The Tigard Economy: At a Glance
The City of Tigard has a well-balanced economy that includes more than 3,000 firms employing more than 40,000 people from around the region.
In Tigard, firms in every business sector compete locally, nationally and globally. Employees working for Tigard-based firms earn about $48,000 per year on average.
More than half of Tigard’s residents are in the workforce and the unemployment rate for Tigard residents in the workforce is about 3%. The graphics on this page summarize Tigard’s economic ecosystem with data from the Oregon Employment Department updated in 2014.
Click on the image below to learn more about the Tigard economy.
Small Business Resources
Whether you’re just starting out or have been in business for years, the Economic Development Department has compiled a database of resources to help you start, build, manage, and grow your business.
Click here for more information.
Local Incentive Programs
Business License Fee Waiver
Owners of new businesses in Tigard who complete one business-focused training program with one of the partners listed are eligible for a one-time, one-year City of Tigard business license fee waiver for their first year of operation in the City of Tigard.
If you’ve already applied for a City of Tigard business license and have not yet completed a program, the city can apply a fee waiver to your next business license fee when you renew — if you complete one of the training programs before the end of the first year in business. All the details are here.
Opportunity Zones can deliver significant tax savings on medium- to long-term investments in economically disadvantaged communities. This new tax incentive pertains to both the capital gains invested initially through a qualified opportunity fund, as well as capital gains earned for the investor by businesses and projects in the zone. Each zone consists of an entire census tract, as established for the decennial U.S. Census. In Tigard, census tracts 307 and 309 are designated Opportunity Zones. Click here for a map of the Opportunity Zones in Tigard. More information on Opportunity Zones can be found by clicking here.
Tigard/Lake Oswego Enterprise Zone
In 2016, the City of Tigard and City of Lake Oswego began a collaboration on the Tigard/Lake Oswego Enterprise Zone. This is a local economic development program that reduces the tax burden on companies investing in equipment, facilities and people. This program offers a 100% tax abatement for three to five years on new capital investments when a firm also increases employment by 10%. Click here for more information.
Urban Renewal Matching Grant Program
The City Center Development Agency has reauthorized the popular Urban Renewal Matching Grant Program for 2018. This fund provides matching grants for existing businesses in the Urban Renewal District to make improvements to the exterior of their business. New catalyst businesses moving into vacant spaces in Downtown are also eligible for funding to make interior upgrades. Click here for more information.
Vertical Housing Development Zone
Tigard's Vertical Housing Development Zone (VHDZ) encourages multi-story mixed-use development in two targeted areas of the City of Tigard. The ten-year partial property tax exemption for new construction applies to the first four floors of residential development built above first-story commercial development.
- Overview of vertical housing development zone
- Map showing vertical housing development zone
For more information on VHDZ in Tigard, click here.
Business Expansion Program
This incentive program is available to existing companies expanding operations in Oregon or new companies coming into the state. The Oregon Business Expansion Program is a cash-based incentive (forgivable loan) equivalent to the estimated increase in income tax revenue from the new hiring. Click here for more information.
Exporting & Business Development
Tigard based companies that export can tap into 95% of the worldwide consumer market. This region doubled exports in the last decade. These resources can help you grow your customer base.
Export Assistance Program
Business Oregon and SBA matching funds for overseas trade shows and trade missions. Tigard businesses that participate in overseas trade shows gain the opportunity to meet potential buyers, test market interest and evaluate the competition. A trade mission can be a cost effective way to meet potential distributors and buyers, secure licensing agreements and explore joint venture opportunities. This program helps cover the cost of these sales tools.
Tigard businesses have easy access to experts in international trade through the US Export Assistance Center’s office in Portland. Looking to make your first export sale or expand to additional international markets, these local professionals offer the trade counseling, market intelligence, business matchmaking, and commercial diplomacy you need to connect with lucrative business opportunities.
GPI Export Initiative
Federal and state resources are committed to helping US companies tap into overseas markets and
Is your business in a HUBZone? Certain parts of Tigard are considered “Historically Underutilized Business Zones.” Certified firms located in these areas are eligible for benefits with Federal prime contracts. Check to see if you’re located in a Tigard HUBZone.
Development & Infrastructure
The City of Tigard is constantly working to improve infrastructure that supports private investment. Here are examples of recent projects.
Tigard Street Heritage Trail
Once a former railroad spur, the three-quarter-mile Tigard Heritage Trail and Outdoor Museum is now a pathway for commerce and culture. The already popular bike and pedestrian pathway now celebrates local heritage and identity as a “pedestrian boulevard” with historic and cultural landmarks and interpretive artwork. Learn more
Public Infrastructure in the Hunziker Industrial Core
The City of Tigard is investing in public infrastructure that encourages private sector investment and job creation. Tigard’s Hunziker Industrial Core includes 138 acres of industrial zoned property, home to more than 90 firms located ¾ a mile from Hwy 217 and I-5. In this employment area, 96 acres are underutilized and 42 acres are undeveloped and limited in their economic potential due to a lack of site access and sufficient public infrastructure. The City of Tigard is exploring public infrastructure projects and funding sources to add or improve roads, water, waste water and storm water services in this area. Learn more
Lake Oswego • Tigard Water Partnership
Tigard and Lake Oswego joined forces in 2008 to upgrade and expand Lake Oswego’s existing water facilities to serve customers in both communities. After searching for more than a decade, Tigard finally owns a share of a drinking water supply. Read more...
Site Selection & Real Estate
Food Cart Regulations
This handout (en español) describes where mobile food carts are allowed on private property in Tigard based on current city policy. Food carts on public property (e.g. sidewalks, streets, parks, etc.) are subject to different rules.
Contact Dylan Bemis, Economic Development Coordinator, at 503-718-2560 for assistance with operating a food cart on public property.
Small Business Workshops
See the latest offerings here from our virtual workshop series:
Small Business Webinar