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Wood

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

Median Home$347,333
Median Rent$1,488/month
Population4,795
Leading IndustriesFinance & Insurance · Information & Media · Wholesale Trade12% finance & insurance
Home Value Growth+2.7% over 2 years
Family-Friendly29% of residentswell above average
Homeowners51% of occupied units
NotableAmenity Score76/100 · highly walkable area
NotableTransit85/100 · excellent transit access
Wood Village
OR

Frequently Asked Questions

What are today's mortgage rates in Wood?

As of today, the 30-year fixed mortgage rate for Wood is approximately 6.862% (6.897% 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 Wood?

The median home value in Wood is $347k. The median monthly rent is $1,488. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Wood?

Home values in Wood have increased 2.7% 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 Wood?

Based on a typical all-in ownership cost of $1,468/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Wood is $79k/year.

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What industries drive the economy in Wood?

The largest employment sectors in Wood are public administration (13%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.