Hillsboro, OR 97123 is a great place to live for people on a budget. The two bedroom rent in the area is only $1,910 compared to the US average of $1,430. Furthermore, the grocery cost index in Hillsboro is 102 versus 100 in the US. There are many great job opportunities as well as local businesses in Hillsboro. Some local businesses include Intel which designs and manufactures computer chips, Mentor Graphics which develops software for electrical engineers, and Reser's Fine Foods which produces prepared foods such as salads and potatoes. These companies provide employment to locals while also providing goods and services across the United States.
Hillsboro (zip 97123) has an unemployment rate of 5.2%. The US average is 6.0%.
Hillsboro (zip 97123) has seen the job market decrease by -4.8% over the last year. Future job growth over the next ten years is predicted to be 46.7%, which is higher than the US average of 33.5%.
Tax Rates for Hillsboro (zip 97123)
- The Sales Tax Rate for Hillsboro (zip 97123) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Hillsboro (zip 97123) 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 Hillsboro (zip 97123)
- The average income of a Hillsboro (zip 97123) resident is $36,620 a year. The US average is $37,638 a year.
- The Median household income of a Hillsboro (zip 97123) resident is $89,492 a year. The US average is $69,021 a year.