Central Point, OR

Average · 98

Oregon · Population 19,183 · Updated March 2026

$1,268
Median Rent / Month
$80,450
Median Income
$357,700
Median Home Value
$1,280
Owner Costs / Month

Affordability

How far your income goes in Central Point

18.9%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Oregon

State-level tax rates that affect your costs

9.9%
Income Tax (Top Rate)
0%
Sales Tax
0.93%
Property Tax Rate

Estimated Annual Costs

$15,216
Annual Rent
$7,965
State Income Tax
$3,327
Property Tax (est.)

Cost of Living Overview

Central Point has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 98 (where 100 equals the national median), Central Point residents can expect to pay median rent of $1,268/month while earning a median household income of $80,450/year.

The median home value in Central Point, OR is $357,700, with typical monthly owner costs around $1,280 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.9% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Oregon's top income tax rate of 9.9% is among the highest in the nation, adding to the overall cost burden. Combined with a 0% sales tax rate and 0.93% effective property tax rate, the overall tax environment is a factor in the total cost of living in Central Point.

Frequently Asked Questions

Common questions about living costs in Central Point

What is the cost of living in Central Point, OR?
The cost of living index in Central Point, OR is 98 (US average = 100). Median monthly rent is $1,268, median household income is $80,450/year, and the median home value is $357,700.
Is Central Point, OR affordable?
Yes, Central Point is more affordable than the national average with a cost index of 98. The rent-to-income ratio is 18.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Central Point, OR?
The median gross rent in Central Point, OR is $1,268 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $15,216.
What is the median household income in Central Point?
The median household income in Central Point, OR is $80,450 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Oregon?
Oregon has a top income tax rate of 9.9%, a sales tax of 0%, and an effective property tax rate of 0.93%.