Quick facts: Wolf creek, OR

Quick Facts

111
Cost of Living
above US average
284
Population
52.82
Crime Rate per 1000
above US average
$55,000
Median Income
below US average
$374,900
Median House Price
above US average
$1757
Average Rent
above US average
12%
Poverty Rate
above US average
5.2%
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 $55,000.

🏠

Income Needed to Buy

βœ— Stretch
$118k/year
Based on $374,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $118k vs median $55,000
🏒

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 Wolf creek, OR

Wolf Creek, Oregon is a small, unincorporated community located in Josephine County, nestled in the enchanting landscape of southwestern Oregon. Situated along the scenic Rogue River, Wolf Creek offers a tranquil, rural atmosphere, making it an ideal escape for nature lovers and outdoor enthusiasts. The area is surrounded by breathtaking natural beauty, with lush forests, rolling hills, and nearby mountains, providing ample opportunities for hiking, fishing, and camping. Wolf Creek is known for its charming community feel, with a population that emphasizes a close-knit lifestyle. The region has a rich history, dating back to its days as a mining town in the 19th century. Although small, the community offers essential services and a few local businesses, catering to both residents and visitors. The proximity to larger cities like Grants Pass (about 20 miles to the north) ensures that residents can access more extensive amenities while enjoying the peacefulness of rural life. Wolf Creek’s mild climate, combined with its natural attractions, makes it a lovely spot for those seeking relaxation or adventure in the great outdoors.

πŸ” Search & Compare Places

First Location πŸ“