97463 Oakridge, OR is a beautiful rural town located in the heart of the Willamette Valley. It offers its residents a unique lifestyle and stunning scenery of natural forests. The cost of renting a two bedroom apartment in this area is very affordable at only $1,100 compared to the US average of $1,430. Additionally, grocery costs in 97463 Oakridge are significantly lower than the national average with an index rating of 97. Living in this area provides an opportunity to enjoy small-town living and still have access to important amenities like local businesses, schools, restaurants, parks and recreation centers. There are numerous local companies such as Oregon Power & Light Co., Mobile Metalworks Inc., and Knox Sawmill Inc., that serve as a backbone for the local economy. This makes 97463 Oakridge a great place to live while staying close to nature and enjoying all that the surrounding towns have to offer.
Oakridge (zip 97463) has an unemployment rate of 6.8%. The US average is 6.0%.
Oakridge (zip 97463) 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 Oakridge (zip 97463)
- The Sales Tax Rate for Oakridge (zip 97463) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Oakridge (zip 97463) 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 Oakridge (zip 97463)
- The average income of a Oakridge (zip 97463) resident is $21,929 a year. The US average is $28,555 a year.
- The Median household income of a Oakridge (zip 97463) resident is $33,199 a year. The US average is $69,021 a year.