Gates, OR Economy


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Gates, Oregon is a small, rural town located in the heart of the Willamette Valley. The town has a population of just over 1,000 people and is known for its agricultural roots and friendly atmosphere. Rent for a two-bedroom apartment in Gates is roughly $1,050, which is lower than the US average of $1,430. In addition to its affordability, Gates also boasts a low grocery cost index of 99 compared to the US average of 100.
In terms of local businesses and attractions, Gates offers many options for residents. Some popular companies include Valley Ranch Market & Deli, which serves up delicious homemade meals daily; Aspen Coffee Company which proudly brews only organic coffee; and Rudio's Hardware Store which provides quality parts and tools for all your projects. In terms of attractions, Gates features stunning views along the Willamette River with plenty of biking and hiking trails as well as Korth Park which hosts many community events throughout the year.

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

Gates 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 Gates
- The Sales Tax Rate for Gates is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Gates 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 Gates
- The average income of a Gates resident is $19,019 a year. The US average is $28,555 a year.
- The Median household income of a Gates resident is $55,313 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyGates, OregonUnited States
  6.26
  -2.8%-6.2%
  40.3%33.5%
  0.0%6.2%
  9.0%4.6%
  $26,158$37,638
  $55,313$69,021
  $48,750$85,028
  Population by Occupation
  2.3%1.2%
  0.0%0.5%
  4.0%6.8%
  16.1%10.0%
  9.8%2.5%
  14.4%11.0%
  3.4%4.8%
  1.1%0.8%
  0.0%1.9%
  3.4%4.7%
  4.6%1.9%
  4.0%7.6%
  0.0%0.1%
  0.6%4.2%
  0.0%9.3%
  15.5%14.0%
  0.0%2.1%
  6.3%7.0%
  7.5%4.8%
  6.9%4.7%
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