Pendleton Economy Information
February 3rd, 2008 Posted in Pendleton Real Estate
Top Five Business Establishments
1. Services, Banking and Insurances
2. Healthcare and Social Programs
3. Retail Stores
4. Hotels and Food Service
5. Construction and Repair
Jobs: Unemployment is a relatively low 5% and during the next 10 years jobs are expected to increase by over 20%.
Income: The Median Family income is approximately $45,000.
Cost of Living: The cost of living in Pendleton is substantially lower than the national average, mostly due to the low cost of housing.
Weather: Pendleton’s average annual rainfall is only 14 inches along with 2 inches of snowfall. Pendleton boasts over 200 sunny days per year. The average high tempature in July is about 89 degrees and the average low in January is about 26 degrees.
Education: Pendleton works hard to provide good schools, and spends about $5,500 per student with a 1 to 21 teacher to student ratio.
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