Oregon Paychecks Grow Slower Than the National Average, and Families Are Starting to Feel It

Despite outpacing the rest of the US since the Great Recession, Oregon’s income growth has slowed over the past two years, falling below the national average.

Oregon Income Growth Takes A Knock

During the pandemic, Oregon downshifted, and the effects are now evident in increased financial pressure and a decline in income growth.

Federal Reserve data reveal that, in 2024, Oregon’s median household income was nearly $90,000 . But in 2023 and 2024, incomes nationally grew over three times faster than Oregon incomes. Metric Latest figure Why it matters Oregon median household income ~$89,700 in 2024 High level, but recent growth has softened General Fund forecast change +$309.5M for 2025-27 Revenue outlook still positive despite slowdown Corporate Income Tax change +$266.9M Most of the fo