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Rowena

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

Median Home$437,300
Median Rent$1,027/month
Population188
Leading IndustriesWholesale Trade · Transportation · Construction11% wholesale trade
Home Value Growth-5.8% over 2 years
Young Adults29% of residentsslightly above average
Homeowners76% of occupied units
NotableVeteran Community9% of residents · top 22% nationally
Rowena
OR

Frequently Asked Questions

What are today's mortgage rates in Rowena?

As of today, the 30-year fixed mortgage rate for Rowena is approximately 6.883% (6.919% 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 Rowena?

The median home value in Rowena is $437k. The median monthly rent is $1,027. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Rowena?

Home values in Rowena have decreased 5.8% over the past two years. Buyers may find more negotiating room in this market. 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 Rowena?

Based on a typical all-in ownership cost of $1,021/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $44k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Rowena is $67k/year.

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What industries drive the economy in Rowena?

The largest employment sectors in Rowena are public administration (20%) and wholesale trade (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.