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Hillsboro Demographic and Economic Data

Founded in 1842, Hillsboro is a technology and manufacturing hub for the Portland Metropolitan region. Since 1950, it has grown from 5,000 to over 110,000 due to diverse industries and job growth that consistently out performs the region and US. Today, Hillsboro is Oregon's fifth largest city and has one of the healthiest economies in the Northwest. Also, it happens to be one of the most affordable locations on the west coast.

Economic Strengths

Leading edge industries with strong export orientation
Job growth that consistently outpaces the region and US
One of the few regions offering large industrial and commercial sites

Talent & Workforce Strengths

Residents with a higher than average educational attainment
Residents with a higher than average labor force participation rate
High concentrations of key jobs that drive economic expansion (e.g. engineers, software developers, scientists, and skilled production technicians)

Demographic Strengths

The fifth largest city in Oregon
One of the most ethnically diverse populations in the state
A younger than average median age with a labor force positioned for long-term growth

Population


	Oregon	Portland MSA	Hillsboro
Population	4,267,261	2,537,901	111,006
Labor Force Participation Rate (2023)	62.4%	67%	73%
Percentage of Population Over 25 with Bachelor’s Degree or Higher	36.2%	43.8%	42%
Median Age	40.1	39.1	34.8
Labor Force 2025	2,214,014	1,382,443	64,282
Source: 2024 PSU Population Research Center,2023 ACS 5-year Estimate; Oregon Employment Department Bureau of Labor Statistics

Median Household Income


City	Income
Hillsboro	$103,207
Portland MSA	$94,573
Oregon	$80,426
Source: US Census Bureau, American Community Survey 2023 5-Year Estimates.

Cost of Living Comparison

The estimated median home value in Hillsboro is $535,000 and its cost of living index is 128.1.

City/Region	2025 Cost of Living Index	Median Home Prices
Hillsboro, OR	128.1	$535,000
Portland, OR	116.8	$540,000
Seattle, WA	144.5	$786,000
San Francisco, CA	165.3	$1,100,000
San Jose, CA	181.0	$1,300.000
Source: Realtor.com, July 2025; Council for Community and Economic Research, 2025 .