Banks, Oregon (97106) is a small town located in Washington County. It has a population of only 581 people, making it a very small community. Despite its size, however, the town possesses many amenities and is home to various local businesses. Restaurants include The Pines Steakhouse, AJ's Kitchen & Barbecue, and Zulu's Cafe. Other notable establishments include Lo-Cost Propane Exchange and Freedom Home Repair & Maintenance. The housing market in Banks is quite affordable with two bedroom rents averaging $1,870 compared to the U.S average of $1,430. Additionally, grocery costs index stands at 102 versus 100 for the United States as a whole. With its low cost of living and charming atmosphere Banks is an ideal place to call home!
Banks (zip 97106) has an unemployment rate of 5.4%. The US average is 6.0%.
Banks (zip 97106) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 43.8%, which is higher than the US average of 33.5%.
Tax Rates for Banks (zip 97106)
- The Sales Tax Rate for Banks (zip 97106) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Banks (zip 97106) 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 Banks (zip 97106)
- The average income of a Banks (zip 97106) resident is $44,544 a year. The US average is $37,638 a year.
- The Median household income of a Banks (zip 97106) resident is $104,702 a year. The US average is $69,021 a year.