Cloverdale, OR is a popular destination for its low cost of living. The 2 bedroom rent in Cloverdale is $1,090 per month, which is significantly lower than the US average of $1,430. The grocery cost index in Cloverdale is also 101 versus the 100 in the US. This makes it an attractive option for many people who are looking to save money on their living expenses. Additionally, there are a number of local companies that contribute to the economy such as Cloverdale Hardware Company and Smith Industries. Both are major employers in the town and employ hundreds of residents. With its low cost of living and large number of businesses, Cloverdale remains an attractive place to live and work.
Cloverdale has an unemployment rate of 7.2%. The US average is 6.0%.
Cloverdale has seen the job market decrease by -6.1% over the last year. Future job growth over the next ten years is predicted to be 33.9%, which is higher than the US average of 33.5%.
Tax Rates for Cloverdale
- The Sales Tax Rate for Cloverdale is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Cloverdale 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 Cloverdale
- The average income of a Cloverdale resident is $35,341 a year. The US average is $37,638 a year.
- The Median household income of a Cloverdale resident is $0 a year. The US average is $69,021 a year.