Zip 97502 (Central Point, OR) Economy


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Central Point, Oregon is located in Jackson County and has a population of 17,719 people. It is a popular destination for retirees due to its affordable housing options. The average price for two-bedroom rentals in Central Point is $1,380, while the same rental costs an average of $1,430 nationwide. Additionally, groceries are relatively inexpensive in Central Point; the Grocery Cost Index is 100 versus 100 in the US. This makes it an excellent place to live for those looking to stretch their budget further.
Central Point is home to a number of companies such as Crater Lake Ford, M & M Distributing Co., Bear Creek Corporation, Cascade Steel Rolling Mills and Umpqua Dairy Products Co. Residents can also take advantage of local recreation centers like Valley View Park and explore the nearby natural beauty at popular destinations like Rogue Valley Country Club or Harry & David Country Village Factory Store.

Central Point (zip 97502) has an unemployment rate of 6.7%. The US average is 6.0%.

Central Point (zip 97502) has seen the job market increase by 1.5% 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 Central Point (zip 97502)
- The Sales Tax Rate for Central Point (zip 97502) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Central Point (zip 97502) 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 Central Point (zip 97502)
- The average income of a Central Point (zip 97502) resident is $24,061 a year. The US average is $28,555 a year.
- The Median household income of a Central Point (zip 97502) resident is $72,829 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyCentral Point, OregonUnited States
  6.76
  -2.6%-6.2%
  42.9%33.5%
  0.0%6.2%
  9.0%4.6%
  $37,706$37,638
  $72,829$69,021
  $83,865$85,028
  Population by Occupation
  2.2%1.2%
  0.0%0.5%
  8.9%6.8%
  9.1%10.0%
  2.3%2.5%
  18.8%11.0%
  3.7%4.8%
  0.8%0.8%
  2.7%1.9%
  1.4%4.7%
  2.2%1.9%
  3.7%7.6%
  0.1%0.1%
  4.0%4.2%
  7.3%9.3%
  14.6%14.0%
  1.3%2.1%
  7.8%7.0%
  3.7%4.8%
  5.3%4.7%
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