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Polk County Housing Market

Oregon · 36 counties · Ranked #2946 in home value

Above National Avg

Housing at a Glance

Median Home Value

$419,500

vs national+$419,500 vs $281,900 national

Median Gross Rent

$1,270/mo

vs national+$1,270 vs $1,163 national

Effective Tax Rate

0.84%

vs national0.84% vs 1.02% national

Median Household Income

$81,318

vs national+$81,318 vs $74,755 national

Affordability Ratio

5.2x

Home value ÷ income. <3 = affordable, >5 = expensive.

Rent Burden

30.0%

% of income spent on rent. >30% = burdened.

More Housing Data

Property Tax (Median)

$3,534

Tax as % of Home Value

0.84%

Monthly Owner Cost

$1,592

Renter Income

$50,169

Frequently Asked Questions

What is the median home value in Polk County?
The median home value in Polk County is $419,500. This is above the national median of $281,900.
How much is rent in Polk County?
The median gross rent in Polk County is $1,270 per month.
What is the property tax rate in Polk County?
The effective property tax rate in Polk County is 0.84%. The median annual property tax bill is $3,534.
Is Polk County affordable?
With a home-value-to-income ratio of 5.2x, Polk County is considered expensive compared to the recommended 3-4x guideline.

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.