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Sherwood School District 88J

Learn about the people, housing, costs and businesses in Sherwood School District 88J, Oregon

Median Home$672,754
Median Rent$2,343/month
Population34,389
Leading IndustriesArts, Food & Hospitality · Healthcare · Transportation11% arts, food & hospitality
Home Value Growth+1.6% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners72% of occupied units
NotableHigh Incomes$130k/year · top 3% nationally
NotableHighly Educated30% bachelor's · 12% graduate · top 5% nationally
Sherwood School District 88J
OR

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Frequently Asked Questions

What are today's mortgage rates in Sherwood School District 88J?

As of today, the 30-year fixed mortgage rate for Sherwood School District 88J is approximately 6.818% (6.851% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Sherwood School District 88J
What is the median home price in Sherwood School District 88J?

The median home value in Sherwood School District 88J is $673k. The median monthly rent is $2,343. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sherwood School District 88J?

Home values in Sherwood School District 88J have increased 1.6% over the past two years. The market has been relatively stable. 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 Sherwood School District 88J?

Based on a typical all-in ownership cost of $2,323/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $100k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sherwood School District 88J is $130k/year.

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What industries drive the economy in Sherwood School District 88J?

The largest employment sectors in Sherwood School District 88J are public administration (22%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.