97221 Portland, OR is a great area for those looking for an affordable place to live. The average 2 bedroom rent in the area is $1,940 which is much lower than the US average of $1,430. This makes it a great option for families or those who want their own space without breaking the bank. Not only is rent affordable, but local groceries have a grocery cost index of 107 versus the US median of 100. Local residents have access to many amenities and businesses such as Fred Meyer, Starbucks and local parks all located within close proximity to 97221 Portland, OR.
Portland (zip 97221) has an unemployment rate of 6.9%. The US average is 6.0%.
Portland (zip 97221) has seen the job market decrease by -4.8% 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 97221)
- The Sales Tax Rate for Portland (zip 97221) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Portland (zip 97221) is 9.0%. The US average is 4.6%.
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Income and Salaries for Portland (zip 97221)
- The average income of a Portland (zip 97221) resident is $74,563 a year. The US average is $37,638 a year.
- The Median household income of a Portland (zip 97221) resident is $124,449 a year. The US average is $69,021 a year.