Portland, CO is a vibrant and diverse city with a population of around 15,000 people. It is known for its incredibly affordable housing costs, with average 2 bedroom rent totaling at $1,420 compared to the US rate of $1,430. Additionally, groceries in Portland are roughly 7% cheaper than the nationwide average. There are many great local companies and attractions that make Portland an exciting place to live such as CycleBar PDX, a high-energy indoor cycling studio. Arts enthusiasts also have plenty to enjoy in Portland, with popular venues like the Alberta Rose Theatre offering live music and performances year round. The popular Oregon Zoo is also nearby and offers a variety of family-friendly activities.
Portland has an unemployment rate of 6.3%. The US average is 6.0%.
Portland has seen the job market decrease by -3.2% over the last year. Future job growth over the next ten years is predicted to be 53.3%, which is higher than the US average of 33.5%.
Tax Rates for Portland
- The Sales Tax Rate for Portland is 5.5%. The US average is 7.3%.
- The Income Tax Rate for Portland is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Portland
- The average income of a Portland resident is $30,775 a year. The US average is $37,638 a year.
- The Median household income of a Portland resident is $90,536 a year. The US average is $69,021 a year.