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State economy

Oregon economy

Oregon's unemployment rate was 5.0% in September 2026, down from 5.1% the month before and 5.3% a year earlier. That ranks 48 of 51 (1 = lowest); the national rate was 4.1%. Employers had 1.97 million jobs on their payrolls in September 2026, a loss of 1,300 (-0.1%) from a year earlier. Home prices (FHFA index) were +1.7% from a year earlier in Q2 2026. Median household income was $92,740 in 2025.

5.0%
unemployment rate
September 2026
Unemployment rate5.0%Rank 48 of 51 (1 = lowest)
10-year range3.4–13.7%Low Oct 2019 · high Apr 2020
Nonfarm jobs1.97M-0.1% in a year · rank 44
Home prices (FHFA)+1.7%1-year change · Q2 2026 · 5-yr +24%
Median household income$92,7402025 · rank 21 of 51

Oregon: unemployment rate

Oregon unemployment rateLine chart from Jan 1, 2006 to Sep 1, 2026. Latest 5.0%; high 13.7% on Apr 1, 2020; low 3.4% on Oct 1, 2019.2.5%5.0%7.5%10.0%12.5%15.0%20082010201220142016201820202022202420265.0%High 13.7%Low 3.4%

Oregon: jobs, change from a year earlier

Oregon nonfarm jobs, 12-month changeLine chart from Jan 1, 2001 to Sep 1, 2026. Latest -0.1%; high +10.3% on Apr 1, 2021; low -13.4% on Apr 1, 2020.-15%-10%-5%0%5%10%15%20052010201520202025-0.1%High +10.3%Low -13.4%

Oregon: home prices, change from a year earlier

Oregon FHFA house price index, 12-month changeLine chart from Jan 1, 2001 to Apr 1, 2026. Latest +1.7%; high +20.2% on Jan 1, 2006; low -10.4% on Jan 1, 2010.-20%-10%0%10%20%30%20052010201520202025+1.7%High +20.2%Low -10.4%

Oregon: median household income

Oregon median household incomeLine chart from Jul 1, 1984 to Jul 1, 2025. Latest $92,740; high $92,740 on Jul 1, 2025; low $21,400 on Jul 1, 1984.$20,000$40,000$60,000$80,000$100,0001990199520002005201020152020$92,740Low $21,400

Other states

AlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest VirginiaWisconsinWyoming

Sources: U.S. Bureau of Labor Statistics (unemployment, nonfarm payrolls; seasonally adjusted), Federal Housing Finance Agency (all-transactions house price index), U.S. Census Bureau (median household income, current dollars), via FRED. US unemployment rate: 4.1% (October 2026).