Zip 97380 (Siletz, OR) Economy


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Siletz, OR 97380 is a small city with a population of 1,556 people. The cost of living in Siletz is lower than the US average, with 2 bedroom rent at $1,170 compared to the national average of $1,430. Additionally, grocery costs are also cheaper in Siletz with an index rating of 98 versus 100 in the US.
In terms of local businesses and amenities, Siletz has several restaurants such as Table 6 Cafe & Bakery and Oceanside Deli & Italian Bakery. The town also has several retail stores like Goodwill Boutique and Emerald Pantry Grocery Store for shopping. Additionally, there are parks and recreation areas like Wolf Creek Park and Bob Creek Park for outdoor activities. For entertainment options residents can visit nearby attractions such as Beaver Creek State Park or check out one of the farmers markets during summer.

Siletz (zip 97380) has an unemployment rate of 8.7%. The US average is 6.0%.

Siletz (zip 97380) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.

Tax Rates for Siletz (zip 97380)
- The Sales Tax Rate for Siletz (zip 97380) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Siletz (zip 97380) 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 Siletz (zip 97380)
- The average income of a Siletz (zip 97380) resident is $19,819 a year. The US average is $28,555 a year.
- The Median household income of a Siletz (zip 97380) resident is $61,964 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySiletz, OregonUnited States
  8.76
  -8.2%-6.2%
  33.3%33.5%
  0.0%6.2%
  9.0%4.6%
  $32,412$37,638
  $61,964$69,021
  $75,909$85,028
  Population by Occupation
  7.6%1.2%
  0.0%0.5%
  12.4%6.8%
  5.9%10.0%
  0.3%2.5%
  14.5%11.0%
  1.2%4.8%
  1.1%0.8%
  0.0%1.9%
  1.1%4.7%
  1.5%1.9%
  5.3%7.6%
  0.0%0.1%
  6.1%4.2%
  3.8%9.3%
  11.5%14.0%
  4.2%2.1%
  8.9%7.0%
  2.0%4.8%
  12.7%4.7%
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