Klamath County · Oregon · West · 22k residents
Klamath Falls, OR: economy, jobs & business costs
The site-selection read on Klamath Falls: labor costs, talent, corporate tax, energy, and business activity, with the Oregon median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,056/wk. Oregon's corporate income tax rate is 7.6%. Commercial electricity averages 10.1¢/kWh.
Compare Klamath Falls side by side
Avg. weekly wage
$1,056/wk
Corporate income tax
7.6%
Bachelor's degree or higher
24%
Commercial electricity
10.1¢/kWh
Economic momentum
How fast Klamath Falls's economy is moving, ranked against the US cities we track.
44/100
Steady
Ranks Klamath Falls's jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $287,000 |
| Price per sq. ft. | $300 |
| Property tax rate | 0.93% |
| 1-bedroom rent | $786/mo |
| 2-bedroom rent | $1,009/mo |
| State & local income tax | 7.48% |
| Sales tax | 0% |
| Corporate income tax | 7.6% |
| Avg. weekly wage | $1,056/wk |
| Bachelor's degree or higher | 24% |
| Commercial electricity | 10.1¢/kWh |
| Businesses per 1k residents | 32.3/1k |
| Wage: Software developer | $142,720 |
| Wage: Registered nurse | $129,010 |
| Wage: General manager | $103,490 |
| Wage: Customer service | $47,450 |
| Wage: Warehouse worker | $43,480 |
| Wage: Heavy truck driver | $61,980 |
| Wage: Electrician | $101,310 |
| Wage: Retail salesperson | $36,770 |
| Cost of living index | 93 |
| Groceries index | 105 |
| Utilities | $165/mo |
| Transit pass | $100/mo |
| Gas price | $3.85/gal |
| Healthcare index | 104 |
| Childcare (per child) | $1,350/mo |
| Median household income | $46,693 |
| Unemployment rate | 4.2% |
| Population | 22k |
| Crime index | 50/100 |
| School rating | 5.5/10 |
| Walkability | 30/100 |
| Disaster risk | 78/100 |
| Avg. commute | 24 min |
| Sunny days / year | 160 days |
| July high | 86°F |
| January low | 22°F |
| Annual snowfall | — |
| Home price YoY | +2.7% |
| Home price MoM | -0.1% |
| Rent YoY | +2.0% |
| Rent MoM | -0.5% |
| Employment (jobs) YoY | +0.1% |
| Building permits YoY | — |
| Ocean coast | 128 mi |
| Big lake | 108 mi |
| Mountains | 52 mi |
| Major airport | 56 mi |
| Ski resort | 121 mi |
Popular comparisons
Nearby
- Altamont, OR · 20k
- Ashland, OR · 21k
- Medford, OR · 86k
- Central Point, OR · 19k
- Grants Pass, OR · 39k
Similar size
- Milwaukie, OR · 21k
- Hayesville, OR · 21k
- Roseburg, OR · 24k
- Sherwood, OR · 20k
- Hermiston, OR · 20k
Real listings in Klamath Falls
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Klamath Falls a good place to run a business?
- Oregon's corporate income tax rate is 7.6%; average weekly wages in the surrounding labor market run $1,056/wk; commercial electricity averages 10.1¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Klamath Falls, OR?
- Klamath Falls indexes at 93 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,009/mo and a acs median home value of $287,000.
- How much does a house cost in Klamath Falls?
- The acs median home value in Klamath Falls is $287,000 (Census ACS estimate; individual listings vary).
- How much is rent in Klamath Falls?
- A two-bedroom in Klamath Falls rents for about $1,009/mo.