Quick facts: North plains, OR

Quick Facts

111
Cost of Living
above US average
3,396
Population
14.13
Crime Rate per 1000
below US average
$109,559
Median Income
above US average
$487,900
Median House Price
above US average
$2521.0
Average Rent
above US average
5%
Poverty Rate
below US average
3.5%
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 $109,559.

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Income Needed to Buy

βœ— Stretch
$153k/year
Based on $487,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $153k vs median $109,559
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Income Needed to Rent

βœ“ Affordable
$108k/year
Based on $2521.0/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($109,559) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for North plains, OR

North Plains is a charming city located in Washington County, Oregon, approximately 20 miles northwest of downtown Portland. Nestled in the picturesque Tualatin Valley, it offers a blend of rural tranquility and easy access to urban amenities. The city is known for its outdoor recreational opportunities, with several parks and natural areas that are perfect for hiking, biking, and enjoying nature. North Plains has a small-town feel with a close-knit community, boasting a population of around 3,500 residents. The town features a variety of local shops, restaurants, and cafes that contribute to its unique character. One popular attraction is the historic North Plains Depot, which highlights the area's rich railroad history. The city is surrounded by scenic farmland and offers stunning views of the nearby mountains and lush landscapes. North Plains is also conveniently located near various wineries and vineyards, making it an ideal spot for those interested in Oregon's renowned wine country. With its friendly atmosphere, beautiful surroundings, and proximity to Portland, North Plains is an appealing destination for those seeking a peaceful yet connected lifestyle.

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