The typical owner-occupied home in North Powder is worth about $142,200, 70% below the Oregon median of $477,600 and 57% below the national median of $332,700. Owners pay a median $988 a year in property taxes, about 0.69% of their home's value, lower than the Oregon rate of 0.81%. The median household earns $52,273 a year, so the median home costs 2.7 times the median income (5.8 times for Oregon). 74% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
North Powder at a glance
| North Powder | Oregon | U.S. | |
|---|---|---|---|
| Median home value | $142,200 | $477,600 | $332,700 |
| Median property tax paid per year | $988 | $3,876 | $3,119 |
| Property tax as a share of value | 0.69% | 0.81% | 0.94% |
| Median household income | $52,273 | $83,011 | $80,734 |
| Homes lived in by their owners | 74% | 63% | 65% |
| Owner homes with a mortgage | 66% | 65% | 61% |
| Median monthly costs, owners with a mortgage | $954 | $2,157 | $1,963 |
| Those costs as a share of the owners' income | 14.0% | 22.4% | 21.0% |
| Median rent | $815 | $1,525 | $1,413 |
| Rent as a share of renters' income | 34.8% | 31.3% | 30.6% |
| Median year homes were built | 1938 | 1981 | 1980 |
| Vacant homes | 4.4% | 7.5% | 10.1% |
| Population | 563 | 4,254,293 | 334,922,499 |
What a typical home costs per month in North Powder
At this week's average 30-year rate of 7.11%, buying the median North Powder home of $142,200 with 20% down costs about $906 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,143, 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 $38,841 for the 20%-down payment. That payment is 21% of the median North Powder household income of $52,273; at that income and 20% down, the 28% guideline points to a home of about $191,000.
The median rent here is $815 a month, so owning the median home costs about $91 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $28,440 |
|---|---|
| Loan amount | $113,760 |
| Principal and interest | $765 |
| Property taxes (0.69% a year) | $82 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| PMI | $0 |
| Total per month | $906 |
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| Down payment | $4,977 |
|---|---|
| Loan amount | $139,624 |
| Principal and interest | $939 |
| Property taxes (0.69% a year) | $82 |
| Homeowners insurance (our estimate, 0.5% a year) | $59 |
| FHA mortgage insurance | $63 |
| Total per month | $1,143 |
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Questions about home buying in North Powder
What is the median home value in North Powder?
About $142,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in North Powder?
Homeowners pay a median $988 a year, which is about 0.69% 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 North Powder?
For the median home with 20% down at 7.11%, the payment is about $906 a month. Keeping that under 28% of gross income takes about $38,841 a year.
More about North Powder
- Mortgage Refinance in North Powder
- Debt Relief in North Powder
- Home Equity Loans in North Powder
- 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