Oak Grove, OR

Very High · 132

Oregon · Population 17,408 · Updated March 2026

$1,694
Median Rent / Month
$81,611
Median Income
$485,200
Median Home Value
$1,706
Owner Costs / Month

Affordability

How far your income goes in Oak Grove

24.9%
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

$20,328
Annual Rent
$8,079
State Income Tax
$4,512
Property Tax (est.)

Cost of Living Overview

Oak Grove has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 132 (where 100 equals the national median), Oak Grove residents can expect to pay median rent of $1,694/month while earning a median household income of $81,611/year.

The median home value in Oak Grove, OR is $485,200, with typical monthly owner costs around $1,706 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.9% 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 Oak Grove.

Frequently Asked Questions

Common questions about living costs in Oak Grove

What is the cost of living in Oak Grove, OR?
The cost of living index in Oak Grove, OR is 132 (US average = 100). Median monthly rent is $1,694, median household income is $81,611/year, and the median home value is $485,200.
Is Oak Grove, OR affordable?
No, Oak Grove is more expensive than the national average with a cost index of 132. The rent-to-income ratio is 24.9%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Oak Grove, OR?
The median gross rent in Oak Grove, OR is $1,694 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,328.
What is the median household income in Oak Grove?
The median household income in Oak Grove, OR is $81,611 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%.