Oregon variant. This is a Oregon-specific version of the Homeowners Insurance Estimator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Homeowners Insurance Estimator.
Homeowners insurance in Oregon typically runs about 0.30%–0.40% of home value per year. On the $495,000 median home, that's roughly $1,733 annually.
What Oregon homeowners insurance covers
Premiums fund dwelling coverage, personal property, liability, and loss of use. Oregon's $495,000 median home value sets the baseline dwelling coverage and therefore the premium.
Local risk - wildfire, hurricane, hail, flood - drives big swings. Flood is separately insured. Use the estimator to refine the Oregon average for your build cost and deductible.
About taxes and housing in Oregon
Oregon levies a graduated income tax with a top marginal rate near 9.9% and imposes no general statewide sales tax.
Oregon's effective property tax rate is around 0.93%, with median home values near $495,000.
Oregon's economy includes technology and semiconductor manufacturing near Portland, timber, and agriculture.
Worked example: $495,000 home
$495,000 × 0.35% ≈ $1,733/year ($144/month). Replacement-cost coverage, not market value, ultimately sets the premium - land value is excluded.
Quick reference
- State income tax: 4.75-9.9% across 4 brackets
- State sales tax: 0% (plus 0.00% avg local)
- Median home value: $495,000
- Median household income: $80,426
- Effective property tax rate: 0.93%
- Avg auto insurance: $1,357/yr
Frequently Asked Questions
How much is homeowners insurance in Oregon?
Roughly $1,733/year on the $495,000 median home, varying with local catastrophe risk.
Does homeowners insurance cover floods in Oregon?
No - flood coverage is purchased separately through the NFIP or private insurers.