Hillsboro, Oregon is a vibrant and diverse city with a population of 97,124. The 2 bedroom rent in the area is $2,340, which is more expensive than the US average of $1,430. Despite this difference in price point, Hillsboro provides many amenities to its citizens. There are multiple large companies in the area such as Intel Corporation and Nike Inc. Additionally, there are dozens of restaurants and stores located throughout the city that serve all types of cuisines and provide shopping opportunities for residents. The grocery cost index in Hillsboro is also higher than the US at 102 versus 100. This makes it an ideal place for those who want a thriving community with great amenities but still get value for their money.
Hillsboro (zip 97124) has an unemployment rate of 5.2%. The US average is 6.0%.
Hillsboro (zip 97124) 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 97124)
- The Sales Tax Rate for Hillsboro (zip 97124) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Hillsboro (zip 97124) 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 97124)
- The average income of a Hillsboro (zip 97124) resident is $47,118 a year. The US average is $37,638 a year.
- The Median household income of a Hillsboro (zip 97124) resident is $100,596 a year. The US average is $69,021 a year.