Table of Contents
- 1 How much does a single person need to make to live in Portland Oregon?
- 2 What is the average household income in Portland Oregon?
- 3 What is low income in Oregon?
- 4 What is middle class income in Oregon?
- 5 How much does it cost to live in Portland Oregon per month?
- 6 Is Portland a good place to live?
- 7 How much do you need to live comfortably on a salary?
How much does a single person need to make to live in Portland 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 household income in Portland Oregon?
The US average is $28,555 a year. – The Median household income of a Portland resident is $53,230 a year….Income and Salaries for Portland.
ECONOMY | Portland, Oregon | United States |
---|---|---|
Household Income | $61,532 | $57,652 |
Family Median Income | $80,212 | $70,850 |
POPULATION BY OCCUPATION |
Can you live in Portland on minimum wage?
The living wage is used to determine the minimum amount of money required to live above the poverty level. In Portland, you’ll need to earn at least $18.72 per hour if you’re single with no children or $33.44 per hour for a family of three.
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.
What is middle class income 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 |
What is high income in Oregon?
To be among the top 1 percent of earners in Oregon in 2018, a taxpayer had to earn at least $441,700. Their average income was $1,139,000 that year, more than triple its inflation-adjusted average income in 1980 of $348,000. Meanwhile, the income of the typical (median) Oregonian stagnated.
How much does it cost to live in Portland Oregon per month?
A single person monthly costs: 989.36$ without rent. Cost of living index in Portland is 20.72\% lower than in New York. Cost of living rank 38 th out of 376 cities in the world. Portland has a cost of living index of 79.28.
Is Portland a good place to live?
Portland is 22.78\% less expensive than New York (without rent, see our cost of living index ). Rent in Portland is, on average, 47.71\% lower than in New York.
How much money do you need to live on your own?
While you can get by as a single person on a $22,000 annual salary in Kentucky or Arkansas, you’ll need at least $30,000 in Hawaii or Maryland. That’s according to data from MIT’s living wage calculator, which determines the minimum amount necessary to meet basic needs without relying on outside help.
How much do you need to live comfortably on a salary?
All data from MIT’s Living Wage calculator. Depending on where you live in the United States, the amount needed to live comfortably can vary greatly. While you can get by as a single person on a $22,000 annual salary in Kentucky or Arkansas, you’ll need at least $30,000 in Hawaii or Maryland.