Damascus, OR is a small city located in the northwestern region of Oregon that has a population of around 10,000 people. It is known for its beautiful scenery with local shops and small businesses, such as Damascus Grocery Store and Damascus Outfitters. The cost of living in Damascus is generally higher than the US average due to higher rental costs. The 2 bedroom rent in Damascus is $2,400 while it is only $1,430 on average in the US. Similarly, the grocery cost index in Damascus is 104 versus 100 in the US. Despite the higher cost of living compared to other cities in Oregon or the United States, many people choose to live in this area due to its relaxed lifestyle and scenic views.
Damascus has an unemployment rate of 6.1%. The US average is 6.0%.
Damascus has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 43.1%, which is higher than the US average of 33.5%.
Tax Rates for Damascus
- The Sales Tax Rate for Damascus is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Damascus 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 Damascus
- The average income of a Damascus resident is $42,611 a year. The US average is $37,638 a year.
- The Median household income of a Damascus resident is $101,574 a year. The US average is $69,021 a year.