Yahoo! Finance's Businessweek.com just published a list of America's Best Cities with Portland coming in at No. 5 overall. Utilizing a number of different criteria (number of restaurants, bars, libraries, museums, professional sports teams, park acres by population) along with economic data, Stumptown made the list on account of it being "beloved of America’s hipsters, do-it-yourselfers, and localist foodies."
Another big reason? "[The] popular recent arrival is the city’s Major League Soccer team, the Portland Timbers, which regularly sells out its games."
Take a look.