Cove, OR — income, home value, property tax, and sales tax.
Households in the 97850 ZIP code, which takes in Cove, bring in a median income of $63,421, or $34,948 per person. With a median home value of $298,100 and a county property tax rate of 0.83%, annual property taxes on such a home come to roughly $2,474. Oregon has no combined sales tax here, so purchases don't add to that burden. That leaves earnings to cover housing, taxes, and everyday costs without a consumption tax layered on top.
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