Zip 97341 (Depoe Bay, OR) Economy


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Depoe Bay, OR, with the zip code 97341 is a beautiful coastal city in Lincoln County. It is well known for its breathtaking views of the Pacific Ocean and its famous whale watching. The rent for a two bedroom apartment in Depoe Bay is $1,670 per month, which is slightly higher than the national average of $1,430. The Grocery Cost Index in Depoe Bay is 101 versus 100 nationally. This indicates that groceries are slightly more expensive in Depoe Bay than on average across the US. Local businesses include Anchor Inn Restaurant & Pub, Lighthouse Deli & Ice Cream Parlor, Depoe Bay Hardware & Marine Supply Co., and Whale's Tail Charters. With its stunning coastline and plenty of local businesses, it's no surprise that people love living in Depoe Bay!

Depoe Bay (zip 97341) has an unemployment rate of 8.7%. The US average is 6.0%.

Depoe Bay (zip 97341) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.

Tax Rates for Depoe Bay (zip 97341)
- The Sales Tax Rate for Depoe Bay (zip 97341) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Depoe Bay (zip 97341) 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 Depoe Bay (zip 97341)
- The average income of a Depoe Bay (zip 97341) resident is $24,516 a year. The US average is $28,555 a year.
- The Median household income of a Depoe Bay (zip 97341) resident is $50,817 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDepoe Bay, OregonUnited States
  8.76
  -8.2%-6.2%
  33.3%33.5%
  0.0%6.2%
  9.0%4.6%
  $38,597$37,638
  $50,817$69,021
  $72,222$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  5.5%6.8%
  0.0%10.0%
  1.9%2.5%
  10.5%11.0%
  4.4%4.8%
  0.0%0.8%
  0.8%1.9%
  2.2%4.7%
  5.1%1.9%
  0.9%7.6%
  3.0%0.1%
  4.7%4.2%
  12.9%9.3%
  19.7%14.0%
  5.4%2.1%
  11.1%7.0%
  3.4%4.8%
  8.5%4.7%
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