The typical owner-occupied home in Ione is worth about $159,800, 67% below the Oregon median of $477,600 and 52% below the national median of $332,700. Owners pay a median $1,763 a year in property taxes, about 1.10% of their home's value, higher than the Oregon rate of 0.81%. The median household earns $75,893 a year, so the median home costs 2.1 times the median income (5.8 times for Oregon). 77% of occupied homes here are lived in by their owners, and 45% of those owners still have a mortgage.
Ione at a glance
| Ione | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $159,800 | $477,600 | $332,700 |
| Median property tax paid per year | $1,763 | $3,876 | $3,119 |
| Property tax as a share of value | 1.10% | 0.81% | 0.94% |
| Median household income | $75,893 | $83,011 | $80,734 |
| Homes lived in by their owners | 77% | 63% | 65% |
| Owner homes with a mortgage | 45% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $1,198 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 17.2% | 22.4% | 21.0% |
| Median rent | $1,217 | $1,525 | $1,413 |
| Rent as a share of renters' income | 21.4% | 31.3% | 30.6% |
| Median year homes were built | 1961 | 1981 | 1980 |
| Vacant homes | 9.4% | 7.5% | 10.1% |
| Population | 456 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Ione
At this week's average 30-year rate of 7.11%, buying the median Ione home of $159,800 with 20% down costs about $1,073 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,339, 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 $45,988 for the 20%-down payment. That payment is 17% of the median Ione household income of $75,893; at that income and 20% down, the 28% guideline points to a home of about $264,000.
The median rent here is $1,217 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $31,960 |
|---|---|
| Loan amount | $127,840 |
| Principal and interest | $860 |
| Property taxes (1.10% a year) | $146 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| PMI | $0 |
| Total per month | $1,073 |
Change the numbers in the calculator
| Down payment | $5,593 |
|---|---|
| Loan amount | $156,906 |
| Principal and interest | $1,056 |
| Property taxes (1.10% a year) | $146 |
| Homeowners insurance (our estimate, 0.5% a year) | $67 |
| FHA mortgage insurance | $71 |
| Total per month | $1,339 |
Change the numbers in the calculator
Questions about home buying in Ione
What is the median home value in Ione?
About $159,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Ione?
Homeowners pay a median $1,763 a year, which is about 1.10% 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 Ione?
For the median home with 20% down at 7.11%, the payment is about $1,073 a month. Keeping that under 28% of gross income takes about $45,988 a year.
More about Ione
- Mortgage Refinance in Ione
- Debt Relief in Ione
- Home Equity Loans in Ione
- 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