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Bandon

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

Median Home$465,336
Median Rent$1,238/month
Population3,014
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation14% arts, food & hospitality
Home Value Growth+6.3% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners71% of occupied units
NotableAmenity Score72/100 · highly walkable area
NotableHighly Educated25% bachelor's · 13% graduate · top 18% nationally
Bandon
OR

Frequently Asked Questions

What are today's mortgage rates in Bandon?

As of today, the 30-year fixed mortgage rate for Bandon is approximately 6.891% (6.927% 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 Bandon?

The median home value in Bandon is $465k. The median monthly rent is $1,238. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bandon?

Home values in Bandon have increased 6.3% over the past two years. This represents moderate growth. 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 Bandon?

Based on a typical all-in ownership cost of $1,159/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $50k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bandon is $52k/year.

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What industries drive the economy in Bandon?

The largest employment sectors in Bandon are public administration (21%) and healthcare (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.