Madras
Madras city, Oregon
Madras, Oregon, is a hidden gem in the heart of Central Oregon, offering a refreshingly affordable lifestyle compared to the national average. Imagine owning a home for a median value of just $245,000, significantly less than the US median of $350,000. This affordability, coupled with a close-knit community of around 7,500 residents, creates a relaxed, welcoming atmosphere. It's a place where you can enjoy the stunning natural beauty of the high desert, with the Cascade Mountains as a backdrop, without the hefty price tag often associated with such a desirable location. Madras provides a slower pace of life, where neighbors know each other and the focus is on enjoying the simple pleasures.
From an investment perspective, Madras presents a compelling opportunity, particularly for first-time homebuyers or those seeking a more budget-friendly lifestyle. While the median household income sits at $52,500, below the national average of $75,000, the lower cost of living makes it quite manageable. The city boasts a strong sense of safety, making it ideal for families or those seeking a secure environment. Madras is perfectly suited for individuals who appreciate the outdoors, value a sense of community, and desire the financial freedom that comes with affordable homeownership.
Madras, Oregon at a Glance
Madras is a city in Madras city, Oregon with a population of approximately 7,494. The median home value is $245,000 and the median household income is $52,500.. The violent crime rate is 0.9 per 1,000 residents, which is 75% below the national average. Air quality is rated Good. The overall climate risk is rated as "Relatively Moderate." Median rent is $878 per month. Data sourced from the US Census Bureau, FBI Crime Data Explorer, EPA, Walk Score, and FEMA.
Median Home Value
$245,000
Median Income
$52,500
Population
7,494
Walk Score
N/A
Air Quality
AQI 39
Good
Climate Risk
Relatively Moderate
Good
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- Population
- 7,494
- Median Age
- N/A
- Median Household Income
- $52,500
30% below nat'l avg
- Bachelor's Degree+
- N/A
- Poverty Rate
- 18.1%
46% above nat'l avg
- Median Home Value
- $245,000
13% below nat'l avg
- Median Rent
- $878
25% below nat'l avg
- Homeownership Rate
- 49.4%
25% below nat'l avg
- Affordability Index
- N/A
- Violent Crime Rate
- 0.9 per 1K
75% below nat'l avg
- Property Crime Rate
- 1.3 per 1K
93% below nat'l avg
- AQI
- 39
7% below nat'l avg
- Category
- Good
- Overall Risk
- Relatively Moderate
- Risk Score
- 60.39
Top Hazards
- Overall
- N/A
- Road Traffic
- N/A
- Aviation
- N/A
- Rail
- N/A
- Electricity Rate
- 12.5¢/kWh
25% below nat'l avg
- Est. Monthly Electric
- $113
18% below nat'l avg
- Unemployment Rate
- 10.0%
170% above nat'l avg
- Poverty Rate
- 18.1%
46% above nat'l avg
Weather & Climate in Madras
Avg High
55°F
Avg Low
36°F
Annual Rainfall
73.6"
Avg Humidity
74%
Political Landscape
→ Politically stable
Based on Linn County county-level presidential election data
Culture & Things to Do in Madras
Jefferson County Fair & Rodeo
Annual county fair featuring a rodeo, carnival, and agricultural exhibits.
Madras Saturday Market
A weekly market offering local produce, crafts, and food vendors.
Madras Airport Airshow
Annual airshow featuring aerial demonstrations and static aircraft displays.
Christmas Parade
Annual holiday parade through downtown Madras.
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