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May-13-2008 |
Milwaukie Tax Comparison
State of Oregon Cost Advantages:
Milwaukie Cost Advantages:
| City of Milwaukie | City of Portland | ||
| 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 if greater than $25,000 | |
| Transit District Tax (Tri-met) | .6218% of payroll | .6218% of payroll | |
| Property (all real estate and personal property valued in excess of $12,000) | $17.5 - $17.7 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 | 1.25% taxable income (temporary tax, approved for years 2003 - 2006) | |
| Local | None | None | |
| Property | $17.5 - $17.7 per $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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