Foreclosures in Oregon increased in 2009 over the prior year. There was a total of 34,120 properties with foreclosure filings. That works out to a rate of one filing for every 47 households, which compares to the United States average of 45, and is a little more than two percent of the state's housing units.
Oregon is the 27th largest U.S. state by population, with 3,825,657 people (in 2008). Its 98,466 square miles make it the 9th largest state by area. Median household income in 2008 was $50,169.
Oregon leads the U.S. in lumber production with more than 30 million acres of timber forests, so it's not surprising that the state's paper products industry also is one of its leading assets. Oregon also produces large amounts of greenhouse products, wheat, livestock and dairy products. Its fishing industry is among the nation's largest. A significant portion of the state's energy comes from hydroelectric dams.