The numbers, gleaned from income tax returns, suggest high earners led Portland’s population decline during the pandemic.
Doing the math so you don’t have to…
$1,000,000,000 in salaries.
14,257 tax filers.
$1B / 14,257 = $70,140.98 in salary per person that moved out.
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I’m going to bail out of Multnomah county too as soon as rates drop enough. I’m already seriously looking. I’m ok keeping a Portland address as long as my property taxes aren’t going to Multnomah county. As long as I can access downtown easily, and have more outdoor space, that’s all I care about. Westside here I come!