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Milwaukie Tax Comparison |
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State of Oregon Cost Advantages:
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No Sales tax
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No inventory tax
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No worldwide unitary tax
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No motor vehicle excise tax
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No business and occupations tax
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No direct levies on intangible properties (such as stocks, bonds and securities)
Milwaukie Cost Advantages:
| City of Milwaukie | City of Portland | ||
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Miles from downtown |
6 to 10 miles | 0 to 8 miles | |
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Business Taxes |
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| Income | State | 6.6% taxable business income - minimum $10 | 6.6% taxable business income - minimum $10 |
| County | None | 1.45% income apportioned to county | |
| Local (business license tax) | $100 + $3 per owner/employee | $100 minimum or 2.2% net income earned within the city above $50,000 | |
| Transit District Tax (Tri-Met) | .6618% of payroll | .6218% of payroll | |
| Property (all real estate and personal property valued in excess of $12,000) | $18.8686 per $1,000 assessed value | $21.0 -$22.0 per $1,000 assessed value | |
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Personal Taxes |
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| Income | State | 5%-9% taxable income | 5%-9% taxable income |
| County | None | None | |
| Local | None | None | |
| Property | 18.8686per $1,000 assessed value | $21.0 -$22.0 per $1,000 assessed value | |
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| Median Home Value (2004) | $188,101 | $190,564 | |
| Average Home Value (2004) | $204,216 | $231,360 | |
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