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Central Oregon's Booming Economy - Page 1
•United Van Lines 46th Annual National Movers Study –•Oregon was the second most popular state to relocate in 2022•Young millennials may be more likely to move to “metropolitan economies”, but United Van Lines’ survey determined that Baby Boomers and Gen X-ersmoved more than any other age demographic.•The company reports that those over the age of 55 made up more than 55% of United Van Lines’ state-to-state moves last year. -
Central Oregon's Booming Economy - Page 2
Central Oregon Tourism –
2016 – Visit Bend, the city’s primary tourism promotion organization, commissioned a study of how many people visited in 2015. It estimated that 2.5 to 3 million visitors came and stayed an average of 2.4 days. To put that in perspective, almost 20,000 people visited Bend every day of the year on average. Oregonians accounted for 37 percent of all visitors. California (18 percent) and Washington (15 percent) were the other popular states of origin. No other state accounted for more than 2.5 percent of visitors.
2019 Update – 4.5 million visitors to Central Oregon every year.
January 31, 2020 – For the ninth year in a row, Oregon saw another bump in visitor spending, according to a new economic impact report from the Oregon Tourism Commission. Total direct travel spending in Oregon hit $12.3 billion in 2018, a 4.2% increase over 2017, according to the Dean Runyan Associates Oregon Travel Impacts report. In Central Oregon, which ranks fifth in terms of travel spending, visitors spent $961 million in 2018, according to report. That represents a 6.5% increase over 2017, according to the report.
2021 VCO – Tourism continues to be the single largest industry in Central Oregon, employing more than 9,250 residents and generating total economic impacts that exceed $1.41 billion annually.
Visit Bend – Focuses first on repeat visitors who account for 65% of annual tourism.
“Seventy-five to 80 percent of the visitors come from Portland, Seattle and San Francisco,” Visit Bend’s Kevney Dugan said, “places which are drivable.”
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Central Oregon's Booming Economy - Page 3
Deschutes County –August 25, 2022 – US Census – Deschutes County’s population grows by nearly 29% since 2010, double that of Portland area. Crook County (21.5%). Jefferson (14.6%). Central Oregon’s counties have been three of the four fastest-growing in the state since 2010. Within Deschutes County, the city of Bend grew nearly 30%, from 76,639 residents in 2010 to 99,178 in 2020, according to the data. The city of Redmond grew 27%, from 26,215 residents in 2010 to 33,274 in 2020. As of 2024, the City of Bend is now 106,000 residents strong.. -
Central Oregon's Booming Economy - Page 4
Deschutes County –
PSU Population Research Center
•2022-2025 – +6.13% or 12,757 residents.•2025 -2030 – +8.96% or 19,768 residents.•2017 Total Retail Sales per Capita – $18,990•Between 2022 and 2030 – At least another $617,649,750 in retail sales will enter the economy. -
Central Oregon's Booming Economy - Page 5
Crook County –
•2022-2025 – +4.37% or 1,134 residents.•2025 -2030 – +5.79% or 1,568 residents.•2017 Total Retail Sales per Capita – $9,142•Between 2022 and 2030 – At least another $14,335,790 in retail sales will enter the economy. -
Central Oregon's Booming Economy - Page 6
Jefferson County –
2022-2025 – +2.07% or 521 residents.
2025 -2030 – +3.48% or 892 residents.
2017 Total Retail Sales per Capita – $7,570
Between 2022 and 2030 – At least another $6,752,961 in retail sales will enter the economy.