Cave Junction, OR is a small city located in southwestern Oregon, best known for its outdoor activities and stunning scenery. The cost of living in Cave Junction is lower than the national average with rent for 2 bedroom apartments costing $1,100 per month compared to $1,430 nationally. Grocery costs index at 99 versus 100 in the US. The economy of Cave Junction is largely made up of small businesses such as restaurants, grocery stores, banks and retail outlets providing goods and services to local residents. In comparison to larger cities in the US, Cave Junction has a much smaller population base but still boasts an impressive number of businesses catering to their local community.
Cave Junction has an unemployment rate of 7.5%. The US average is 6.0%.
Cave Junction has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 42.4%, which is higher than the US average of 33.5%.
Tax Rates for Cave Junction
- The Sales Tax Rate for Cave Junction is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Cave Junction 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 Cave Junction
- The average income of a Cave Junction resident is $16,254 a year. The US average is $28,555 a year.
- The Median household income of a Cave Junction resident is $30,033 a year. The US average is $69,021 a year.