Portland, Oregon is a great place to live with a vibrant culture, plenty of activities, and friendly locals. The average two bedroom rent in Portland's 97209 zip code is $2,360 which is more expensive than the national average two bedroom rent of $1,430. The Grocery Cost Index for 97209 is 104, which is 4 points higher than the US Index of 100. This reflects the higher cost of living in Portland compared to other cities across the US. There are many local companies that help contribute to Portland's economy such as Nike, Intel, and Legacy Health System. Overall Portland has a high cost of living but plenty to offer its residents making it an attractive destination for people looking for a place to call home.
Portland (zip 97209) has an unemployment rate of 6.9%. The US average is 6.0%.
Portland (zip 97209) 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 42.4%, which is higher than the US average of 33.5%.
Tax Rates for Portland (zip 97209)
- The Sales Tax Rate for Portland (zip 97209) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Portland (zip 97209) 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 Portland (zip 97209)
- The average income of a Portland (zip 97209) resident is $77,990 a year. The US average is $37,638 a year.
- The Median household income of a Portland (zip 97209) resident is $72,323 a year. The US average is $69,021 a year.