Total monthly cost of ownership
Cost to Own a Home in Halsey, Oregon
A $295,000 home here costs
$2,325per month, all in, with 20% down at today's 7.32% 30-year fixed rate. By the 28% rule that takes a household income of about $99,500 a year.
A standard mortgage calculator would have told you $1,621. The real number is $703 higher every month, 43% more than the payment most buyers budget for.
Compare Linn County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Halsey from a five-year rolling sample, and with about 1,637 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Linn County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Halsey against Linn County and Oregon
| Measure | Halsey | Linn County |
|---|---|---|
| Median home value | $294,900 | $344,600 |
| Median property tax | $2,475 | $3,130 |
| Effective tax rate | 0.839% | 0.908% |
| Median gross rent | $1,944 | $1,273 |
| Population | 1,637 | 129,794 |
The weather behind that power bill
Halsey sits in Linn County, which averages a high of 79.9°F in its hottest month and a low of 32.6°F in its coldest, with 63.09" of precipitation a year and 42% of it in a single three-month stretch. That climate drives 118 cooling and 5,540 heating degree days, which is what sets the $141 electricity line above.
See the full climate breakdown for Linn County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Linn County
Talk to someone who works this market
These are Halsey averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Halsey every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Halsey I already own here and may sell
Common questions
How much does it cost to own a home in Halsey?
A $295,000 home in Halsey, Oregon costs approximately $2,325 per month with 20% down at 7.32%. That is $1,621 principal and interest, $206 property tax, $43 homeowners insurance, $209 utilities and $246 set aside for maintenance.
What is the property tax rate in Halsey?
Halsey has an effective property tax rate of 0.839%, based on a median home value of $294,900 and median real estate taxes of $2,475. That is lower than the Linn County average of 0.908%.
What is the average home price in Halsey?
The median owner-occupied home value in Halsey, Oregon is $294,900, against $344,600 across Linn County.
Is it cheaper to rent or buy in Halsey?
Median gross rent in Halsey is $1,944 a month, against $2,325 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Halsey?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Halsey, Oregon at today's rate takes a household income of roughly $99,500 a year. That covers the full $2,325 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Halsey, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Oregon.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.