Myrtle Point, Oregon (zip code 97458) is a small town in Coos County with a population of roughly 1,500 people. It is known for its rural lifestyle and proximity to outdoor activities such as fishing and camping. The cost of living in Myrtle Point is quite affordable compared to the rest of the US. Average 2 bedroom rent here is $1,030 which is far less than the national average of $1,430. Additionally, grocery costs are quite low with a Grocery Cost Index score of 97 compared to 100 in the US. This means that groceries here are slightly cheaper than average. Local companies in Myrtle Point include Coastal Home Care Services, Frank's Auto Repair & Towing, and Central Coast Logging Inc., amongst others. All in all, Myrtle Point's affordability makes it an attractive option for those looking for a rural lifestyle on a budget.
Myrtle Point (zip 97458) has an unemployment rate of 7.8%. The US average is 6.0%.
Myrtle Point (zip 97458) has seen the job market decrease by -3.1% over the last year. Future job growth over the next ten years is predicted to be 31.1%, which is lower than the US average of 33.5%.
Tax Rates for Myrtle Point (zip 97458)
- The Sales Tax Rate for Myrtle Point (zip 97458) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Myrtle Point (zip 97458) 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 Myrtle Point (zip 97458)
- The average income of a Myrtle Point (zip 97458) resident is $28,231 a year. The US average is $37,638 a year.
- The Median household income of a Myrtle Point (zip 97458) resident is $41,165 a year. The US average is $69,021 a year.