Counties › Oregon

Cost of Living in Polk County, OR

Population 89,662 · Census ACS 2020–2024 5-year estimates

Median rent$1,299
Median home value$454,700
Median household income$85,118

The median rent in Polk County, OR is $1,299/month, 15% lower than the Oregon median and 8% lower than the U.S. median. The median home value is $454,700, 37% higher than the national median. Households earn a median of $85,118 a year, 3% higher than the state median.

Affordability

Rent as a share of median income: 18.3%
Income needed for median rent (30% rule): $51,960/yr
Home price-to-income ratio: 5.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $2,299/mo

Run your own numbers: mortgage calculator · hourly to salary

Polk County vs. Oregon vs. U.S.

Polk CountyOregonU.S.
Median rent$1,299$1,525$1,413
Median home value$454,700$477,600$332,700
Median household income$85,118$83,011$80,734
Homeownership rate64.7%63.3%65.2%
Bachelor's degree or higher31.2%36.8%35.7%
Poverty rate12.7%11.9%12.5%
Unemployment rate5.7%5.4%5.2%
Work from home17.5%19.0%15.1%
Median age37.840.438.9

FAQ

What is the average rent in Polk County, OR?

The median gross rent in Polk County, OR is $1,299 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Polk County, OR?

Using the common 30% rule, renting a median-priced home takes about $51,960 a year in gross income.

Is Polk County, OR expensive to live in?

Rent there is 8% lower than the U.S. median, and the median home costs about 5.3 times the median household income.

Other counties in Oregon

Multnomah County, ORRent $1,646 · Income $88,766Washington County, ORRent $1,849 · Income $107,772Clackamas County, ORRent $1,758 · Income $103,517Lane County, ORRent $1,355 · Income $71,544Marion County, ORRent $1,414 · Income $77,351Jackson County, ORRent $1,358 · Income $73,999

Counties with a similar cost of living

Albany County, NYRent $1,313 · Income $85,333Caroline County, VARent $1,293 · Income $87,407Mason County, WARent $1,285 · Income $83,270Naugatuck Valley Planning Region, CTRent $1,330 · Income $86,191Talbot County, MDRent $1,256 · Income $84,811Grafton County, NHRent $1,301 · Income $88,261

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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