Quick facts: Woodburn, OR

Quick Facts

111
Cost of Living
above US average
27,290
Population
38.07
Crime Rate per 1000
above US average
$58,916
Median Income
below US average
$438,400
Median House Price
above US average
$1829.86
Average Rent
above US average
12%
Poverty Rate
above US average
3.8%
Unemployment Rate
below 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 $58,916.

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Income Needed to Buy

βœ— Stretch
$138k/year
Based on $438,400 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $138k vs median $58,916
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Income Needed to Rent

⚠ Stretch
$78k/year
Based on $1829.86/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $78k vs median $58,916
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Woodburn, OR

Woodburn, Oregon, is a vibrant city located in Marion County, about 25 miles south of Portland. With a population of approximately 25,000 residents, Woodburn is known for its diverse community and rich agricultural background. The city is particularly famous for the Woodburn Premium Outlets, which attract shoppers from all over the region, offering a variety of brand-name stores at discounted prices. Surrounded by fertile farmland, Woodburn is also home to several annual events that celebrate its agricultural heritage, such as the Festival Latino and the Woodburn Lavender Festival. The city features numerous parks and recreational areas, including the popular Woodburn City Park, which offers picnic areas, playgrounds, and sports facilities. Woodburn is known for its strong sense of community and family-friendly atmosphere. The city's location provides easy access to nearby natural attractions, including the scenic Oregon Coast and the Cascade Mountains, making it a great place for outdoor enthusiasts. With a blend of cultural diversity, shopping, and recreational opportunities, Woodburn stands out as a welcoming destination in the Pacific Northwest.

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