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Shaniko

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

Median Home$338,200
Median Rent$1,168/month
Population32
Leading IndustriesPublic Administration · Retail · Professional Services29% public administration
Home Value Growth-0.3% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners75% of occupied units
NotableTransit83/100 · excellent transit access
NotableHighly Educated24% bachelor's · 13% graduate · top 21% nationally
Shaniko
OR

Frequently Asked Questions

What are today's mortgage rates in Shaniko?

As of today, the 30-year fixed mortgage rate for Shaniko is approximately 6.918% (6.955% 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 Shaniko?

The median home value in Shaniko is $338k. The median monthly rent is $1,168. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Shaniko?

Home values in Shaniko have decreased 0.3% 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 Shaniko?

Based on a typical all-in ownership cost of $943/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Shaniko is $69k/year.

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What industries drive the economy in Shaniko?

The largest employment sectors in Shaniko are public administration (29%) and retail (16%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.