Philomath, OR 97370 is an attractive place to live with plenty of exciting opportunities. Despite the fact that 2 Bedroom Rent in this area is slightly more expensive than the national average at $1,220 compared with US 2 Bedroom Rent of $1,430, there are still many advantages to living in Philomath. With Grocery Cost Index at 101 versus 100 in the US, it is still cheaper to buy groceries here.
What makes Philomath truly special are all the amazing local businesses that call it home. Companies like Down to Earth Garden Center and Natural Foods Market and The Wine Cellar both add to the unique community feel of Philomath. There are also lots of outdoor activities like hiking trails and fishing spots that make for wonderful weekends spent outdoors. All in all, Philomath is a great place to live with something for everyone.
Philomath (zip 97370) has an unemployment rate of 4.9%. The US average is 6.0%.
Philomath (zip 97370) has seen the job market decrease by -5.7% over the last year. Future job growth over the next ten years is predicted to be 39.6%, which is higher than the US average of 33.5%.
Tax Rates for Philomath (zip 97370)
- The Sales Tax Rate for Philomath (zip 97370) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Philomath (zip 97370) 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 Philomath (zip 97370)
- The average income of a Philomath (zip 97370) resident is $39,412 a year. The US average is $37,638 a year.
- The Median household income of a Philomath (zip 97370) resident is $84,792 a year. The US average is $69,021 a year.