The typical owner-occupied home in Neotsu is worth about $591,100, 24% above the Oregon median of $477,600 and 78% above the national median of $332,700. The median household earns $105,133 a year, so the median home costs 5.6 times the median income (5.8 times for Oregon). 86% of occupied homes here are lived in by their owners, and 40% of those owners still have a mortgage.
Neotsu at a glance
| Neotsu | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $591,100 | $477,600 | $332,700 |
| Median property tax paid per year | – | $3,876 | $3,119 |
| Median household income | $105,133 | $83,011 | $80,734 |
| Homes lived in by their owners | 86% | 63% | 65% |
| Owner homes with a mortgage | 40% | 65% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 24.9% | 22.4% | 21.0% |
| Median rent | – | $1,525 | $1,413 |
| Median year homes were built | 1981 | 1981 | 1980 |
| Vacant homes | 37.3% | 7.5% | 10.1% |
| Population | 872 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Neotsu
At this week's average 30-year rate of 7.11%, buying the median Neotsu home of $591,100 with 20% down costs about $3,969 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,954, 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 $170,109 for the 20%-down payment. That payment is 45% of the median Neotsu household income of $105,133; at that income and 20% down, the 28% guideline points to a home of about $365,000.
| Down payment | $118,220 |
|---|---|
| Loan amount | $472,880 |
| Principal and interest | $3,181 |
| Property taxes (1.10% a year) | $542 |
| Homeowners insurance (our estimate, 0.5% a year) | $246 |
| PMI | $0 |
| Total per month | $3,969 |
Change the numbers in the calculator
| Down payment | $20,688 |
|---|---|
| Loan amount | $580,394 |
| Principal and interest | $3,904 |
| Property taxes (1.10% a year) | $542 |
| Homeowners insurance (our estimate, 0.5% a year) | $246 |
| FHA mortgage insurance | $261 |
| Total per month | $4,954 |
Change the numbers in the calculator
Questions about home buying in Neotsu
What is the median home value in Neotsu?
About $591,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Neotsu?
For the median home with 20% down at 7.11%, the payment is about $3,969 a month. Keeping that under 28% of gross income takes about $170,109 a year.
More about Neotsu
- Mortgage Refinance in Neotsu
- Debt Relief in Neotsu
- Home Equity Loans in Neotsu
- 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