There are nearly 43,000 small businesses or firms with less than 50 employees, in the Portland Metro area 1. These same firms employ 255,294 people with a payroll of approximately $2.1 billion. Small businesses are the backbone of job creation.
How many businesses are in Portland Oregon?
|Total nonemployer establishments, 2018||X|
|All firms, 2012||75,583|
|Men-owned firms, 2012||37,655|
|Women-owned firms, 2012||29,074|
How many small businesses are in Oregon?
Oregon has 320,019 small businesses, according to the most current federal data available. Of those 320,019 small businesses in Oregon, 101,693 have employees. The remaining 218,326 are Oregon small businesses that have no employees.
What is considered a small business in Oregon?
Small businesses are defined as firms employing fewer than 500 employees.
What is the main industry in Portland?
Manufacturing. Portland is a national leader in specialized areas of manufacturing. Products include high tech electronics and specialty metal fabrication.
What percentage of Oregon’s population lives in Portland?
Approximately 47% of Oregon’s population resides within the Portland metropolitan area. Named after Portland, Maine, the Oregon settlement began to be populated in the 1830s, near the end of the Oregon Trail.
What is the population of the Portland area?
Portland-Vancouver-Hillsboro metro area population in the U.S. 2010-2020. In 2020, the population of the Portland-Vancouver-Hillsboro metropolitan area in the United States was about 2.51 million people. This is a slight increase from the previous year, when the population was about 2.49 million people.
What taxes do small businesses pay?
List of taxes for small businesses owners:
- Income tax. Federal and state taxes, as applicable.
- Self-employment tax. This covers social security and Medicare. …
- Payroll taxes. A small business must pay 7.25 percent of an employee’s gross payroll. …
- Capital gains taxes. …
- Property tax. …
- Dividend tax.
What are the taxes on a small business?
On average, the effective small business tax rate is 19.8%. However, businesses pay different amounts in taxes based on their entities. Generally, sole proprietorships pay a 13.3% tax rate, small partnerships pay a 23.6% tax rate, and small S-corporations face a 26.9% tax rate.
How much does an LLC cost in Oregon?
How much does it cost to form an LLC in Oregon? The Oregon Secretary of State charges a $100 fee to file the Articles of Organization. Oregon LLCs are also required to file an annual report each year with the Secretary of State. The filing fee for domestic LLCs is $100 and the fee for foreign LLCs is $275.
Who is the largest employer in Portland Oregon?
Metro Portland’s Major Employers
|2||NIKE Inc.||Unincorporated WA County / Beaverton|
|4||Precision Castparts Corp.||Portland|
Who is the biggest employer in Oregon?
Ranked by Employment in Clackamas, Multnomah & Washington counties in Oregon & Clark County, Wash.
|Rank||Name / address / phone / URL|
|1||Intel 5200 N.E. Elam Young Pkwy. Hillsboro, OR 97124 503-696-8080 intel.com|
|1||Providence Health & Services 4400 N.E. Halsey St. #599 Portland, OR 97213 503-893-6500 providence.org|
How many Fortune 500 companies are there in Oregon?
Oregon is home to just two Fortune 500 firms, but that doesn’t mean headquarters aren’t an important part of our economy.