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Manzanita

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

Median Home$586,100
Median Rent$1,625/month
Population602
Leading IndustriesProfessional Services · Wholesale Trade · Education3% professional services
Home Value Growth⬆⬆+12.9% over 2 years
Retirees24% of residentsslightly above average
Homeowners95% of occupied units
NotableAmenity Score75/100 · highly walkable area
NotableHighly Educated23% hold a bachelor's degree · top 23% nationally
Manzanita
OR

Frequently Asked Questions

What are today's mortgage rates in Manzanita?

As of today, the 30-year fixed mortgage rate for Manzanita is approximately 6.905% (6.941% 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 Manzanita?

The median home value in Manzanita is $586k. The median monthly rent is $1,625. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Manzanita?

Home values in Manzanita have increased 12.9% over the past two years. This indicates a strong appreciation trend. 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 Manzanita?

Based on a typical all-in ownership cost of $1,113/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 Manzanita is $78k/year.

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What industries drive the economy in Manzanita?

The largest employment sectors in Manzanita are public administration (24%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.