Cannon Beach, OR Economy


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Cannon Beach, OR is a beautiful coastal town near the Pacific Ocean. It is well known for its stunning views of Haystack Rock and vast sandy beaches. Local companies in Cannon Beach offer a wide variety of products and services ranging from souvenir shops to art galleries to restaurants. There are plenty of activities to do while visiting such as surfing, kayaking, whale watching, biking, hiking and more. The rent in Cannon Beach is $840 more than the US average of $1,430 for two bedroom apartments. Grocery costs index in Cannon Beach are also above the US average at 106; showing that groceries cost slightly more than in other areas. One fun fact about Cannon Beach is that it was named after a cannon that washed ashore from an abandoned ship nearly 200 years ago!

Cannon Beach has an unemployment rate of 7.7%. The US average is 6.0%.

Cannon Beach has seen the job market decrease by 0.0% over the last year. Future job growth over the next ten years is predicted to be 36.7%, which is higher than the US average of 33.5%.

Tax Rates for Cannon Beach
- The Sales Tax Rate for Cannon Beach is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Cannon Beach 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 Cannon Beach
- The average income of a Cannon Beach resident is $31,449 a year. The US average is $28,555 a year.
- The Median household income of a Cannon Beach resident is $61,042 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCannon Beach, OregonUnited States
  7.76
  -7.7%-6.2%
  36.7%33.5%
  0.0%6.2%
  9.0%4.6%
  $42,280$37,638
  $61,042$69,021
  $100,268$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  1.6%6.8%
  5.1%10.0%
  2.6%2.5%
  5.4%11.0%
  1.0%4.8%
  3.6%0.8%
  1.9%1.9%
  2.2%4.7%
  7.6%1.9%
  1.2%7.6%
  0.0%0.1%
  0.0%4.2%
  4.7%9.3%
  15.6%14.0%
  0.0%2.1%
  31.1%7.0%
  0.0%4.8%
  16.5%4.7%
Reviews for Cannon Beach
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Over 15 years ago

I am a relative newcomer (four years) but the basics of Cannon Beach are: It is a resort-retirement community that is very (and long) popular with Portland residents.  More

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