Living in Corvallis, Oregon
Cost of living, income, home prices, rent and demographics of Corvallis · Census data 2020–2024
Corvallis has 59,960 residents with a median age of 27.9. The median household income is $65,012 (22% lower than the Oregon median), the median home value is $502,900, the median rent is $1,391/month.
Corvallis at a glance
- Population
- 59,960
- Median age
- 27.9State: 40.4
- Median household income
- $65,012State: $83,011
- Median home value
- $502,900State: $477,600
- Median rent
- $1,391/moState: $1,525
- Homeowners
- 41.7%
- Bachelor's degree or higher
- 61.4%
- Average commute
- 16 min
Is Corvallis a good place to live?
Pros: An average commute of 16 minutes.
Cons: Median household income 22% lower than the Oregon median; home values 5% higher than the state median; unemployment of 8.4%; a poverty rate of 24.3%.
The weather is best in June to September.
Cost of living in Corvallis
Housing is the biggest part of the cost of living. In Corvallis the median home value is $502,900, 51% higher than the U.S. median. Renters pay a median of $1,391 per month, which is 40.2% of household income. Homeowners with a mortgage pay $2,168 a month in housing costs.
Corvallis median household income
The median household income in Corvallis is $65,012 and the income per person is $40,092. 24.3% of residents live below the poverty line (Oregon: 11.9%).
Housing in Corvallis: homes for sale and rent
- Housing units
- 25,628
- Owner-occupied
- 41.7%
- Renter-occupied
- 58.3%
- Vacant
- 6.4%Includes seasonal homes
- Median year built
- 1978
- Average household size
- 2.22
Corvallis demographics
- Population
- 59,960
- Median age
- 27.9
- Under 18
- 14.1%
- 65 and older
- 14.2%
- Households
- 23,980
- Foreign-born
- 12.7%
- Veterans
- 3.5%Adults 18+
Hispanic or Latino can be of any race. Population history of Corvallis ›
Education in Corvallis
61.4% of adults 25 and older in Corvallis have a bachelor's degree or higher (Oregon: 36.8%), and 30.7% have a graduate or professional degree.
Jobs and commute in Corvallis
- Unemployment rate
- 8.4%State: 5.4%
- Average commute
- 16 minState: 23 min
- Work from home
- 18.9%
- Drive alone
- 56%
- Public transit
- 2.1%
- Walk to work
- 9.9%
- Homes with broadband
- 92.1%
Corvallis vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Corvallis | 59,960 | $65,012 | $502,900 | $1,391 |
| Philomath | 5,642 | $83,672 | $421,300 | $1,477 |
| Adair Village | 1,233 | $99,125 | $448,400 | $1,836 |
| Tangent | 1,290 | $99,000 | $377,300 | $2,048 |
| Peoria | 130 | $141,368 | — | — |
| Albany | 56,839 | $78,114 | $389,200 | $1,372 |
| Millersburg | 3,366 | $124,867 | $567,200 | $1,489 |
| Halsey | 1,491 | $106,458 | $330,300 | $2,061 |
| Jefferson | 3,301 | $102,159 | $373,000 | $1,328 |
More for people moving to Corvallis
Corvallis ZIP code ›Weather and climate ›Living in Corvallis: FAQ
What is the median household income in Corvallis, OR?
The median household income in Corvallis is $65,012, 22% lower than the Oregon median of $83,011 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Corvallis?
The median home value in Corvallis is $502,900, compared with $477,600 in Oregon.
How much is rent in Corvallis?
The median gross rent in Corvallis is $1,391 per month, about 40.2% of household income.
Is Corvallis, OR a good place to live?
Pluses: an average commute of 16 minutes. Minuses: median household income 22% lower than the Oregon median; home values 5% higher than the state median; unemployment of 8.4%; a poverty rate of 24.3%.
What is the median age in Corvallis?
The median age in Corvallis is 27.9 years (Oregon: 40.4).
How long is the commute in Corvallis?
The average commute to work in Corvallis is 16 minutes; 18.9% of workers work from home.
What is the unemployment rate in Corvallis?
The unemployment rate in Corvallis is 8.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Corvallis?
61.4% of adults in Corvallis have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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