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Madras, OR

Complete financial data dashboard — cost of living, mortgage calculator, salary comparisons, and tax details.Source: U.S. Census Bureau ACS 2023 · FRED

Cost Index
65
Very Affordable
Median Home Value
$291,400
National: $426,735
Median Rent
$942/mo
National: $1,527/mo
Household Income
$56,590
National: $84,532
Population
7,596
Purchasing Power
103
100 = national baseline

Cost of Living Breakdown

Housing Cost Index
68 / 100
100 = national average
Rent Index
62 / 100
Overall Index
65
Very Affordable

Madras Mortgage Calculator

Pre-filled with the local median home value of $291,400 and Oregon's property tax rate of 0.93%.

Salary & Purchasing Power

Median household income is $56,590 33% below the national average.

What $56,590 in Madras Gets You Elsewhere

CityEquivalent SalaryDifference
New York, NY$131,463+132%
Los Angeles, CA$148,005+162%
San Antonio, TX$55,719-2%
Indianapolis city (balance), IN$51,366-9%

Property Tax in Madras, OR

Est. Annual Property Tax
$2,710
Monthly Impact
$226
Added to your mortgage
Effective Rate
0.93%
National avg: ~1.00%

Oregon Tax Overview

Tax TypeOregonNational Avg
Property Tax Rate0.93%1.00%
Top Income Tax Rate9.9%~5.0%
State Sales TaxNo Sales Tax~5.0%

Compare Madras to Another City

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Cost of Living Comparison

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Madras, OR
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Cost Index Comparison (100 = National Avg)

Housing CostsNational Avg: 100
Madras, OR: 68
Rent Prices
62
LC
Reviewed by LivabilityCalc Research Team
Financial Data Analysts · Census & Economic Data Specialists
📊 Data Sources & Methodology
  • Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 2023 1-Year Estimates
  • Mortgage Rates: Freddie Mac Primary Mortgage Market Survey via Federal Reserve Economic Data (FRED)
  • Tax Rates: Tax Foundation State & Local Tax Data, 2024
  • Cost of Living Index: Calculated using Census housing + rental data vs. national median (see methodology)
Last data update: March 2026 · Mortgage rates updated weekly · Page auto-refreshes every 24 hours via ISR