Springfield, OR is a great place to live with an affordable cost of living. The two bedroom rent in Springfield is $1,290 compared to the US average of $1,430. Grocery costs are also relatively low as they index at 100 versus the US average of 100. Local attractions include the Gateway Mall which houses many stores and restaurants, and the stunning Willamette River which offers scenic views and plenty of outdoor recreation activities. Education opportunities include several public schools such as Thurston Elementary School, Hamlin Middle School, and Thurston High School. The city is home to many successful companies such as ThyssenKrupp Bilstein of America Inc., Crook County Bank, and Clearwater Paper Corporation. There are also plenty of small businesses that support Springfield's economy like local coffee shops, boutiques, bookstores, and more.
Springfield has an unemployment rate of 7.4%. The US average is 6.0%.
Springfield has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 39.4%, which is higher than the US average of 33.5%.
Tax Rates for Springfield
- The Sales Tax Rate for Springfield is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Springfield 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 Springfield
- The average income of a Springfield resident is $19,571 a year. The US average is $28,555 a year.
- The Median household income of a Springfield resident is $54,503 a year. The US average is $69,021 a year.