Overview of Oregon

State Funds Budget Data

• Estimated 2023 State Funds Budget ($ Billions): $47.06
• Budget Limit ($ Billions): $49.25
• Budget Limit Growth ($ Billions): 4.65%
• Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $5,326.56
• Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $21,306
• Cumulative cost per person of budgeting more than pop+inf over the last decade: $27,526.84
• Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $110,107.37

State All Funds Budget Data

• Estimated 2023 All Funds Budget ($ Billions): $70.97
• Budget Limit ($ Billions): $74.27
• Budget Limit Growth ($ Billions): 4.65%
• Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $7,026.13
• Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $28,104.54
• Cumulative cost per person of budgeting more than pop+inf over the last decade: $31,062.15
• Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $124,248.59

Other Considerations

• Economic Freedom (2020) (Rank): 46 [Fraser Institute]
• State Tax Collections Per Capita (FY2021) ($): $4,192 [Tax Foundation]
• State Tax Collections Per Capita (FY2021) (Rank): 13 [Tax Foundation]
• State-Local Total Tax Burden per Capita (2022) ($): $6,572 [Tax Foundation]
• State-Local Tax Burden per Capita (2022) (%): 10.80% [Tax Foundation]
• State-Local Tax Burden per Capita (2022) (Rank): 31 [Tax Foundation]
• Top Income Tax Rate (2023) (%): 9.90% [Tax Foundation]
• Top Income Tax Rate (2023) (Rank): 46 [Tax Foundation]
• Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): P [Tax Foundation]
• Overall State Business Tax Climate Index (2023)(Rank): 24 [Tax Foundation]
• Corporate Income Top Tax Rate (2023) (%): 7.60% [Tax Foundation]
• Corporate Income Top Tax Rate (2023) (Rank): 14 [Tax Foundation]
• State-Local Sales Tax Rate (2023) (%): 0% [Tax Foundation]
• State-Local Sales Tax Rate (2023) (Rank): 47 [Tax Foundation]
• Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 0.93% [Tax Foundation]
• Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 24 [Tax Foundation]
• Tax and Expenditure Limit (0-3): 2 [American Legislative Exchange Council]
• Tax and Expenditure Limit (Rank): 3 [American Legislative Exchange Council]
• Right-to-Work Law (2022) (Y/N): N [American Legislative Exchange Council]
• State-Local Spending per Capita (2022) ($): $17,503 [US Government Spending]
• State-Local Spending per Capita (2022) (Rank): 46 [US Government Spending]
• Official Poverty Rate (2020-22) (%): 9.5 [Census Bureau]
• Official Poverty Rate (2020-22) (Rank): 20 [Census Bureau]
• Supplemental Poverty Rate (2020-22) (%): 7.4 [Census Bureau]
• Supplemental Poverty Rate (2020-22) (Rank): 16 [Census Bureau]
• Labor Force Participation Rate (Dec. 2022) (%): 62.90% [Bureau of Labor Statistics]
• Labor Force Participation Rate (Dec. 2022) (Rank): 23 [Bureau of Labor Statistics]