Happy Valley, OR is a small city located in the Pacific Northwest with a population of around 19,000 people. It is known for its neighborly atmosphere and access to beautiful nature trails and parks. The cost of living is higher in Happy Valley due to its local businesses such as Intel, Columbia Sportswear, and Reser's Fine Foods which have a strong presence in the area. The cost of rent for two bedrooms is significantly higher than the national average at $1,970 compared to $1,430. Grocery Cost Index is also higher than the US average at 105 versus 100 . This may be due to the fact that many items are imported into this region since it has a relatively small population.
Happy Valley has an unemployment rate of 6.1%. The US average is 6.0%.
Happy Valley has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 43.1%, which is higher than the US average of 33.5%.
Tax Rates for Happy Valley
- The Sales Tax Rate for Happy Valley is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Happy Valley 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 Happy Valley
- The average income of a Happy Valley resident is $51,540 a year. The US average is $37,638 a year.
- The Median household income of a Happy Valley resident is $131,980 a year. The US average is $69,021 a year.