Table
Population | |
---|---|
Mean travel time to work (minutes), workers age 16 years+, 2015-2019 | 23.9 |
Income & Poverty | |
Median household income (in 2019 dollars), 2015-2019 | $62,818 |
Per capita income in past 12 months (in 2019 dollars), 2015-2019 | $33,763 |
Contents
What is considered a good salary in Oregon?
You need an income of $60,195 to ‘live comfortably’ in Portland, study says. A Portland resident needs to make about $60,000 to “live comfortably” in the city, according to a report by a personal finance and banking site.
What is the average salary in Oregon?
The annual average wage for all occupations in Oregon was $55,349 in 2020, or $26.61 per hour. Of the occupations with published data lifeguards, ski patrol, and other recreational protective service workers had the lowest average wage of $12.91 per hour.
What is the average wage in Oregon 2021?
$58,443
The annual average wage for all occupations in Oregon was $58,443 in 2021, or $28.10 per hour. Of the occupations with published data, gambling dealers had the lowest average wage of $13.14 per hour. Orthodontists had the highest average wage ($147.76 per hour).
How much do you need to make to live comfortably in Oregon?
According to a post today on GoBankingRates, you need to make $60,195 to “live comfortably” in Portland.
What is middle class in Oregon?
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State | Middle-class income | Median household income |
---|---|---|
Oregon | $74,865 | $67,058 |
New Jersey | $74,485 | $85,751 |
Maryland | $71,844 | $86,738 |
Utah | $71,034 | $75,780 |
Is Oregon expensive to live in?
Oregon is one of the most expensive states to live in. In fact, as of July 2021, Oregon was ranked the 5th most expensive state to live in, with a cost of living 31.43% higher than the national average.
What is a good hourly wage in Oregon?
Hourly Rate Salary in Oregon
Annual Salary | Hourly Wage | |
---|---|---|
Top Earners | $58,804 | $28 |
75th Percentile | $45,632 | $22 |
Average | $36,869 | $18 |
25th Percentile | $27,285 | $13 |
Is 65000 a good salary?
A salary of $65,000 can be a high income in many parts in the United States but below average in other parts.A $65,000 salary may easily meet your budget needs in an area with a lower cost of living but may just cover your basics in an area with a high cost of living.
What is a good salary per hour?
The national mean salary in the United States is $56,310 according to the National Compensation Survey. That works out to be $27 per hour. So in order to be above average, you have to earn more than $28 per hour.
What is low income in Oregon?
For Portland, the United States Department of Housing and Urban Development requirement to be considered low income in 2018 for a one-person family is $45,600, and very low income is $28,500. A family of four must make no more than $65,100 to be considered low income and $40,700 to be considered very low income.
Is living in Oregon affordable?
Oregon Has a Lot to Offer
Oregon is listed as the 26th most populous state, and affordability is one of the main reasons. While Portland is quite popular, it’s actually not one of the most desirable cities to live in Oregon, at least in terms of affordability.
What is poverty level in Oregon?
2020 Poverty Guideline
Persons in Household | Poverty Guideline |
---|---|
1 | $12,760 |
2 | $17,240 |
3 | $21,720 |
4 | $26,200 |
What is upper class salary?
What Is a Middle-Class Income?
Income group | Income |
---|---|
Lower-middle class | $32,048 – $53,413 |
Middle class | $53,413 – $106,827 |
Upper-middle class | $106,827 – $373,894 |
Rich | $373,894 and up |
Is $40 000 a year middle class?
Pew defines “middle class” as a person earning between two-thirds and twice the median American household income, which in 2019 was $68,703, according to the United States Census Bureau. That puts the base salary to be in the middle class just shy of $46,000.
Is 75000 a good salary?
According to the census, the national average household income in 2019 was $68,703. A living wage would fall below this number while an ideal wage would exceed this number. Given this, a good salary would be $75,000.In other words, a $75,000 salary would cover the basic necessities in even the priciest of areas.
What is the best area to live in Oregon?
7 Best Places to Live in Oregon
- Portland. Population: 2,174,000. Median Household Income: $53,230.
- Eugene. Population: 168,302. Median Household Income: $49,029.
- Salem. Population: 169,259.
- Corvallis. Population: 58,028.
- Bend. Population: 93,917.
- Beaverton. Population: 97,861.
- Hillsboro. Population: 106,543.
What state is the cheapest state to live in?
Mississippi
1. Mississippi. The cheapest state to live in in the United States is Mississippi. Overall, Mississippi’s average cost of living is about 15% lower than the national average cost of living.
Is it cheaper to live in Oregon or Colorado?
The cost of living in Portland, OR is 4.6% higher than in Denver, CO. You would have to earn a salary of $62,749 to maintain your current standard of living. Employers in Portland, OR typically pay 2.7% more than employeers in Denver, CO.
What’s considered a living wage?
The living wage in the United States is $16.54 per hour, or $68,808 per year, in 2019, before taxes for a family of four (two working adults, two children), compared to $16.14 in 2018. The minimum wage does not provide a living wage for most American families.
Is 62k a good salary?
$60,000 per year is a really good salary to live comfortably on. However, everyone’s situation and finances are different.