The typical owner-occupied home in Mehama is worth about $366,700, 23% below the Oregon median of $477,600 and 10% above the national median of $332,700. Owners pay a median $2,229 a year in property taxes, about 0.61% of their home's value, lower than the Oregon rate of 0.81%. 69% of occupied homes here are lived in by their owners, and 100% of those owners still have a mortgage.
Mehama at a glance
| Mehama | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $366,700 | $477,600 | $332,700 |
| Median property tax paid per year | $2,229 | $3,876 | $3,119 |
| Property tax as a share of value | 0.61% | 0.81% | 0.94% |
| Median household income | – | $83,011 | $80,734 |
| Homes lived in by their owners | 69% | 63% | 65% |
| Owner homes with a mortgage | 100% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,561 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 13.5% | 22.4% | 21.0% |
| Median rent | – | $1,525 | $1,413 |
| Median year homes were built | 1972 | 1981 | 1980 |
| Vacant homes | 0.0% | 7.5% | 10.1% |
| Population | 425 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Mehama
At this week's average 30-year rate of 7.11%, buying the median Mehama home of $366,700 with 20% down costs about $2,313 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,924, 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 $99,114 for the 20%-down payment.
| Down payment | $73,340 |
|---|---|
| Loan amount | $293,360 |
| Principal and interest | $1,973 |
| Property taxes (0.61% a year) | $186 |
| Homeowners insurance (our estimate, 0.5% a year) | $153 |
| PMI | $0 |
| Total per month | $2,313 |
Change the numbers in the calculator
| Down payment | $12,834 |
|---|---|
| Loan amount | $360,058 |
| Principal and interest | $2,422 |
| Property taxes (0.61% a year) | $186 |
| Homeowners insurance (our estimate, 0.5% a year) | $153 |
| FHA mortgage insurance | $162 |
| Total per month | $2,924 |
Change the numbers in the calculator
Questions about home buying in Mehama
What is the median home value in Mehama?
About $366,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mehama?
Homeowners pay a median $2,229 a year, which is about 0.61% 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 Mehama?
For the median home with 20% down at 7.11%, the payment is about $2,313 a month. Keeping that under 28% of gross income takes about $99,114 a year.
More about Mehama
- Mortgage Refinance in Mehama
- Debt Relief in Mehama
- Home Equity Loans in Mehama
- 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