Where does your county rank in the ratio of wealth to cost of living?

SmartAsset recently published rankings of counties with the highest ratio of wealth to cost of living. Deschutes County made the list based on how their median household wealth and Social Security income measured against the local cost of living. The list below shows how Deschutes County measured up against the top counties in Oregon:

Rank County Median Household Wealth Social Security Income Cost of Living Income Tax as a % of Gross Income Wealth to Cost of Living Index
1 Crook, OR $40,319 $18,037 $16,566 4.60% 39.87
2 Clackamas, OR $43,218 $18,670 $19,821 4.60% 34.22
3 Columbia, OR $40,365 $18,329 $19,183 4.60% 33.34
4 Grant, OR $33,128 $18,260 $16,947 4.60% 32.95
5 Wallowa, OR $28,929 $17,031 $16,303 4.60% 29.95
6 Baker, OR $27,825 $17,102 $16,069 4.60% 29.62
7 Polk, OR $29,746 $17,535 $17,709 4.60% 27.84
8 Douglas, OR $26,463 $17,208 $16,502 4.60% 27.51
9 Tillamook, OR $26,118 $18,174 $17,302 4.60% 26.29
10 Deschutes, OR $30,298 $17,114 $18,841 4.60% 25.68

The rankings were compiled as part of SmartAsset’s overarching study on retirement preparedness. For more detail on the study and methodology, you can visit the website: https://smartasset.com/retirement/401k-calculator#Oregon/wealth-to-cost-of-living

 

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