Fact text

  • Portland got its name from a literal coin toss, and the lucky penny that decided it is still on display at the Oregon Historical Society.
  • The city was originally nicknamed 'Stumptown' because settlers chopped down so many trees just to clear space to build it.
  • Portland has been called the 'City of Roses' for over a century, because the climate is so perfect for growing them.
  • Portland opened the first steel bridge on the entire West Coast back in 1888, and a successor bridge still stands today.
  • In 1889, The Oregonian newspaper called Portland 'the most filthy city in the Northern States', quite the headline for the tourism brochure.
Your
Portland
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
Stat icon
650380
+
Total Population
Stat icon
$
73159
Median Income
Stat icon
$
438500
Median Home
Stat icon
13
%
Age 65+
Retirement Suitability
How
Portland
ranks for retirees?
34
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
8
Affordability
15
Healthcare
56
Climate
73

Results

Portland

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

Oregon does not tax Social Security benefits and charges no state sales tax, though retirees with other income sources will still owe Oregon state income tax.

State sales tax here runs about

0

%.

Source · Tax Foundation
8
0
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
15

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
15
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
56

The area has

6

Medicare-certified hospitals, averaging a

4

/5 CMS quality rating.

Source · CMS Hospital Compare
4
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
73

A

Temperate

climate — summers peak near

78

°F, winters dip to about

37

°F, with roughly

3

″ of snow a year.

Source · NOAA Climate Normals
Temperate
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively High

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively High

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