Zip 97005 (Beaverton, OR) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Beaverton, Oregon (97005) is a vibrant community located in the Portland metropolitan area. It has a population of 97,719 and is known for its strong economy. The cost of renting a two-bedroom apartment is $1,760 in Beaverton compared to the US average of $1,430. Additionally, grocery costs have an index score of 102 in Beaverton versus 100 for the US on average. Major employers in Beaverton include Nike, Tektronix Inc., Reser's Fine Foods Inc., and Columbia Sportswear Company. Beaverton also has several large technology companies that are heavily involved in research and development such as Intel Corporation and IBM Corporation. In addition to its strong business presence, there are plenty of recreational activities to take part in such as hiking trails and golf courses. Overall, Beaverton is a great place to live with plenty of economic opportunities available while offering an enjoyable lifestyle for all.

Beaverton (zip 97005) has an unemployment rate of 5.2%. The US average is 6.0%.

Beaverton (zip 97005) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 42.9%, which is higher than the US average of 33.5%.

Tax Rates for Beaverton (zip 97005)
- The Sales Tax Rate for Beaverton (zip 97005) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Beaverton (zip 97005) 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 Beaverton (zip 97005)
- The average income of a Beaverton (zip 97005) resident is $21,328 a year. The US average is $28,555 a year.
- The Median household income of a Beaverton (zip 97005) resident is $61,919 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBeaverton, OregonUnited States
  5.26
  -4.8%-6.2%
  42.9%33.5%
  0.0%6.2%
  9.0%4.6%
  $35,135$37,638
  $61,919$69,021
  $77,439$85,028
  Population by Occupation
  0.2%1.2%
  0.0%0.5%
  6.2%6.8%
  12.6%10.0%
  3.3%2.5%
  16.0%11.0%
  4.0%4.8%
  0.2%0.8%
  3.3%1.9%
  2.8%4.7%
  3.3%1.9%
  6.6%7.6%
  0.1%0.1%
  5.3%4.2%
  7.1%9.3%
  12.1%14.0%
  1.4%2.1%
  9.9%7.0%
  3.4%4.8%
  2.0%4.7%
Reviews for Beaverton
    See all ()

Over 15 years ago

Area has a relatively high cost of housing due to the Metro "Urban Growth Boundary." Property taxes keep escalating due to School spending and bonds. No sales tax -  More

   |    Reply

Start Your Review of Beaverton

Health