Oregon has been nationally recognized by LendEDU as one of the most affordable cities for veteran homebuyers.
Analyzing the most up-to-date data on over 25,000 American cities, LendEDU first found the 1,000 cities that have the highest proportions of veterans and active military members within their populations. These 1,000 cities were then ranked according to each one’s percentage of homes where the mortgage costs 30% or more of the household income. A lower percentage was more favorable.
Specifically, 8.15% of Oregon’s population is comprised of veterans and active military members, and only 21.34% of the houses in Oregon have a mortgage that costs 30% or more of the household income.
These numbers ranked Oregon #189 in the country and #21 in Ohio.
While all 1,000 cities found in the report have proven to be great places for veterans and active military members to call home, the cities towards the top of the list, like Oregon, are especially great in that regard because Oregon has also proven to be incredibly affordable for veteran and active military homebuyers that are using a mortgage.