Canyon City, OR is a small town situated in the heart of Central Oregon. It’s home to less than 1300 residents and provides an affordable and peaceful quality of life. The average rent for two bedroom apartments is just $930 per month, which is much cheaper than the national average of $1,430. Prices for basic necessities like food are also very reasonable with a grocery cost index of 99 versus 100 in the US.
The economy in Canyon City is primarily driven by agriculture and ranching. There are several companies operating in the area including White Mountain Cattle Company, GV Farms & Hay, 3 Sisters Ranch, and Bob’s Butte View Ranches. Other local businesses include Ochoco Grocery Outlet, Hometown Pizza & Subs, Ochoco Creek Coffee Co., and Two Rivers Archery.
Canyon City has an unemployment rate of 10.5%. The US average is 6.0%.
Canyon City has seen the job market decrease by -1.6% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.
Tax Rates for Canyon City
- The Sales Tax Rate for Canyon City is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Canyon City 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 Canyon City
- The average income of a Canyon City resident is $30,020 a year. The US average is $37,638 a year.
- The Median household income of a Canyon City resident is $56,154 a year. The US average is $69,021 a year.