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Coos Bay

Learn about the people, housing, costs and businesses in Coos Bay, Oregon

Median Home$306,395
Median Rent$1,059/month
Population15,669
Leading IndustryPublic Administration25% of local workforce
Home Value Growth+7.7% over 2 years
Retirees25% of residentsabove average nationally
Homeowners61% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Coos Bay
OR

Frequently Asked Questions

What are today's mortgage rates in Coos Bay?

As of today, the 30-year fixed mortgage rate for Coos Bay is approximately 6.922% (6.959% 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 Coos Bay?

The median home value in Coos Bay is $306k. The median monthly rent is $1,059. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Coos Bay?

Home values in Coos Bay have increased 7.7% 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 Coos Bay?

Based on a typical all-in ownership cost of $1,117/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $48k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Coos Bay is $59k/year.

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What industries drive the economy in Coos Bay?

The largest employment sectors in Coos Bay are public administration (25%) and healthcare (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.