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Annex

Learn about the people, housing, costs and businesses in Annex, Oregon

Median Home$245,600
Median Rent$1,235/month
Population246
Leading IndustriesProfessional Services · Finance & Insurance · Construction5% professional services
Home Value Growth⬆⬆⬆+22.1% over 2 years
Young Adults27% of residentsnear the national average
Homeowners67% of occupied units
NotableTransit80/100 · excellent transit access
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Annex
OR

Frequently Asked Questions

What are today's mortgage rates in Annex?

As of today, the 30-year fixed mortgage rate for Annex is approximately 6.894% (6.930% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Annex?

The median home value in Annex is $246k. The median monthly rent is $1,235. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Annex?

Home values in Annex have increased 22.1% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Annex?

Based on a typical all-in ownership cost of $996/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Annex is $64k/year.

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What industries drive the economy in Annex?

The largest employment sectors in Annex are public administration (24%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.