Melrose, OR is a small town located in the northwest corner of Oregon with a population of about 600 people. It is a scenic area with plenty to offer such as outdoor recreation like fishing, hunting, and camping. The cost of living in Melrose is quite affordable compared to the national average. The average rent for a two-bedroom apartment in Melrose can be found for around $1,200 while the US average for a two-bedroom rental is around $1,430. Grocery costs are also lower in Melrose with an index of 99 compared to 100 nationally. There are several local businesses that make up the town's economy including Melrose Wood Products, MFI International Logging & Trucking Inc., and Continental Sausage Company. All in all, living in Melrose would be an affordable choice for anyone looking to settle down in the northwest corner of Oregon.
Melrose has an unemployment rate of 7.3%. The US average is 6.0%.
Melrose has seen the job market increase by 0.0% over the last year. Future job growth over the next ten years is predicted to be 37.0%, which is higher than the US average of 33.5%.
Tax Rates for Melrose
- The Sales Tax Rate for Melrose is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Melrose 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 Melrose
- The average income of a Melrose resident is $29,321 a year. The US average is $28,555 a year.
- The Median household income of a Melrose resident is $109,063 a year. The US average is $69,021 a year.