Cost of Living in McMinnville, OR
Population: 34,493 • 2026 Data
$70,060
Median Household Income
-9% vs national
$1,290
Median Monthly Rent
-4% vs national
$391,100
Median Home Value
+15% vs national
5.5%
Unemployment Rate
Housing in McMinnville
The median home value in McMinnville, OR is $391,100. Monthly rent for a typical unit averages $1,290, while total monthly housing costs (including utilities and insurance) average $1,348.
Rent-to-income ratio: 22.1%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in McMinnville, OR is $70,060. The unemployment rate stands at 5.5%, with a labor force of 15,569 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.