97490 Walton, OR is a small town located in the eastern part of Oregon. It has a population of roughly 534 people according to the 2019 census, making it an ideal spot for those seeking a quiet and peaceful life away from big city crowds. The area offers plenty of outdoor activities such as camping, fishing and hiking. There are also numerous local businesses such as Northwest Farmers Market and Neskowin Valley Farm & Garden Store that offer great shopping options for locals and tourists alike. In terms of job opportunities, there are many agricultural businesses in the area where you can find employment. In terms of cost of living, 2 bedroom apartment rents in 97490 Walton, OR is $1,340 which is lower than the US national average which is $1,430. Additionally, grocery costs are slightly higher due to its rural location with the Grocery Cost Index in 97490 Walton being 102 versus 100 in the US.
Walton (zip 97490) has an unemployment rate of 6.8%. The US average is 6.0%.
Walton (zip 97490) has seen the job market decrease by -5.5% 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 Walton (zip 97490)
- The Sales Tax Rate for Walton (zip 97490) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Walton (zip 97490) 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 Walton (zip 97490)
- The average income of a Walton (zip 97490) resident is $32,190 a year. The US average is $37,638 a year.
- The Median household income of a Walton (zip 97490) resident is $103,750 a year. The US average is $69,021 a year.