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PORTLAND MARKETFLASH

Big city households flock to Portland
APRIL 22, 2021

Increased domestic migration was one of many results of the COVID-19 pandemic, as flexible work environments and labor market shifts permitted record levels of workforce mobility. The Portland metro benefited from this national migration, attracting households from more expensive west coast markets, according to data from the United States Postal Service. Net migration from the Bay Area accounted for over 3,000 address changes to Portland, while residents of Seattle, Los Angeles and New York were the next largest contributors to Portland’s influx of residents. Total relocations into Portland exceeded those moving out, but local residents also left for suburban and exurban areas—with Bend and Salem accounting for a net outflow of over 2,200 households. Portland’s affordability and recent tech hiring is likely to further attract young, educated households as remote work continues into 2021.
2020 Portland Migration: Largest Net Inflow and Outflow 
Source: USPS, CBRE Research, Q2 2021.
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