The typical owner-occupied home in Wedderburn is worth about $725,000, 52% above the Oregon median of $477,600 and 2.2 times the national median of $332,700. Owners pay a median $3,288 a year in property taxes, about 0.45% of their home's value, lower than the Oregon rate of 0.81%. The median household earns $52,941 a year, so the median home costs 13.7 times the median income (5.8 times for Oregon). 83% of occupied homes here are lived in by their owners, and 74% of those owners still have a mortgage.
Wedderburn at a glance
| Wedderburn | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $725,000 | $477,600 | $332,700 |
| Median property tax paid per year | $3,288 | $3,876 | $3,119 |
| Property tax as a share of value | 0.45% | 0.81% | 0.94% |
| Median household income | $52,941 | $83,011 | $80,734 |
| Homes lived in by their owners | 83% | 63% | 65% |
| Owner homes with a mortgage | 74% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,894 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 43.1% | 22.4% | 21.0% |
| Median rent | – | $1,525 | $1,413 |
| Median year homes were built | 1982 | 1981 | 1980 |
| Vacant homes | 70.8% | 7.5% | 10.1% |
| Population | 206 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Wedderburn
At this week's average 30-year rate of 7.11%, buying the median Wedderburn home of $725,000 with 20% down costs about $4,476 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,683, 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 $191,814 for the 20%-down payment. That payment is 101% of the median Wedderburn household income of $52,941; at that income and 20% down, the 28% guideline points to a home of about $200,000.
| Down payment | $145,000 |
|---|---|
| Loan amount | $580,000 |
| Principal and interest | $3,902 |
| Property taxes (0.45% a year) | $272 |
| Homeowners insurance (our estimate, 0.5% a year) | $302 |
| PMI | $0 |
| Total per month | $4,476 |
Change the numbers in the calculator
| Down payment | $25,375 |
|---|---|
| Loan amount | $711,868 |
| Principal and interest | $4,789 |
| Property taxes (0.45% a year) | $272 |
| Homeowners insurance (our estimate, 0.5% a year) | $302 |
| FHA mortgage insurance | $321 |
| Total per month | $5,683 |
Change the numbers in the calculator
Questions about home buying in Wedderburn
What is the median home value in Wedderburn?
About $725,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Wedderburn?
Homeowners pay a median $3,288 a year, which is about 0.45% 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 Wedderburn?
For the median home with 20% down at 7.11%, the payment is about $4,476 a month. Keeping that under 28% of gross income takes about $191,814 a year.
More about Wedderburn
- Mortgage Refinance in Wedderburn
- Debt Relief in Wedderburn
- Home Equity Loans in Wedderburn
- 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