In Albany, Oregon (zip code 97321), the median rent for a two-bedroom apartment is $1,210 per month. This is slightly lower than the national average of $1,430 per month. The grocery cost index in Albany is also slightly lower at 101 compared to the US average of 100, making it a more affordable place to live. The city of Albany offers plenty of amenities for its residents; several local companies contribute to the economy and the lifestyle that Albany has to offer. Some examples are Avamere Family of Companies, which specializes in providing healthcare services and retirement housing; Combs & Company Accounting & Business Services, which provides accounting and consulting assistance; and Northwest Industrial Supply Company, which manufactures industrial equipment.
Albany (zip 97321) has an unemployment rate of 6.5%. The US average is 6.0%.
Albany (zip 97321) has seen the job market decrease by -4.0% over the last year. Future job growth over the next ten years is predicted to be 40.8%, which is higher than the US average of 33.5%.
Tax Rates for Albany (zip 97321)
- The Sales Tax Rate for Albany (zip 97321) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Albany (zip 97321) 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 Albany (zip 97321)
- The average income of a Albany (zip 97321) resident is $38,250 a year. The US average is $37,638 a year.
- The Median household income of a Albany (zip 97321) resident is $87,435 a year. The US average is $69,021 a year.