Hillsboro, OR

Very High · 141

Oregon · Population 107,050 · Updated March 2026

$1,896
Median Rent / Month
$103,207
Median Income
$483,400
Median Home Value
$1,892
Owner Costs / Month

Affordability

How far your income goes in Hillsboro

22.0%
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

$22,752
Annual Rent
$10,217
State Income Tax
$4,496
Property Tax (est.)

Cost of Living Overview

Hillsboro has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 141 (where 100 equals the national median), Hillsboro residents can expect to pay median rent of $1,896/month while earning a median household income of $103,207/year.

The median home value in Hillsboro, OR is $483,400, with typical monthly owner costs around $1,892 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.0% 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 Hillsboro.

Frequently Asked Questions

Common questions about living costs in Hillsboro

What is the cost of living in Hillsboro, OR?
The cost of living index in Hillsboro, OR is 141 (US average = 100). Median monthly rent is $1,896, median household income is $103,207/year, and the median home value is $483,400.
Is Hillsboro, OR affordable?
No, Hillsboro is more expensive than the national average with a cost index of 141. The rent-to-income ratio is 22.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Hillsboro, OR?
The median gross rent in Hillsboro, OR is $1,896 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $22,752.
What is the median household income in Hillsboro?
The median household income in Hillsboro, OR is $103,207 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%.