The typical owner-occupied home in Veneta is worth about $385,200, 19% below the Oregon median of $477,600 and 16% above the national median of $332,700. Owners pay a median $3,585 a year in property taxes, about 0.93% of their home's value, higher than the Oregon rate of 0.81%. The median household earns $66,890 a year, so the median home costs 5.8 times the median income (5.8 times for Oregon). 74% of occupied homes here are lived in by their owners, and 63% of those owners still have a mortgage.
Veneta at a glance
| Veneta | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $385,200 | $477,600 | $332,700 |
| Median property tax paid per year | $3,585 | $3,876 | $3,119 |
| Property tax as a share of value | 0.93% | 0.81% | 0.94% |
| Median household income | $66,890 | $83,011 | $80,734 |
| Homes lived in by their owners | 74% | 63% | 65% |
| Owner homes with a mortgage | 63% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,804 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 24.9% | 22.4% | 21.0% |
| Median rent | $1,590 | $1,525 | $1,413 |
| Rent as a share of renters' income | 37.8% | 31.3% | 30.6% |
| Median year homes were built | 1995 | 1981 | 1980 |
| Vacant homes | 2.1% | 7.5% | 10.1% |
| Population | 5,200 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Veneta
At this week's average 30-year rate of 7.11%, buying the median Veneta home of $385,200 with 20% down costs about $2,532 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,174, 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 $108,516 for the 20%-down payment. That payment is 45% of the median Veneta household income of $66,890; at that income and 20% down, the 28% guideline points to a home of about $237,000.
The median rent here is $1,590 a month, so owning the median home costs about $942 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $77,040 |
|---|---|
| Loan amount | $308,160 |
| Principal and interest | $2,073 |
| Property taxes (0.93% a year) | $299 |
| Homeowners insurance (our estimate, 0.5% a year) | $160 |
| PMI | $0 |
| Total per month | $2,532 |
Change the numbers in the calculator
| Down payment | $13,482 |
|---|---|
| Loan amount | $378,223 |
| Principal and interest | $2,544 |
| Property taxes (0.93% a year) | $299 |
| Homeowners insurance (our estimate, 0.5% a year) | $160 |
| FHA mortgage insurance | $170 |
| Total per month | $3,174 |
Change the numbers in the calculator
Questions about home buying in Veneta
What is the median home value in Veneta?
About $385,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Veneta?
Homeowners pay a median $3,585 a year, which is about 0.93% 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 Veneta?
For the median home with 20% down at 7.11%, the payment is about $2,532 a month. Keeping that under 28% of gross income takes about $108,516 a year.
More about Veneta
- Mortgage Refinance in Veneta
- Debt Relief in Veneta
- Home Equity Loans in Veneta
- 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