Corvallis, OR is an amazing place to live for people who want a small-town feel with big city amenities. With a population of over 55,000, Corvallis is home to Oregon State University and some great businesses. The 2 bedroom rent in Corvallis is $1,530 which is slightly higher than the US average of $1,430. The cost of groceries in Corvallis are also higher with a grocery cost index of 101 compared to 100 in the US. Some notable local companies include Hewlett Packard Enterprise Solutions, Samaritan Health Services, Inc., and Northwest Farm Credit Services. All things considered, Corvallis has a slightly higher cost of living compared to other cities in the US; however it is a desirable location due to its strong job market and abundance of activities and attractions for all ages.
Corvallis (zip 97333) has an unemployment rate of 4.7%. The US average is 6.0%.
Corvallis (zip 97333) has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 40.1%, which is higher than the US average of 33.5%.
Tax Rates for Corvallis (zip 97333)
- The Sales Tax Rate for Corvallis (zip 97333) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Corvallis (zip 97333) 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 Corvallis (zip 97333)
- The average income of a Corvallis (zip 97333) resident is $27,012 a year. The US average is $28,555 a year.
- The Median household income of a Corvallis (zip 97333) resident is $57,034 a year. The US average is $69,021 a year.