Silverton, Oregon (97381) is a small town located in the Willamette Valley with a population of 9,222. The average 2 bedroom rent for Silverton is slightly lower than the US national average, at $1,270 compared to $1,430. The cost of groceries in Silverton is also lower than the US baseline; the Grocery Cost Index for Silverton is 101 versus 100 nationally. In Silverton, there are several businesses that provide goods and services to residents. These include popular grocery stores like Roth's Fresh Markets and Safeway as well as retail stores such as Downtown Silverton Consignment and L&M Store. Additionally, local restaurants like Dickey's BBQ Pit and DaVinci Ristorante offer delicious cuisine to the citizens of Silverton.
Silverton (zip 97381) has an unemployment rate of 6.2%. The US average is 6.0%.
Silverton (zip 97381) has seen the job market decrease by -2.8% over the last year. Future job growth over the next ten years is predicted to be 40.3%, which is higher than the US average of 33.5%.
Tax Rates for Silverton (zip 97381)
- The Sales Tax Rate for Silverton (zip 97381) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Silverton (zip 97381) 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 Silverton (zip 97381)
- The average income of a Silverton (zip 97381) resident is $34,909 a year. The US average is $37,638 a year.
- The Median household income of a Silverton (zip 97381) resident is $76,714 a year. The US average is $69,021 a year.