Klamath Falls, Oregon (97601) is an affordable city situated in the beautiful South Central region of the Beaver State. With a population of over 21,000 people, Klamath Falls has plenty to offer its residents. The average 2 bedroom rent in Klamath Falls is $940 per month, which is much lower than the national average of $1,430. Groceries are also less expensive here and according to Numbeo's Cost of Living Index for Klamath Falls, groceries are 7% cheaper compared to the US average.
The area is known for its cultural attractions such as historic museums and outdoor activities such as fishing and camping. In terms of business opportunities, there are a variety of local companies including Sky Lakes Medical Center, Guardian Pest Control Services, Cascade Aluminum Foundry Co., Basin Yellow Cab LLC., and Oregon Institute Of Technology which serve both residents and visitors alike. All in all, Klamath Falls provides a great balance between affordability and leisurely activities at an unbeatable cost-of-living rate.
Klamath Falls (zip 97601) has an unemployment rate of 8.4%. The US average is 6.0%.
Klamath Falls (zip 97601) has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 32.7%, which is lower than the US average of 33.5%.
Tax Rates for Klamath Falls (zip 97601)
- The Sales Tax Rate for Klamath Falls (zip 97601) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Klamath Falls (zip 97601) 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 Klamath Falls (zip 97601)
- The average income of a Klamath Falls (zip 97601) resident is $21,709 a year. The US average is $28,555 a year.
- The Median household income of a Klamath Falls (zip 97601) resident is $45,407 a year. The US average is $69,021 a year.