POPULATION: 3,791,075 (PSU 7/2008)
LABOR FORCE: 1,986,238 (Oct. 2008)
RIGHT TO WORK: No
TRADITIONAL INDUSTRIES: Agriculture, timber
EXPANDING INDUSTRIES: Green energy manufacturing, aerospace, high-tech/semiconductors, software, wood products, biomedical technology, transportation equipment, primary and fabricated metals
COLLEGE GRADUATES: (Age 25 and over) 31.7%
BASIC BUSINESS TAXES:
Corporate Excise Tax: 6.6 percent on net Oregon income of corporations doing business in the state; 7.9 percent on amounts over $250,000
Sales and Use Tax: None
Property Tax: Privately owned real estate and personal property used to produce income are subject to tax by local taxing districts such as schools, cities, and counties. Statewide property tax limitation of approximately 1.5 percent of real market value. Annual increases are limited to 3 percent
BUSINESS INCENTIVES:
Enterprise zones
Enhanced enterprise zones
E-commerce zones
Commercial Properties Under Construction property tax exemption
Business Energy Tax Credit
Research Tax Credit
Oregon Investment Advantage tax exemption
Strategic Investment Program
for Capital-Intensive Industries
Job Training Program
Industrial Development Bond Program
Oregon Business Development Fund
Oregon Port Revolving Loan Fund
Oregon Capital Access Program
Oregon Entrepreneurial Development Loan Fund
Oregon Credit Enhancement Fund
Foreign-trade zones
Food processing equipment exemption