Independence, OR is a small city located in Polk County that offers residents a suburban feel and most residents own their homes. It's an ideal place to live for people looking for a peaceful community with plenty of attractions nearby. The cost of living here is relatively low compared to other areas in the United States with the average 2 bedroom rent costing $1,370 a month and grocery costs indexing at 100 against the US average. Popular local businesses include Blalock’s Hardware store, High Street Cafe, Suburban Steel Supply Co., and Independence Cinema 5. The city also offers many recreational activities such as biking and walking trails, golf courses, bowling alleys, and other family-friendly entertainment venues. Independence is an excellent choice for those looking for an affordable place to call home.
Independence has an unemployment rate of 5.9%. The US average is 6.0%.
Independence has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Independence
- The Sales Tax Rate for Independence is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Independence 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 Independence
- The average income of a Independence resident is $15,910 a year. The US average is $28,555 a year.
- The Median household income of a Independence resident is $65,019 a year. The US average is $69,021 a year.