Myrtle Point, OR Economy


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Myrtle Point, OR is a small rural community located in Coos County. With a population of just over 2,000, it's the perfect place to settle down for those looking for a quiet life in the countryside. The city offers affordable living with 2 bedroom rent costing only $1,010 per month compared to the national average of $1,430. Additionally, grocery costs are also lower than the national average with an index of 97 versus 100 in the US. The city is home to several local businesses including Northman Logging Co., Myrtle Point Pharmacy, and Terry's General Store and Cafe. These businesses provide residents with various amenities such as medical services, grocery stores and supplies, and restaurants. There are also plenty of outdoor recreational activities available such as camping at nearby Blue Lake Park or fishing at Tenmile Lake Park.

Myrtle Point has an unemployment rate of 7.8%. The US average is 6.0%.

Myrtle Point has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.

Tax Rates for Myrtle Point
- The Sales Tax Rate for Myrtle Point is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Myrtle Point 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 Myrtle Point
- The average income of a Myrtle Point resident is $19,901 a year. The US average is $28,555 a year.
- The Median household income of a Myrtle Point resident is $36,293 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMyrtle Point, OregonUnited States
  7.86
  -3.1%-6.2%
  31.1%33.5%
  0.0%6.2%
  9.0%4.6%
  $27,833$37,638
  $36,293$69,021
  $52,813$85,028
  Population by Occupation
  4.0%1.2%
  0.6%0.5%
  6.7%6.8%
  11.4%10.0%
  0.0%2.5%
  14.9%11.0%
  2.2%4.8%
  0.0%0.8%
  0.0%1.9%
  3.9%4.7%
  3.8%1.9%
  1.8%7.6%
  0.0%0.1%
  6.7%4.2%
  3.8%9.3%
  11.7%14.0%
  0.0%2.1%
  13.7%7.0%
  11.3%4.8%
  3.6%4.7%
Reviews for Myrtle Point
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I've lived in Myrtle point for any 7 years, love the small town living. 30 minutes from the beach, 45 minutes from shopping, casinos, and the sand dunes. One of the best  More

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Over 10 years ago

Suffering because of Politics relating to the Lumber  More

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