Marion County
Oregon ยท Pop. 347,818
Ranked #127 of 200 counties
38Crisis
Median Home Price
๐$380K
3.5% YoY
Median Rent
๐$1,500
Median Income
๐ฐ$58K
Rent Burden
๐32.0%
% of income to rent
Housing Shortage
๐๏ธ4,000
estimated unit deficit
Building Permits (2024)
๐2,200
Price-to-Income Ratio
โ๏ธ6.6x
Homeownership Rate
๐ก58.0%
How Marion County Compares
| Metric | Marion County | Oregon | National |
|---|---|---|---|
| Home Price | $380K | $485K | $410K |
| Rent | $1,500 | $1,481 | $1,500 |
| Income | $58K | $80K | $75K |
| Rent Burden | 32.0% | 35.5% | 30.0% |
| Homeownership | 58.0% | 63.0% | 65.0% |
Key Takeaways
- โข Home prices are 7% below the national average.
- โข Rent is about average the national average.
- โข The county has an estimated housing shortage of 4,000 units.
- โข 2,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.5%.