Zip 97840 (Oxbow, OR) Economy


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United States / Oregon / No Metro Area / Baker County / No City / Oxbow (zip 97840)
97840 Oxbow, OR is an ideal place for working professionals or families looking for a home with affordable rent. The average two bedroom rental rate is $820 in 97840 Oxbow, OR, which is $610 cheaper than the US average of $1,430. It also has a Grocery Cost Index that is 105 versus 100 in the US. Therefore, living costs are relatively lower in 97840 Oxbow, OR compared to the US average. \nIn 97840 Oxbow, OR there are numerous local companies that employ people from the area such as Bank of Eastern Oregon, Community Connection of Northeast Oregon, U-Haul Company of Eastern Oregon and Old West Federal Credit Union. These companies provide economic security as well as job opportunities for residents in and around 97840 Oxbow.

Oxbow (zip 97840) has an unemployment rate of 7.1%. The US average is 6.0%.

Oxbow (zip 97840) has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 35.5%, which is higher than the US average of 33.5%.

Tax Rates for Oxbow (zip 97840)
- The Sales Tax Rate for Oxbow (zip 97840) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Oxbow (zip 97840) 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 Oxbow (zip 97840)
- The average income of a Oxbow (zip 97840) resident is $33,648 a year. The US average is $28,555 a year.
- The Median household income of a Oxbow (zip 97840) resident is $128,750 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOxbow, OregonUnited States
  7.16
  -0.9%-6.2%
  35.5%33.5%
  0.0%6.2%
  9.0%4.6%
  $37,808$37,638
  $128,750$69,021
  $128,750$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  0.0%6.8%
  0.0%10.0%
  0.0%2.5%
  9.1%11.0%
  0.0%4.8%
  13.6%0.8%
  8.0%1.9%
  0.0%4.7%
  0.0%1.9%
  8.0%7.6%
  0.0%0.1%
  14.8%4.2%
  19.3%9.3%
  5.7%14.0%
  0.0%2.1%
  0.0%7.0%
  0.0%4.8%
  21.6%4.7%
Health