Study Finds Typical Oregon Homes Require Buyers to Make 6 Figures, Income Needed Jumps 46.2% Since 2020

Home For Sale Sign in Front of New House. (Adobe Stock)

In Portland, Oregon, a recent advisory might make prospective homebuyers in Oregon take a pause. A fresh analysis conducted by Bankrate’s financial experts reveals that owning a home in Oregon, as of 2024, is no small financial feat, requiring a salary well into the six-figure range. This trend isn’t isolated to Oregon alone; it’s a scenario playing out across nearly half of the United States. According to the report, Oregon is positioned as the 13th state in terms of the highest income needed to afford a home at the median price point, which, on a national level, averages

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