King City, OR is a suburban town located in Washington County. It is known for its high quality of living, affordable cost of living, and beautiful natural scenery. The average two-bedroom rent in King City is $1,850 compared to the US average of $1,430, and the Grocery Cost Index is 104 versus the 100 in the US.
The local economy relies heavily on its agricultural sector as well as tourism. Companies such as King City Automotive supply, King City Farm Supply, and King City Meat Market are all found in the area and provide goods and services to locals. There are also a variety of restaurants and shopping centers that offer something for everyone. In addition to these businesses, there are also many recreational activities available such as hiking trails, outdoor sports fields, golf courses and more. With so much to offer in terms of quality living and affordability, it's no surprise why many people choose to call King City home!
King City has an unemployment rate of 5.4%. The US average is 6.0%.
King City 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 43.8%, which is higher than the US average of 33.5%.
Tax Rates for King City
- The Sales Tax Rate for King City is 0.0%. The US average is 7.3%.
- The Income Tax Rate for King City 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 King City
- The average income of a King City resident is $26,529 a year. The US average is $28,555 a year.
- The Median household income of a King City resident is $55,507 a year. The US average is $69,021 a year.