Wood Village, OR is a small town located in Oregon. It is known for its friendly environment and close-knit community. Popular local companies include Mary's Pharmacy, which specializes in affordable medications; First Bank of Wood Village, which offers banking services; and Green Groceries, which provides fresh produce at competitive prices.
Living costs in Wood Village are slightly higher than the national average. For example, 2 bedroom rentals here cost approximately $1,690 per month whereas the same rental will cost an average of $1,430 across the US. Similarly, grocery costs also tend to be slightly higher in Wood Village with an index rating of 101 versus 100 nationwide. Despite these differences however, living costs remain relatively low when compared to other towns in Oregon.
Wood Village has an unemployment rate of 7.0%. The US average is 6.0%.
Wood Village 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 42.2%, which is higher than the US average of 33.5%.
Tax Rates for Wood Village
- The Sales Tax Rate for Wood Village is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Wood Village 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 Wood Village
- The average income of a Wood Village resident is $19,734 a year. The US average is $28,555 a year.
- The Median household income of a Wood Village resident is $60,122 a year. The US average is $69,021 a year.