97365 Newport, OR is a great place to call home. The average two bedroom rent in this area is $1,390, slightly lower than the US average of $1,430. This makes it an affordable place for many families or individuals who are looking for a new place to live. The grocery cost index in Newport is also favorable at 101 compared to 100 in the US.
Newport has much to offer residents with its close proximity to the ocean and plenty of local businesses. Notable companies in Newport include Oregon Coast Aquarium, Rogue Ales and Spirits Brewery, and Pacific Seafood. With several things to do and places to explore, residents will never be bored while living here!
All-in-all 97365 Newport, OR is an affordable place to live with plenty of amenities and activities available for all types of people. With its low rent prices compared to other cities, combined with a favorable grocery cost index, you can rest assured that you will get more bang out of your buck when it comes to living in this area!
Newport (zip 97365) has an unemployment rate of 8.7%. The US average is 6.0%.
Newport (zip 97365) has seen the job market decrease by -0.2% over the last year. Future job growth over the next ten years is predicted to be 33.3%, which is lower than the US average of 33.5%.
Tax Rates for Newport (zip 97365)
- The Sales Tax Rate for Newport (zip 97365) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Newport (zip 97365) 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 Newport (zip 97365)
- The average income of a Newport (zip 97365) resident is $26,830 a year. The US average is $28,555 a year.
- The Median household income of a Newport (zip 97365) resident is $53,072 a year. The US average is $69,021 a year.