Quick facts: Canby, OR

Quick Facts

111
Cost of Living
above US average
18,074
Population
12.84
Crime Rate per 1000
below US average
$91,823
Median Income
above US average
$650,000
Median House Price
above US average
$1913.74
Average Rent
above US average
8%
Poverty Rate
below US average
3.9%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $91,823.

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Income Needed to Buy

βœ— Stretch
$204k/year
Based on $650,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $204k vs median $91,823
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Income Needed to Rent

βœ“ Affordable
$82k/year
Based on $1913.74/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($91,823) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Canby, OR

Canby, Oregon, is a vibrant small city located in Clackamas County, approximately 20 miles south of Portland. Known for its friendly community atmosphere, Canby offers a blend of natural beauty and a rich agricultural heritage. The city is surrounded by picturesque landscapes, including the nearby Cascade Range, providing residents and visitors with numerous outdoor activities like hiking, biking, and fishing. Canby features charming downtown areas with unique shops, restaurants, and local amenities, contributing to its small-town feel. The annual Canby Daisy Festival celebrates the city's floral heritage and attracts visitors from surrounding areas, showcasing local arts, crafts, and delicious food. Canby is also home to several parks, including Maple Street Park and Van Curen Park, which provide recreational opportunities for families and individuals alike. The nearby Canby Ferry connects the community to Wilsonville and adds to the area's accessibility. With a strong sense of community and excellent schools, Canby is an appealing location for families and individuals seeking a quieter lifestyle while remaining close to the amenities and employment opportunities of the larger Portland area.

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