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Cornelius

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

Median Home$445,116
Median Rent$1,590/month
Population14,288
Leading IndustriesRetail · Construction · Agriculture & Mining17% retail
Home Value Growth+4.4% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners76% of occupied units
NotableAmenity Score68/100 · highly walkable area
NotableHigh Incomes$93k/year · top 22% nationally
Cornelius
OR

Frequently Asked Questions

What are today's mortgage rates in Cornelius?

As of today, the 30-year fixed mortgage rate for Cornelius is approximately 6.855% (6.890% 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 Cornelius?

The median home value in Cornelius is $445k. The median monthly rent is $1,590. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Cornelius?

Home values in Cornelius have increased 4.4% 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 Cornelius?

Based on a typical all-in ownership cost of $1,694/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $73k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Cornelius is $93k/year.

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What industries drive the economy in Cornelius?

The largest employment sectors in Cornelius are public administration (20%) and retail (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.