Housing costs in Oakridge?
A typical home costs
$253,300, which is 25.1% less expensive than the national average of
$338,100 and 45.9% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Oakridge costs
$1,100 per month, which is 27.6% cheaper than the national average of
$1,520 and 22.7% cheaper than the state average of
$1,350.
Can I afford Oakridge?
To live comfortably in Oakridge (zip 97463), Oregon, a minimum annual income of
$48,600 for a family, and
$33,600 for a single person is recommended.
What does A.I. say about Oakridge?
The cost of living in 97463 Oakridge, OR is relatively low compared to the rest of Oregon. The median home value in the area is $204,500, which is far lower than the state average of $359,800. Other living expenses such as transportation and utilities are also lower than the state averages. Property taxes are slightly higher at an average rate of 1.53%, but still well below most of Oregon's other communities. Overall, Oakridge offers a surprisingly affordable cost of living for those looking to buy or rent a home in this beautiful area.