Cost of Living in Wood Village, OR

Population 4,611 · Oregon · Data vintage 2023

99
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Under 25,000 residents gives Wood Village a small-town character that shows up in every data point below — from the commute patterns to the rental inventory. A typical home runs $282,000. The labor market has been unusually tight, with unemployment around 2.0% — below most comparable cities in the state.

Wood Village is part of the immediate Gresham metro area — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 36% lower than Gresham's $440,000.

Cost Overview

Housing 92
Rent 109

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Wood Village

The median home value in Wood Village is $281,900 — 8% below the national median of $305,000. Median rent runs $1,430/month, 9% higher than the national median of $1,314/month. The median household income of $72,404/year is 3% lower than the US median of $74,580. The local unemployment rate is 2.0%, below the national average of 4.8%. Oregon's top state income tax rate is 9.9% and the combined sales tax is 0.0%. The climate averages highs of 63.5°F and lows of 45.9°F. Overall, Wood Village has a cost of living index of 99 versus the US average of 100, meaning it is 1% less expensive.

🏠 Housing

Median Home Value
$281,900
8% below avg
Zillow Home Value
$121,863
Zillow ZHVI
Median Rent
$1,430/mo
9% above avg
Zillow Rent
$1,775/mo
Zillow ZORI
Price-to-Rent Ratio
16.4x
Favors buying
Property Tax Rate
1.0%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$903
1 BR
$1,003
2 BR
$1,252
3 BR
$1,754
4 BR
$2,023
Owner-occupied 62.7%
Renter-occupied 37.3%

💰 Estimated Monthly Budget

Rent median rent
$1,430
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,044/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
36.5 min
35% above avg
Gas Price
$3.145/gal
0% below avg
Work From Home
4.5%

Commute Mode

Drove alone
75.1%
Carpooled
12.9%
Public transit
2.1%
Walked
1.0%
Bicycle
1.0%
Work from home
4.5%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 9.9%
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 1.0%

💼 Income & Employment

Median Household Income
$72,404
3% below avg
Per Capita Income
$28,843
Unemployment Rate
2.0%
58% below avg
Poverty Rate
15.6%
Labor Force Participation
69.0%

🎓 Education

Bachelor's degree+ 10.6%
Graduate degree 7.8%

👥 Demographics

Median Age 32.5
Male median age 29.8
Female median age 35.2

🌤 Climate

NOAA 1991–2020 Climate Normals

Avg High
63.5°F
Avg Low
45.9°F
Annual Precip
40.7"
30° 45° 60° 75° 90° JFMAMJJASOND High Low Precip
Month JanFebMarAprMayJunJulAugSepOctNovDec
High °F 475157626974828276645346
Low °F 373840434953575752464237
Precip" 5.013.714.413.582.912.110.550.631.754.025.836.15

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 38 — Good
73.2%
Good air days/yr
117
Max AQI recorded
206
PM2.5 days
155
Ozone days

Frequently Asked Questions

What is the cost of living in Wood Village, OR?

Wood Village has a cost index of 99 (100 = national average). It is 1% below the national average.

What is average rent in Wood Village, OR?

The median gross rent in Wood Village is $1,430 per month based on 2023 Census data.

What is the average home price in Wood Village?

The median home value in Wood Village is $281,900 according to Zillow and Census data.

What is the median income in Wood Village?

The median household income in Wood Village is $72,404 per year (2023 ACS 5-year estimates).

What is the sales tax in Wood Village, OR?

The combined state and local sales tax rate in Wood Village is 0.0%. The Oregon state income tax top rate is 9.9%.

Is Wood Village, OR affordable?

Wood Village is near the national average in terms of cost of living, with an index of 99 (100 = US average).

What is the weather like in Wood Village?

Wood Village has average high temperatures of 63.5°F and average lows of 45.9°F. Annual precipitation is 40.7". Data from NOAA 1991–2020 Climate Normals.

Wood Village at a Glance

Population
4,611
Median Income
$72,404
Home Value
$281,900
Median Rent
$1,430/mo
Unemployment
2.0%
Avg High Temp
63.5°F
Sales Tax
0.0%
View all cities in Oregon →
🗺️ County data for Oregon

Explore county-level cost of living data

Similar Cost Cities

Cities in other states with comparable housing costs