nature Park, with its miles of trails and diverse wildlife. For those seeking entertainment and shopping, the Streets of Tanasbourne is a popular destination, featuring a variety of shops, restaurants, and entertainment venues. Hillsboro is a city that seamlessly combines economic opportunities with natural beauty and modern amenities.

Gresham

  • Population: 112,690
  • Median Income: $54,778
  • Unemployment Rate: 3.9%
  • Poverty Rate: 16.1%
  • More on Hillsboro: Real Estate

Gresham, located east of Portland, is a city that offers a balance of affordability and economic opportunities. Its diverse economy encompasses industries such as healthcare, education, retail, and manufacturing. The median income may be lower compared to some other cities on this list, but Gresham compensates with a lower cost of living. The city is home to Mount Hood Community College, providing educational opportunities to its residents.

Outdoor enthusiasts can explore Powell Butte Nature Park, offering hiking and biking trails with stunning views of the surrounding landscape. The Historic Downtown Gresham area is a vibrant hub, featuring local shops, restaurants, and the Gresham Farmers' Market. Gresham's sense of community and affordability make it an attractive place to live and work in Oregon.

Springfield

Richest Cities in Orego

  • Population: 62,353
  • Median Income: $45,032
  • Unemployment Rate: 4.9%
  • Poverty Rate: 17.1%
  • More on Springfield: Real Estate

Located in the scenic Willamette Valley, Springfield is a thriving city with a rich history and a strong sense of community. The city's economy is driven by a diverse range of industries, including healthcare, manufacturing, and education. The presence of PeaceHealth Sacred Heart Medical Center contributes to the city's healthcare sector. Springfield is also home to Lane Community College, providing educational opportunities to its residents.

Outdoor enthusiasts can enjoy the picturesque Willamette River, which offers opportunities for boating, fishing, and scenic walks along its banks. The city's downtown area features unique shops, restaurants, and the Springfield Museum, showcasing the history and culture of the area. Springfield's affordability and community spirit make it an appealing destination for those seeking a balanced lifestyle.