Zip 97426 (Creswell, OR) Economy


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The small town of Creswell, Oregon (97426) is a popular destination for those seeking a rural life with easy access to larger cities. It has an affordable cost of living that is attractive to many. The average two-bedroom rent in Creswell is $1,290, which is nearly twenty percent less than the US average of $1,430. The grocery cost index in Creswell also stands at 101 versus 100 for the whole country - making it slightly more expensive than other areas. There are a variety of local businesses that serve the area such as Ace Hardware, Creswell Bakery & Deli and Tuxedo Junction Thrift Store. With its beautiful scenery and relatively low costs, Creswell offers a pleasant environment without breaking the bank.

Creswell (zip 97426) has an unemployment rate of 6.8%. The US average is 6.0%.

Creswell (zip 97426) 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 40.3%, which is higher than the US average of 33.5%.

Tax Rates for Creswell (zip 97426)
- The Sales Tax Rate for Creswell (zip 97426) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Creswell (zip 97426) 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 Creswell (zip 97426)
- The average income of a Creswell (zip 97426) resident is $25,616 a year. The US average is $28,555 a year.
- The Median household income of a Creswell (zip 97426) resident is $72,652 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCreswell, OregonUnited States
  6.86
  -5.5%-6.2%
  40.3%33.5%
  0.0%6.2%
  9.0%4.6%
  $34,556$37,638
  $72,652$69,021
  $83,885$85,028
  Population by Occupation
  4.5%1.2%
  0.0%0.5%
  6.1%6.8%
  13.9%10.0%
  4.3%2.5%
  11.4%11.0%
  5.2%4.8%
  0.9%0.8%
  0.6%1.9%
  5.0%4.7%
  1.3%1.9%
  5.8%7.6%
  0.0%0.1%
  3.7%4.2%
  8.9%9.3%
  10.2%14.0%
  2.9%2.1%
  3.7%7.0%
  4.8%4.8%
  6.8%4.7%
Health