Zip 97378 (Sheridan, OR) Economy


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97378 Sheridan, OR is a charming city located near the Willamette valley. It is known for its quaint and cozy atmosphere. The median two bedroom rent in Sheridan is $1,620 per month which is slightly higher than the national average of $1,430. Grocery costs are relatively low compared to the US with an index of 99 versus 100 nationally.
Sheridan offers plenty of activities and amenities for locals and visitors alike. There are several companies in town such as Hysteria Brewing Company, The 99W Drive-in Theater, and the Salem Mayor's Office. Residents enjoy taking walks around town to explore local shops, visit nearby parks and museums, or hiking trails through nearby forests. With its close proximity to Portland, many residents take day trips to explore all that Oregon has to offer!

Sheridan (zip 97378) has an unemployment rate of 5.8%. The US average is 6.0%.

Sheridan (zip 97378) has seen the job market decrease by -4.3% 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 Sheridan (zip 97378)
- The Sales Tax Rate for Sheridan (zip 97378) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Sheridan (zip 97378) 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 Sheridan (zip 97378)
- The average income of a Sheridan (zip 97378) resident is $29,616 a year. The US average is $37,638 a year.
- The Median household income of a Sheridan (zip 97378) resident is $63,372 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySheridan, OregonUnited States
    Unlock6
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    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
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    Unlock4.2%
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