The typical owner-occupied home in Hines is worth about $288,200, 40% below the Oregon median of $477,600 and 13% below the national median of $332,700. Owners pay a median $2,620 a year in property taxes, about 0.91% of their home's value, higher than the Oregon rate of 0.81%. The median household earns $78,355 a year, so the median home costs 3.7 times the median income (5.8 times for Oregon). 73% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Hines at a glance
| Hines | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $288,200 | $477,600 | $332,700 |
| Median property tax paid per year | $2,620 | $3,876 | $3,119 |
| Property tax as a share of value | 0.91% | 0.81% | 0.94% |
| Median household income | $78,355 | $83,011 | $80,734 |
| Homes lived in by their owners | 73% | 63% | 65% |
| Owner homes with a mortgage | 72% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,519 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 14.7% | 22.4% | 21.0% |
| Median rent | $496 | $1,525 | $1,413 |
| Rent as a share of renters' income | 32.2% | 31.3% | 30.6% |
| Median year homes were built | 1960 | 1981 | 1980 |
| Vacant homes | 6.5% | 7.5% | 10.1% |
| Population | 1,604 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Hines
At this week's average 30-year rate of 7.11%, buying the median Hines home of $288,200 with 20% down costs about $1,890 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,370, 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 $80,984 for the 20%-down payment. That payment is 29% of the median Hines household income of $78,355; at that income and 20% down, the 28% guideline points to a home of about $279,000.
The median rent here is $496 a month, so owning the median home costs about $1,394 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $57,640 |
|---|---|
| Loan amount | $230,560 |
| Principal and interest | $1,551 |
| Property taxes (0.91% a year) | $219 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| PMI | $0 |
| Total per month | $1,890 |
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| Down payment | $10,087 |
|---|---|
| Loan amount | $282,980 |
| Principal and interest | $1,904 |
| Property taxes (0.91% a year) | $219 |
| Homeowners insurance (our estimate, 0.5% a year) | $120 |
| FHA mortgage insurance | $127 |
| Total per month | $2,370 |
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Questions about home buying in Hines
What is the median home value in Hines?
About $288,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Hines?
Homeowners pay a median $2,620 a year, which is about 0.91% 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 Hines?
For the median home with 20% down at 7.11%, the payment is about $1,890 a month. Keeping that under 28% of gross income takes about $80,984 a year.
More about Hines
- Mortgage Refinance in Hines
- Debt Relief in Hines
- Home Equity Loans in Hines
- 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