The typical owner-occupied home in Troutdale is worth about $456,100, 5% below the Oregon median of $477,600 and 37% above the national median of $332,700. Owners pay a median $4,316 a year in property taxes, about 0.95% of their home's value, higher than the Oregon rate of 0.81%. The median household earns $89,337 a year, so the median home costs 5.1 times the median income (5.8 times for Oregon). 69% of occupied homes here are lived in by their owners, and 72% of those owners still have a mortgage.
Troutdale at a glance
| Troutdale | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $456,100 | $477,600 | $332,700 |
| Median property tax paid per year | $4,316 | $3,876 | $3,119 |
| Property tax as a share of value | 0.95% | 0.81% | 0.94% |
| Median household income | $89,337 | $83,011 | $80,734 |
| Homes lived in by their owners | 69% | 63% | 65% |
| Owner homes with a mortgage | 72% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $2,099 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 24.2% | 22.4% | 21.0% |
| Median rent | $1,653 | $1,525 | $1,413 |
| Rent as a share of renters' income | 30.4% | 31.3% | 30.6% |
| Median year homes were built | 1992 | 1981 | 1980 |
| Vacant homes | 4.4% | 7.5% | 10.1% |
| Population | 15,923 | 4,254,293 | 334,922,499 |
What a typical home costs per month in Troutdale
At this week's average 30-year rate of 7.11%, buying the median Troutdale home of $456,100 with 20% down costs about $3,006 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,765, 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 $128,815 for the 20%-down payment. That payment is 40% of the median Troutdale household income of $89,337; at that income and 20% down, the 28% guideline points to a home of about $316,000.
The median rent here is $1,653 a month, so owning the median home costs about $1,353 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $91,220 |
|---|---|
| Loan amount | $364,880 |
| Principal and interest | $2,455 |
| Property taxes (0.95% a year) | $361 |
| Homeowners insurance (our estimate, 0.5% a year) | $190 |
| PMI | $0 |
| Total per month | $3,006 |
Change the numbers in the calculator
| Down payment | $15,964 |
|---|---|
| Loan amount | $447,839 |
| Principal and interest | $3,013 |
| Property taxes (0.95% a year) | $361 |
| Homeowners insurance (our estimate, 0.5% a year) | $190 |
| FHA mortgage insurance | $202 |
| Total per month | $3,765 |
Change the numbers in the calculator
Questions about home buying in Troutdale
What is the median home value in Troutdale?
About $456,100 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Troutdale?
Homeowners pay a median $4,316 a year, which is about 0.95% 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 Troutdale?
For the median home with 20% down at 7.11%, the payment is about $3,006 a month. Keeping that under 28% of gross income takes about $128,815 a year.
More about Troutdale
- Mortgage Refinance in Troutdale
- Debt Relief in Troutdale
- Home Equity Loans in Troutdale
- 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