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Mount Hood

Learn about the people, housing, costs and businesses in Mount Hood, Oregon

Median Home$518,000
Median Rent$1,292/month
Population342
Leading IndustriesArts, Food & Hospitality · Professional Services · Healthcare8% arts, food & hospitality
Home Value Growth+9.8% over 2 years
Young Adults42% of residentstop 2% nationally
Homeowners74% of occupied units
NotableHighly Educated30% bachelor's · 13% graduate · top 9% nationally
Mount Hood
OR

Frequently Asked Questions

What are today's mortgage rates in Mount Hood?

As of today, the 30-year fixed mortgage rate for Mount Hood is approximately 6.870% (6.905% 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 Mount Hood?

The median home value in Mount Hood is $518k. The median monthly rent is $1,292. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mount Hood?

Home values in Mount Hood have increased 9.8% 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 Mount Hood?

Based on a typical all-in ownership cost of $1,205/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mount Hood is $83k/year.

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What industries drive the economy in Mount Hood?

The largest employment sectors in Mount Hood are public administration (25%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.