The Corvallis, OR Metro Area is a great place to live. It offers an affordable cost of living with an average 2 bedroom rent of just $1,430 and grocery cost index that is only 1% higher than the US average. It is home to several large companies such as Hewlett-Packard and CH2M Hill, as well as Oregon State University, one of the top institutions of higher learning in the region. With its attractive amenities, low cost of living and world-renowned education system, Corvallis makes a fantastic choice for those looking for an exciting new place to call home.
Corvallis Metro Area has an unemployment rate of 4.9%. The US average is 6.0%.
Corvallis Metro Area has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Corvallis Metro Area
- The Sales Tax Rate for Corvallis Metro Area is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Corvallis Metro Area 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 Corvallis Metro Area
- The average income of a Corvallis Metro Area resident is $27,233 a year. The US average is $28,555 a year.
- The Median household income of a Corvallis Metro Area resident is $68,732 a year. The US average is $69,021 a year.