Monmouth, OR is a great city offering plenty of local amenities and attractions for its residents. Local companies include the Monmouth Public Library, the Monmouth-Independence Chamber of Commerce, and Monmouth Floral Co. Popular attractions in the area include Heritage Park, which features abundant outdoor activities such as walking paths, picnic areas, playgrounds, and more. Other local attractions include Willamette University's Harding Art Gallery and the Oregon Wine Experience Center in downtown Monmouth. With an affordable two-bedroom rent rate at $1,270 compared to the US average of $1,430, along with a grocery cost index of 101 versus the 100 national average, Monmouth provides an ideal place to live without breaking the bank.
Monmouth has an unemployment rate of 5.9%. The US average is 6.0%.
Monmouth 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 42.6%, which is higher than the US average of 33.5%.
Tax Rates for Monmouth
- The Sales Tax Rate for Monmouth is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Monmouth 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 Monmouth
- The average income of a Monmouth resident is $17,292 a year. The US average is $28,555 a year.
- The Median household income of a Monmouth resident is $54,310 a year. The US average is $69,021 a year.