Oregon · Affordability

Home Price-to-Income Ratio in Oregon

Median home value divided by median household income; a higher ratio means homes cost more relative to what residents earn.

5.8× in 2024

#46 of 50 · Bottom tier (lower is better)

Oregon is worse than the 50-state median (4.2×). That's a gap of 1.6×.

View interactive chart & trend → See full 50-state ranking →

2005 – 2024 · Oregon only · interactive chart with US median overlay →

About home price-to-income ratio

What this measures: Median home value divided by median household income.

Why it matters: A higher ratio means it takes more years of typical income to buy a typical home, predicting both first-time buyer barriers and wealth inequality.

Watch out: This does not capture mortgage rates, property taxes, or other financing costs that shift the actual monthly payment.

Recent trend

YearOregonUS median
20144.7×3.4×
20154.9×3.4×
20165.0×3.5×
20175.3×3.5×
20185.4×3.5×
20195.3×3.4×
20215.9×3.8×
20226.3×4.1×
20236.0×4.1×
20245.8×4.2×

Oregon vs. neighboring states

Same metric (home price-to-income ratio), latest year with full state coverage. Click any name for that state's full report.

StateHome Price-to-Income RatioNational rank
Washington 6.1× #48 of 50
Idaho 5.5× #41 of 50
Nevada 5.6× #42 of 50
California 7.6× #49 of 50

How Oregon compares (2024)

Top 5 best

#1West Virginia2.8×
#2Iowa3.0×
#3Mississippi3.1×
#4Kansas3.2×
#5Ohio3.3×

Bottom 5

#46Oregon5.8×
#47Colorado5.9×
#48Washington6.1×
#49California7.6×
#50Hawaiʻi8.7×

Source and methodology

Source: Census ACS · Direction: lower is better · Unit: ×

Download raw CSV (all 50 states, all years)

Related Affordability metrics for Oregon

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