Zip 97038 (Molalla, OR) Economy


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Molalla, OR, is a small city in Clackamas County with a population of around 9,750. It is known for being a great place to start a business or raise a family. The two bed room rent in Molalla is $1,640 compared to the US average of $1,430 making it slightly higher but still very affordable. At the same time, the Grocery Cost Index in Molalla is 101 versus the US average of 100, indicating that it's an inexpensive place when it comes to food and groceries. Businesses in Molalla include stores like Fred Meyer and Walmart as well as restaurants such as El Burrito Loco and Tom's Country Corner Cafe. Prices are reasonable in Molalla for both residential homes and businesses.

Molalla (zip 97038) has an unemployment rate of 6.1%. The US average is 6.0%.

Molalla (zip 97038) has seen the job market decrease by -4.7% over the last year. Future job growth over the next ten years is predicted to be 43.1%, which is higher than the US average of 33.5%.

Tax Rates for Molalla (zip 97038)
- The Sales Tax Rate for Molalla (zip 97038) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Molalla (zip 97038) 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 Molalla (zip 97038)
- The average income of a Molalla (zip 97038) resident is $33,228 a year. The US average is $37,638 a year.
- The Median household income of a Molalla (zip 97038) resident is $80,530 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyMolalla, OregonUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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