Yamhill County · Oregon · West · 26k residents
Newberg, OR: economy, jobs & business costs
The site-selection read on Newberg: 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 $1,102/wk. Oregon's corporate income tax rate is 7.6%. Commercial electricity averages 10.1¢/kWh.
Compare Newberg side by side
Avg. weekly wage
$1,102/wk
Corporate income tax
7.6%
Bachelor's degree or higher
34.2%
Commercial electricity
10.1¢/kWh
Economic momentum
How fast Newberg's economy is moving, ranked against the US cities we track.
50/100
Steady
Ranks Newberg's residential building-permit and 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 | $472,100 |
| Price per sq. ft. | $300 |
| Property tax rate | 0.93% |
| 1-bedroom rent | $1,352/mo |
| 2-bedroom rent | $1,641/mo |
| State & local income tax | 7.48% |
| Sales tax | 0% |
| Corporate income tax | 7.6% |
| Avg. weekly wage | $1,102/wk |
| Bachelor's degree or higher | 34.2% |
| Commercial electricity | 10.1¢/kWh |
| Businesses per 1k residents | 32.7/1k |
| Wage: Software developer | $156,000 |
| Wage: Registered nurse | $130,310 |
| Wage: General manager | $121,050 |
| Wage: Customer service | $48,650 |
| Wage: Warehouse worker | $44,440 |
| Wage: Heavy truck driver | $63,800 |
| Wage: Electrician | $105,090 |
| Wage: Retail salesperson | $37,340 |
| Cost of living index | 113 |
| 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 | $93,232 |
| Unemployment rate | 4.2% |
| Population | 26k |
| Crime index | 50/100 |
| School rating | 5.5/10 |
| Walkability | 30/100 |
| Disaster risk | 83/100 |
| Avg. commute | 24 min |
| Sunny days / year | 160 days |
| July high | 81°F |
| January low | 35°F |
| Annual snowfall | 1 in |
| Home price YoY | -1.6% |
| Home price MoM | -0.5% |
| Rent YoY | +2.2% |
| Rent MoM | +0.4% |
| Employment (jobs) YoY | +1.4% |
| Building permits YoY | -56.0% |
| Ocean coast | 57 mi |
| Big lake | 319 mi |
| Mountains | 62 mi |
| Major airport | 26 mi |
| Ski resort | 61 mi |
Popular comparisons
Nearby
- Sherwood, OR · 20k
- Wilsonville, OR · 27k
- Tualatin, OR · 28k
- Woodburn, OR · 28k
- Tigard, OR · 56k
Similar size
- Forest Grove, OR · 27k
- Happy Valley, OR · 27k
- West Linn, OR · 27k
- Roseburg, OR · 24k
- Klamath Falls, OR · 22k
Real listings in Newberg
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Newberg 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 $1,102/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 Newberg, OR?
- Newberg indexes at 113 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,641/mo and a acs median home value of $472,100.
- How much does a house cost in Newberg?
- The acs median home value in Newberg is $472,100 (Census ACS estimate; individual listings vary).
- How much is rent in Newberg?
- A two-bedroom in Newberg rents for about $1,641/mo.