The city of Portland, Oregon (97206) is known for its vibrant culture, eclectic mix of businesses, and unique character. It has a population of over 600,000 people and is the largest city in the state. Renting a two-bedroom apartment in Portland costs an average of $1,790 per month which is significantly higher than the national average of $1,430. Grocery costs are also higher in Portland with a grocery cost index of 102 compared to 100 nationally.
Portland is home to many successful businesses that represent many industries including technology, retail, health care and more. Some well-known local companies include Nike Inc., Portland Trail Blazers (the NBA team), OHSU (Oregon Health & Science University) and Intel Corporation. In addition to these large corporations there are also numerous small businesses that add to the local economy such as Stumptown Coffee Roasters which specializes in artisanal coffee roasting and Tillamook County Creamery which produces dairy products like cheese and ice cream. As one can see, the range of businesses in 97206 area offer a variety of services and products that contribute to the overall success of Portland's economy.
Portland (zip 97206) has an unemployment rate of 6.9%. The US average is 6.0%.
Portland (zip 97206) 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 42.4%, which is higher than the US average of 33.5%.
Tax Rates for Portland (zip 97206)
- The Sales Tax Rate for Portland (zip 97206) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Portland (zip 97206) 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 Portland (zip 97206)
- The average income of a Portland (zip 97206) resident is $26,063 a year. The US average is $28,555 a year.
- The Median household income of a Portland (zip 97206) resident is $77,133 a year. The US average is $69,021 a year.