Coos Bay, OR Metro Area is a beautiful coastal area with an array of awesome attractions and activities. Many people are drawn to the region for its outdoor recreation opportunities and affordable housing costs. The average 2 bedroom rent in the Coos Bay Metro Area is $1,010 compared to the US average of $1,430, making it a great place for young professionals and budget-conscious renters. Additionally, grocery cost index in Coos Bay is 97 versus 100 in the US, which makes it even more attractive to live in. Popular local companies in the area include Empire City Auto Parts, Mo’s Restaurant Group, Pacific Coast Corporation, Oregon Coast Aquarium and Coos Bay Health & Wellness Center. There are also many community programs and organizations including Friends of Coos Bay Library & South Coast Business Employment Corporation.
Coos Bay Metro Area has an unemployment rate of 7.8%. The US average is 6.0%.
Coos Bay Metro Area has seen the job market decrease by -0.3% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Coos Bay Metro Area
- The Sales Tax Rate for Coos Bay Metro Area is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Coos Bay Metro Area 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 Coos Bay Metro Area
- The average income of a Coos Bay Metro Area resident is $22,993 a year. The US average is $28,555 a year.
- The Median household income of a Coos Bay Metro Area resident is $52,548 a year. The US average is $69,021 a year.