Fossil, OR Economy


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United States / Oregon / No Metro Area / Wheeler County / Fossil / Zip Codes
Fossil, OR is a small town located in central Oregon. It offers a peaceful small-town feel with access to nearby large cities such as Portland and Bend. The town offers plenty of outdoor activities, including hunting, fishing, camping, and hiking. There are many local businesses in Fossil such as the Red Rooster Café, which serves homemade food and pastries; Milam’s Hardware Store, which provides hardware supplies; and Ken's Repair Shop which specializes in car repair and maintenance. The 2 Bedroom Rent in Fossil is $840 compared to the US average of $1,430 while the Grocery Cost Index is 97 compared to 100 for the US as a whole. This makes Fossil an attractive option for those looking for lower costs of living than other areas of Oregon or the country at large.

Fossil has an unemployment rate of 4.6%. The US average is 6.0%.

Fossil has seen the job market decrease by -2.1% over the last year. Future job growth over the next ten years is predicted to be 38.0%, which is higher than the US average of 33.5%.

Tax Rates for Fossil
- The Sales Tax Rate for Fossil is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Fossil 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 Fossil
- The average income of a Fossil resident is $29,676 a year. The US average is $28,555 a year.
- The Median household income of a Fossil resident is $47,042 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyFossil, OregonUnited States
  4.66
  -2.9%-6.2%
  38.0%33.5%
  0.0%6.2%
  9.0%4.6%
  $26,436$37,638
  $47,042$69,021
  $73,542$85,028
  Population by Occupation
  6.7%1.2%
  0.0%0.5%
  17.0%6.8%
  6.2%10.0%
  0.0%2.5%
  3.1%11.0%
  0.0%4.8%
  2.1%0.8%
  0.0%1.9%
  6.2%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  4.1%4.2%
  4.1%9.3%
  22.2%14.0%
  0.0%2.1%
  10.8%7.0%
  6.2%4.8%
  11.3%4.7%
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