Zip 97132 (Newberg, OR) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
97132 Newberg, OR is a great place to call home. It has a charming downtown area with plenty of amenities and local businesses to explore. Popular companies in the area include Ava Roasteria Coffee House, Carlton Farms meat market, and Always Faithful Dog Training. The average 2 bedroom rent is $1,660 compared to the US average of $1,430 making it an affordable option for many families. Additionally, the grocery cost index in 97132 Newberg is 102 versus the US average of 100 making food costs more affordable. Quality of life is high due to beautiful parks, excellent schools, and diverse recreational opportunities available in the community. With such great companies and lifestyle amenities 97132 Newberg makes for a wonderful place to live.

Newberg (zip 97132) has an unemployment rate of 5.8%. The US average is 6.0%.

Newberg (zip 97132) has seen the job market increase by 0.9% over the last year. Future job growth over the next ten years is predicted to be 44.5%, which is higher than the US average of 33.5%.

Tax Rates for Newberg (zip 97132)
- The Sales Tax Rate for Newberg (zip 97132) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Newberg (zip 97132) 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 Newberg (zip 97132)
- The average income of a Newberg (zip 97132) resident is $25,599 a year. The US average is $28,555 a year.
- The Median household income of a Newberg (zip 97132) resident is $86,019 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyNewberg, OregonUnited States
  5.86
  -4.3%-6.2%
  44.5%33.5%
  0.0%6.2%
  9.0%4.6%
  $41,077$37,638
  $86,019$69,021
  $98,560$85,028
  Population by Occupation
  4.8%1.2%
  0.0%0.5%
  6.4%6.8%
  13.9%10.0%
  2.5%2.5%
  11.0%11.0%
  2.1%4.8%
  1.4%0.8%
  1.2%1.9%
  3.4%4.7%
  1.3%1.9%
  7.2%7.6%
  0.1%0.1%
  3.0%4.2%
  9.4%9.3%
  13.9%14.0%
  1.5%2.1%
  8.7%7.0%
  4.0%4.8%
  4.2%4.7%
Health