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Wamic

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

Median Home$338,200
Median Rent$1,168/month
Population130
Leading IndustriesEducation · Healthcare · Arts, Food & Hospitality7% education
Home Value Growth-0.3% over 2 years
Young Adults29% of residentsslightly above average
Homeowners75% of occupied units
NotableHighly Educated35% bachelor's · 18% graduate · top 3% nationally
NotableTransit83/100 · excellent transit access
Wamic
OR

Frequently Asked Questions

What are today's mortgage rates in Wamic?

As of today, the 30-year fixed mortgage rate for Wamic is approximately 6.846% (6.880% 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 Wamic?

The median home value in Wamic 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 Wamic?

Home values in Wamic 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 Wamic?

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 Wamic is $69k/year.

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What industries drive the economy in Wamic?

The largest employment sectors in Wamic are public administration (23%) and healthcare (22%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.