Oak Grove, OR is a great place to live and is known for its affordability. According to the given content, 2 bedroom rent in Oak Grove, OR is $1,740 compared to the US average of $1,430. Additionally, the grocery cost index in Oak Grove is 102 versus 100 in the US. This makes it an attractive option for those looking for lower cost housing options. Local companies such as Performance Properties Inc., Urban Villages LLC., and Inland American Communities provide excellent low-cost rental apartments. Living in Oak Grove has a lot of advantages including lower costs on food and rent as well as access to many outdoor recreational activities such as biking or kayaking on the nearby Willamette River. The town also offers a variety of local eateries and shops to explore.
Oak Grove has an unemployment rate of 6.1%. The US average is 6.0%.
Oak Grove 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 43.1%, which is higher than the US average of 33.5%.
Tax Rates for Oak Grove
- The Sales Tax Rate for Oak Grove is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Oak Grove 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 Oak Grove
- The average income of a Oak Grove resident is $27,934 a year. The US average is $28,555 a year.
- The Median household income of a Oak Grove resident is $68,344 a year. The US average is $69,021 a year.