Quick facts: Central point, OR

Quick Facts

111
Cost of Living
above US average
19,222
Population
16.28
Crime Rate per 1000
below US average
$79,731
Median Income
below US average
$419,900
Median House Price
above US average
$17015.0
Average Rent
above US average
10%
Poverty Rate
below US average
4.5%
Unemployment Rate
above 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 $79,731.

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Income Needed to Buy

βœ— Stretch
$132k/year
Based on $419,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $132k vs median $79,731
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Income Needed to Rent

⚠ Stretch
$729k/year
Based on $17015.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $729k vs median $79,731
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Central point, OR

Central Point is a small city located in Jackson County, Oregon, nestled in the scenic Rogue Valley. With a population of around 20,000, it offers a charming blend of suburban living and natural beauty. Central Point is known for its community-oriented atmosphere and vibrant local culture. One of its key attractions is the annual Expo, which hosts various events, including fairs, concerts, and sporting competitions, drawing visitors from across the region. The city also boasts several parks and recreational areas, such as Bear Creek Park, providing residents and visitors with opportunities for outdoor activities like hiking, picnicking, and sports. The nearby Rogue River offers fishing, rafting, and hiking, making Central Point a great base for outdoor enthusiasts. A growing downtown area features restaurants, shops, and galleries, enhancing its community spirit. Additionally, Central Point is conveniently located along Interstate 5, making it easy for residents to explore nearby cities like Medford and Ashland, or to travel further afield in the beautiful Pacific Northwest. Overall, Central Point presents a warm, family-friendly environment with a strong sense of community and access to nature.

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