The typical owner-occupied home in Powers is worth about $159,900, 67% below the Oregon median of $477,600 and 52% below the national median of $332,700. Owners pay a median $1,220 a year in property taxes, about 0.76% of their home's value, lower than the Oregon rate of 0.81%. The median household earns $48,625 a year, so the median home costs 3.3 times the median income (5.8 times for Oregon). 72% of occupied homes here are lived in by their owners, and 36% of those owners still have a mortgage.
Powers at a glance
| Powers | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $159,900 | $477,600 | $332,700 |
| Median property tax paid per year | $1,220 | $3,876 | $3,119 |
| Property tax as a share of value | 0.76% | 0.81% | 0.94% |
| Median household income | $48,625 | $83,011 | $80,734 |
| Homes lived in by their owners | 72% | 63% | 65% |
| Owner homes with a mortgage | 36% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,000 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 35.0% | 22.4% | 21.0% |
| Median rent | $1,223 | $1,525 | $1,413 |
| Rent as a share of renters' income | 40.8% | 31.3% | 30.6% |
| Median year homes were built | 1964 | 1981 | 1980 |
| Vacant homes | 15.4% | 7.5% | 10.1% |
| Population | 613 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Powers
At this week's average 30-year rate of 7.11%, buying the median Powers home of $159,900 with 20% down costs about $1,028 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,295, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $44,076 for the 20%-down payment. That payment is 25% of the median Powers household income of $48,625; at that income and 20% down, the 28% guideline points to a home of about $176,000.
The median rent here is $1,223 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $31,980 |
|---|---|
| Loan amount | $127,920 |
| Principal and interest | $861 |
| Property taxes (0.76% a year) | $101 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| PMI | $0 |
| Total per month | $1,028 |
Change the numbers in the calculator
| Down payment | $5,596 |
|---|---|
| Loan amount | $157,004 |
| Principal and interest | $1,056 |
| Property taxes (0.76% a year) | $101 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| FHA mortgage insurance | $71 |
| Total per month | $1,295 |
Change the numbers in the calculator
Questions about home buying in Powers
What is the median home value in Powers?
About $159,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Powers?
Homeowners pay a median $1,220 a year, which is about 0.76% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Powers?
For the median home with 20% down at 7.11%, the payment is about $1,028 a month. Keeping that under 28% of gross income takes about $44,076 a year.
More about Powers
- Mortgage Refinance in Powers
- Debt Relief in Powers
- Home Equity Loans in Powers
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data