Portland, TX is a vibrant and growing city located on the east of Texas. It has a population of around 25,000 people and is known for its strong economy, providing a variety of employment opportunities for its residents. The average two-bedroom rent in Portland is $1,550 which is more expensive than the national average of $1,430. The Grocery Cost Index in Portland is 96 compared to 100 across the US. In Portland, there are several popular attractions such as the USS Lexington Museum on the Bay and Corpus Christi Botanical Gardens & Nature Center. Additionally there are several well known companies in Portland such as HEB Grocery Store, Buc-ee's convenience store chain, Coastal Bend Electric Co-op, and Valero Refining Company.
Portland has an unemployment rate of 10.3%. The US average is 6.0%.
Portland has seen the job market increase by 0.2% over the last year. Future job growth over the next ten years is predicted to be 21.4%, which is lower than the US average of 33.5%.
Tax Rates for Portland
- The Sales Tax Rate for Portland is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Portland is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Portland
- The average income of a Portland resident is $28,020 a year. The US average is $28,555 a year.
- The Median household income of a Portland resident is $82,439 a year. The US average is $69,021 a year.