Washington is one of the seven states in the country that do not charge income taxes. Oregon, on the other hand, does collect income tax from its residents. However, Oregon does not charge a sales tax on purchased goods, while Washington has a sales tax of up to 10%. Washington residents, on the other hand, while they pay sales taxes, they don't pay income taxes and house prices are much lower than their Oregon neighbors.
Which means that if you lived and paid taxes in Washington State, but did all your shopping in Oregon, you could save yourself a huge tax break by simply traveling between the two states. Washington and Oregon enjoy property tax rates far below those of many other coastal states. Oregon has 30th lowest property tax rate out of 50 states and Washington is 29th lowest. Unlike other coastal states, Washington and Oregon have lower property taxes.
The highest property tax rate in Oregon is ranked 30th, and the lowest is in Washington at 29th position. In the United States, Washington is among the seven states without income taxes. Washington, however, has a 10% sales tax, while Oregon does not. It should be noted that these taxes are not directly related to housing costs, although they do affect the maximum amount of money a buyer can bring to the purchase of a home.
There are cheap housing opportunities in eastern Washington and on the Olympic Peninsula, but the Puget Sound region is more expensive than Oregon. Of course, if you LIVE in Washington, you must file a form with the Washington State Department of Revenue detailing your purchases in Oregon and paying the required sales tax. Comparing with Washington and other states has become something of a sport for Oregon's state economists. Although Oregon has one of the highest income tax rates in the country, the state currently does not have sales taxes.
The state of Oregon does not charge a sales tax on purchased goods; Washington, however, has a sales tax of 12.5%. Stevenson, Washington and Grants Pass, Oregon offer great small-town living in the region, while Portland and Seattle can meet all your larger metropolitan needs. Unlike other states, Oregon does not collect personal income taxes for work done outside the state, as does Washington, where no income tax is levied. I have worked in Washington for 10 years and moved back and forth between Oregon and Washington several times (usually for 2 years each) and both have great advantages and disadvantages.
Homebuyers moving to the Portland-Vancouver region have the flexibility to choose a home in Oregon or Washington. I recently made my first trip to the northwest coast and was pleasantly surprised to find that there was no sales tax in the state of Oregon, so of course I bought all the new clothes I could bring with me to Colorado. Real estate prices in Oregon are slightly cheaper than nationally, although they are higher than both. Although Washingtonians pay sales taxes, while Oregonians don't, they keep a greater share of their annual income at nearly 10 percent by living in a state without income taxes.
Some Tax Experts Say Oregon-Based Employers Can Take Advantage of Working From Home in Washington. It embodies life in a small Oregon town and is within easy reach of a multitude of recreational opportunities in the Cascade Mountains, on the Rogue River and along the Oregon coast. .
