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Garibaldi

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

Median Home$367,700
Median Rent$1,114/month
Population887
Leading IndustriesPublic Administration · Education · Arts, Food & Hospitality26% public administration
Home Value Growth+4.6% over 2 years
Young Adults35% of residentswell above average
Homeowners74% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
NotableAmenity Score67/100 · highly walkable area
Garibaldi
OR

Frequently Asked Questions

What are today's mortgage rates in Garibaldi?

As of today, the 30-year fixed mortgage rate for Garibaldi is approximately 6.924% (6.961% 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 Garibaldi?

The median home value in Garibaldi is $368k. The median monthly rent is $1,114. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Garibaldi?

Home values in Garibaldi have increased 4.6% 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 Garibaldi?

Based on a typical all-in ownership cost of $1,041/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $45k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Garibaldi is $56k/year.

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What industries drive the economy in Garibaldi?

The largest employment sectors in Garibaldi are public administration (26%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.