Quick facts: Saint paul, OR

Quick Facts

111
Cost of Living
above US average
429
Population
27.97
Crime Rate per 1000
above US average
$109,250
Median Income
above US average
$1,950,000
Median House Price
above US average
$1757
Average Rent
above US average
Poverty rate Data is updating, will be available soon
4.2%
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 $109,250.

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Income Needed to Buy

βœ— Stretch
$612k/year
Based on $1,950,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $612k vs median $109,250
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Income Needed to Rent

βœ“ Affordable
$75k/year
Based on $1757/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($109,250) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Saint paul, OR

Saint Paul is a small city located in Marion County, Oregon. Nestled in the heart of the Willamette Valley, it is part of the larger Salem Metropolitan Area and offers a charming rural atmosphere with close access to urban amenities. Founded in the late 19th century, Saint Paul has retained much of its historical character, showcased by its quaint downtown and historic buildings. The city is known for its agricultural roots, surrounded by lush farmland and vineyards, contributing to Oregon's reputation for high-quality produce and wines. Nature enthusiasts can explore nearby parks and the scenic Willamette River, which provides recreational opportunities such as fishing, hiking, and boating. Saint Paul is also famous for its annual events, such as the Saint Paul Rodeo, which attracts visitors from across the region. The community is tight-knit, fostering a friendly small-town vibe, and is conveniently located just a short drive from larger cities like Salem and Portland, making it an appealing option for those seeking a peaceful life with easy access to urban conveniences.

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