Lafayette, OR is a small city located in Oregon’s Willamette Valley. Though Lafayette may be small, it offers big city amenities to its residents. The two-bedroom rent in Lafayette is slightly higher than the national average at $1,550 per month. The grocery cost index in Lafayette is also higher than the national average at 101 versus 100. There are many local companies for people living in Lafayette with notable examples including Harvest Fresh Grocery Store, Wright Construction LLC, and Moore Insurance Agency. All of these businesses help make Lafayette a great place to live and work.
Lafayette has an unemployment rate of 5.8%. The US average is 6.0%.
Lafayette 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 44.5%, which is higher than the US average of 33.5%.
Tax Rates for Lafayette
- The Sales Tax Rate for Lafayette is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Lafayette 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 Lafayette
- The average income of a Lafayette resident is $17,502 a year. The US average is $28,555 a year.
- The Median household income of a Lafayette resident is $84,159 a year. The US average is $69,021 a year.