Economy in Zip 97402 (Eugene, OR)

Eugene, OR (97402) is a great place to live with affordable rental rates and cost of living. The average 2 bedroom rent in Eugene is $1,390 per month, which is lower than the national average at $1,430. This makes it an attractive option for those looking for a more affordable lifestyle. There are several local companies based in Eugene such as Hewlett Packard Enterprise Solutions, Bi-Mart Corporation, Eugene Aohsteller's Supply Co., and Pacific Continental Bank. The grocery cost index in Eugene is 100 versus the US average of 100 so groceries will not affect your budget significantly while living here. Overall, Eugene provides a great value proposition when considering the combination of rental rates and cost of living.

Eugene (zip 97402) has an unemployment rate of 6.3%. The US average is 6.0%.

Eugene (zip 97402) has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 40.9%, which is higher than the US average of 33.5%.

Tax Rates for Eugene (zip 97402)
- The Sales Tax Rate for Eugene (zip 97402) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Eugene (zip 97402) 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 Eugene (zip 97402)
- The average income of a Eugene (zip 97402) resident is $21,867 a year. The US average is $28,555 a year.
- The Median household income of a Eugene (zip 97402) resident is $49,702 a year. The US average is $69,021 a year.