Cornelius, OR

Above Avg · 115

Oregon · Population 13,700 · Updated March 2026

$1,475
Median Rent / Month
$90,071
Median Income
$419,000
Median Home Value
$1,552
Owner Costs / Month

Affordability

How far your income goes in Cornelius

19.7%
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

$17,700
Annual Rent
$8,917
State Income Tax
$3,897
Property Tax (est.)

Cost of Living Overview

Cornelius is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 115 (where 100 equals the national median), Cornelius residents can expect to pay median rent of $1,475/month while earning a median household income of $90,071/year.

The median home value in Cornelius, OR is $419,000, with typical monthly owner costs around $1,552 including mortgage, insurance, and taxes. The median rent-to-income ratio of 19.7% 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 Cornelius.

Frequently Asked Questions

Common questions about living costs in Cornelius

What is the cost of living in Cornelius, OR?
The cost of living index in Cornelius, OR is 115 (US average = 100). Median monthly rent is $1,475, median household income is $90,071/year, and the median home value is $419,000.
Is Cornelius, OR affordable?
No, Cornelius is more expensive than the national average with a cost index of 115. The rent-to-income ratio is 19.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Cornelius, OR?
The median gross rent in Cornelius, OR is $1,475 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,700.
What is the median household income in Cornelius?
The median household income in Cornelius, OR is $90,071 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%.