Hubbard, OR Economy


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Hubbard, Oregon is a small city located in Marion County with an estimated population of about 2,000 people. It is a great place to establish a home or business due to its relatively low cost of living. The average two bedroom rent in Hubbard is $1,570 compared to the US average of $1,430, while the Grocery Cost Index is 101 compared to 100 in the US. Numerous local businesses have set up shop here including Hubbard Auto Repair, FarWest Gravel & Excavation LLC, and Al's Tavern & Grill. The city offers good prospects for aspiring entrepreneurs looking to start their own business. Through careful planning and budgeting, residents can enjoy an affordable lifestyle while still being able to access all the amenities that modern living has to offer.

Hubbard has an unemployment rate of 6.2%. The US average is 6.0%.

Hubbard has seen the job market decrease by -0.1% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 33.5%.

Tax Rates for Hubbard
- The Sales Tax Rate for Hubbard is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Hubbard 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 Hubbard
- The average income of a Hubbard resident is $16,884 a year. The US average is $28,555 a year.
- The Median household income of a Hubbard resident is $80,686 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyHubbard, OregonUnited States
  6.26
  -2.8%-6.2%
  40.3%33.5%
  0.0%6.2%
  9.0%4.6%
  $28,970$37,638
  $80,686$69,021
  $78,939$85,028
  Population by Occupation
  3.4%1.2%
  0.0%0.5%
  15.8%6.8%
  12.7%10.0%
  3.3%2.5%
  18.0%11.0%
  2.6%4.8%
  0.0%0.8%
  0.8%1.9%
  2.0%4.7%
  2.9%1.9%
  4.6%7.6%
  0.0%0.1%
  9.4%4.2%
  2.2%9.3%
  9.6%14.0%
  0.2%2.1%
  6.2%7.0%
  4.0%4.8%
  2.2%4.7%
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