Cedar Mill, OR Economy


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Cedar Mill, OR is a great place to live for its affordability and convenience. The average rent for a two bedroom is $2,150 per month, which is significantly higher than the US average of $1,430. However, groceries are relatively cheaper in Cedar Mill compared to the national average - the Grocery Cost Index in Cedar Mill is 106 versus 100 in the US. \nThe area boasts many local small businesses like Cedar Mill Pharmacy, Red Fox Coffee Roasters Cafe and Grill, and Bellagio Salon & Spa that offer unique experiences you can’t find anywhere else. There are also plenty of outdoor activities available for those who love nature and exploring. All these factors make Cedar Mill an attractive option for potential residents looking for a comfortable and affordable lifestyle.

Cedar Mill has an unemployment rate of 5.4%. The US average is 6.0%.

Cedar Mill has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.

Tax Rates for Cedar Mill
- The Sales Tax Rate for Cedar Mill is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Cedar Mill is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Cedar Mill
- The average income of a Cedar Mill resident is $50,391 a year. The US average is $28,555 a year.
- The Median household income of a Cedar Mill resident is $131,367 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCedar Mill, OregonUnited States
  5.46
  -4.8%-6.2%
  43.8%33.5%
  0.0%6.2%
  9.0%4.6%
  $64,572$37,638
  $131,367$69,021
  $182,250$85,028
  Population by Occupation
  0.5%1.2%
  0.0%0.5%
  2.8%6.8%
  18.0%10.0%
  2.8%2.5%
  10.5%11.0%
  3.3%4.8%
  0.5%0.8%
  1.0%1.9%
  5.4%4.7%
  1.1%1.9%
  10.9%7.6%
  4.7%0.1%
  1.2%4.2%
  8.2%9.3%
  13.1%14.0%
  1.8%2.1%
  7.0%7.0%
  4.4%4.8%
  2.7%4.7%
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