Portland, OR is a great place to live with many exciting opportunities for work and play. The city has a thriving business climate with many well-known companies such as Nike, Intel, and Columbia Sportswear. Rent for a two-bedroom apartment in Portland is higher than the national average at $1,930 per month; however, the cost of groceries is relatively low at only 104 compared to 100 nationally. This helps to make living in Portland more affordable and an attractive option for those looking to relocate or start a business. With its vibrant culture, strong job market and great quality of life, it's no wonder so many people are calling Portland home.
Portland has an unemployment rate of 6.9%. The US average is 6.0%.
Portland 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 42.4%, which is higher than the US average of 33.5%.
Tax Rates for Portland
- The Sales Tax Rate for Portland is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Portland 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 Portland
- The average income of a Portland resident is $32,438 a year. The US average is $28,555 a year.
- The Median household income of a Portland resident is $78,476 a year. The US average is $69,021 a year.