Milwaukie Tax Comparison
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Milwaukie Tax Comparison |
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State of Oregon Cost Advantages:
No Sales tax
No inventory tax
No worldwide unitary tax
No motor vehicle excise tax
No business and occupations tax
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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