Marion County

Oregon ยท Pop. 347,818

Ranked #127 of 200 counties

38Crisis

Median Home Price

๐Ÿ 

$380K

3.5% YoY

Median Rent

๐Ÿ”‘

$1,500

Median Income

๐Ÿ’ฐ

$58K

Rent Burden

๐Ÿ“Š

32.0%

% of income to rent

Housing Shortage

๐Ÿ—๏ธ

4,000

estimated unit deficit

Building Permits (2024)

๐Ÿ“‹

2,200

Price-to-Income Ratio

โš–๏ธ

6.6x

Homeownership Rate

๐Ÿก

58.0%

How Marion County Compares

MetricMarion CountyOregonNational
Home Price$380K$485K$410K
Rent$1,500$1,481$1,500
Income$58K$80K$75K
Rent Burden32.0%35.5%30.0%
Homeownership58.0%63.0%65.0%

Key Takeaways

  • โ€ข Home prices are 7% below the national average.
  • โ€ข Rent is about average the national average.
  • โ€ข The county has an estimated housing shortage of 4,000 units.
  • โ€ข 2,200 building permits were issued in 2024.
  • โ€ข Year-over-year home prices changed by 3.5%.