Zip 97403 (Eugene, OR) Economy


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The city of Eugene, OR (zip code 97403) is a great place to live with affordable housing costs. The average 2 bedroom rent in Eugene is $1,520 per month compared to the US average of $1,430. Additionally, the Grocery Cost Index in Eugene is 103 versus 100 in the US. As such, residents can expect to pay just a bit more for their groceries than the national average.
Eugene has an abundance of local companies from a variety of sectors. Two popular employers include PeaceHealth and the University of Oregon who are actively growing and hiring new employees. In addition, there are many locally-owned businesses such as McFarland’s Clothing & Footwear, Art Attack Studio, and Full City Coffee Roasters that contribute to the local economy and provide jobs for residents.

Eugene (zip 97403) has an unemployment rate of 6.3%. The US average is 6.0%.

Eugene (zip 97403) 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 97403)
- The Sales Tax Rate for Eugene (zip 97403) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Eugene (zip 97403) 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 97403)
- The average income of a Eugene (zip 97403) resident is $21,814 a year. The US average is $28,555 a year.
- The Median household income of a Eugene (zip 97403) resident is $48,348 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyEugene, OregonUnited States
  6.36
  -5.5%-6.2%
  40.9%33.5%
  0.0%6.2%
  9.0%4.6%
  $26,834$37,638
  $48,348$69,021
  $106,033$85,028
  Population by Occupation
  3.2%1.2%
  0.0%0.5%
  2.7%6.8%
  4.5%10.0%
  0.6%2.5%
  15.8%11.0%
  3.5%4.8%
  0.0%0.8%
  0.5%1.9%
  2.9%4.7%
  1.4%1.9%
  6.7%7.6%
  0.3%0.1%
  1.3%4.2%
  29.4%9.3%
  9.5%14.0%
  4.2%2.1%
  9.9%7.0%
  2.0%4.8%
  1.5%4.7%
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