Report Shows Rapid Growth

Screen Shot 2016-06-22 at 9.29.37 PMThe most recent population estimates from the U.S. Census Bureau show the State of Oregon and the Portland metro area in particular growing fast.

Portland has now passed Oklahoma City and Baltimore in population to become the 26th largest city in the country.  With the Rose City’s population growing at the rate of 1.92% a year, Portland has claimed the 3rd highest growth rate for cities north of the Sun Belt, being outpaced only by Seattle and Denver.

In Washington County, Hillsboro gained nearly 3,000 new residents from 2014 to 2015, more than any city in the state after Portland. It is now the third largest city in the Portland Metro Area with Portland ranked first and Gresham second. There are currently five cities in the State of Oregon with more than 100,000 people: Portland (632,309 ), Eugene (163,460), Salem (164,549), Gresham (110,109), and Hillsboro (102,347).

Happy Valley had the highest percentage of growth in the Portland region – 7.08% – adding over 1,200 new residents from 2014 to 2015.

The Census Bureau estimates that almost 9,000 new homes, apartments, and condos were added from July 2014 to July 2015 in Clackamas, Multnomah, and Washington counties.  Of these new homes, half are located in Multnomah County.

However, according to Nick Christensen of Metro, the Census Bureau may actually be underestimating Portland’s overall growth.  The Portland Bureau of Planning and Sustainability recently reported that almost 6,000 new homes, apartments, and condos were built in the Rose City alone.