Seneca, OR Economy


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United States / Oregon / No Metro Area / Grant County / Seneca / Zip Codes
Seneca, OR is a small rural town located in the Willamette Valley region of Oregon. It has a population of approximately 2,000 people. Despite its size, Seneca has been able to maintain affordable living costs with an average two-bedroom rent rate of only $940. This is substantially less than what the US average stands at, which is $1,430. Furthermore, grocery cost index in Seneca is 95 versus 100 in the US. The town relies heavily on local businesses for its business needs. Some of these businesses include Seneca Jones Timber Co., NAPA Auto Parts, Seneca Sawmill Co., and Sprague River Market Place. With its low living costs and thriving local businesses, Seneca continues to be an attractive place to call home in Oregon's Willamette Valley region.

Seneca has an unemployment rate of 10.5%. The US average is 6.0%.

Seneca has seen the job market decrease by -1.1% over the last year. Future job growth over the next ten years is predicted to be 24.9%, which is lower than the US average of 33.5%.

Tax Rates for Seneca
- The Sales Tax Rate for Seneca is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Seneca 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 Seneca
- The average income of a Seneca resident is $27,623 a year. The US average is $37,638 a year.
- The Median household income of a Seneca resident is $50,000 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySeneca, OregonUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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