Quick facts: Walton, OR

Quick Facts

111
Cost of Living
above US average
267
Population
44.94
Crime Rate per 1000
above US average
$55,000
Median Income
below US average
$800,000
Median House Price
above US average
$1757
Average Rent
above US average
12%
Poverty Rate
above US average
4.5%
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 $55,000.

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Income Needed to Buy

βœ— Stretch
$251k/year
Based on $800,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $251k vs median $55,000
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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 $55,000
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Walton, OR

Walton is a small, unincorporated community located in Lane County, Oregon. Nestled in the picturesque Willamette Valley, Walton is surrounded by beautiful natural landscapes, including forests, rivers, and rolling hills. The area is known for its outdoor recreational opportunities, with many locals and visitors enjoying activities such as hiking, fishing, and camping in the nearby Siuslaw National Forest. The community maintains a rural, laid-back atmosphere, appealing to those seeking a peaceful lifestyle away from the hustle and bustle of urban areas. Walton itself has a small population, and while it may not have extensive commercial facilities, residents and visitors can find nearby amenities in larger towns like Florence and Eugene, which are just a short drive away. Locals typically cherish the warmth of the close-knit community, and the area is characterized by its friendly residents and charming rural environment. Overall, Walton serves as a serene retreat for nature enthusiasts and those looking to escape the frenetic pace of city life.

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