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Lacomb

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

Median Home$469,425
Median Rent$1,177/month
Population563
Leading IndustriesInformation & Media · Public Administration8% information & media
Home Value Growth+5.5% over 2 years
Retirees24% of residentsslightly above average
Homeowners78% of occupied units
Lacomb
OR

Frequently Asked Questions

What are today's mortgage rates in Lacomb?

As of today, the 30-year fixed mortgage rate for Lacomb is approximately 6.906% (6.942% 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 Lacomb?

The median home value in Lacomb is $469k. The median monthly rent is $1,177. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lacomb?

Home values in Lacomb have increased 5.5% 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 Lacomb?

Based on a typical all-in ownership cost of $1,176/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 Lacomb is $80k/year.

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What industries drive the economy in Lacomb?

The largest employment sectors in Lacomb are public administration (27%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.