When it comes to cost of living comparisons between Oracle and the US overall, rent for a two-bedroom apartment averages $1,360 in Oracle compared to the US average at $1,430; making it affordable for people looking for rental housing within a budget. Similarly, groceries are slightly more affordable than other parts of the US with an index rating at 97 versus 100 in the US. All things considered, Oracle is an attractive option for those seeking out lower costs of living without sacrificing any modern amenities or conveniences.
Oracle has an unemployment rate of 6.4%. The US average is 6.0%.
Oracle has seen the job market increase by 3.1% over the last year. Future job growth over the next ten years is predicted to be 48.0%, which is higher than the US average of 33.5%.
Tax Rates for Oracle
- The Sales Tax Rate for Oracle is 6.7%. The US average is 7.3%.
- The Income Tax Rate for Oracle is 4.2%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Oracle
- The average income of a Oracle resident is $25,874 a year. The US average is $28,555 a year.
- The Median household income of a Oracle resident is $48,050 a year. The US average is $69,021 a year.