Quick facts: Grand ronde, OR

Quick Facts

111
Cost of Living
above US average
1,410
Population
8.51
Crime Rate per 1000
below US average
$29,674
Median Income
below US average
$295,000
Median House Price
above US average
$1757
Average Rent
above US average
16%
Poverty Rate
above US average
5.4%
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 $29,674.

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Income Needed to Buy

βœ— Stretch
$93k/year
Based on $295,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $93k vs median $29,674
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Income Needed to Rent

⚠ Stretch
$75k/year
Based on $1757/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $75k vs median $29,674
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Grand ronde, OR

Grand Ronde is a small, unincorporated community located in Yamhill County, Oregon. Nestled in the picturesque Willamette Valley, it is surrounded by lush forests and rolling hills, offering a tranquil natural setting. The area is known for its rich Native American heritage, particularly as the home of the Confederated Tribes of the Grand Ronde Community, which strives to preserve its cultural identity and history. Grand Ronde is primarily residential and serves as a peaceful retreat from busier urban areas. Local attractions include the Spirit Mountain Casino, which provides entertainment, dining, and gaming experiences. Additionally, outdoor enthusiasts can explore nearby parks and hiking trails, making the most of the area’s natural beauty and wildlife. The community is conveniently located near larger cities such as Salem and McMinnville, providing easy access to a wider range of amenities and services. Though small in size, Grand Ronde’s charm, cultural significance, and scenic surroundings make it a unique and inviting place to visit or live.

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