Is Madras, Oregon a Good Place To Live? - Living In Madras, OR
Is Madras, Oregon a good place to live?
Madras is a city in Oregon state in USA with a population of 6934 residents..
The poverty rate of Madras is 20.1%, which is 44% higher than national average.
The typical household in Madras earns $39107 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 59.1% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Madras are struggling financially. Nearly one in every 1 in every 8 workers in Madras is unemployed. The high jobless rate has likely contributed to the widespread poverty in the city.
A high school education is a basic prerequisite for most jobs, and in Madras, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madras remained 12.2%, which is 160% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madras, only 19% of adults have a bachelor's degree and 36% have some college but no degree.
Cost of living in Madras is 102, which is 2% higher than national average. Median home value in Madras is $201900 , which is 12% lower than national average. While median income in Madras remained $39107, which is 42% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Madras, only 85% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Madras remained 12.2%, which is 160% higher than national rate. Nearly 3 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Madras, only 19% of adults have a bachelor's degree and 36% have some college but no degree.
Cost of living in Madras is 102, which is 2% higher than national average. Median home value in Madras is $201900 , which is 12% lower than national average. While median income in Madras remained $39107, which is 42% lower than national average.
Population
6934
Unemployment
12.2%
Poverty
20.1%
Overall Score
4
Median Home Cost
$201900
12%
NAT AVG.
Median Income
$39107
42%
NAT AVG.
Median Rent
$805
31%
NAT AVG.
Cost Of Living
102
2%
NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 8
People Earning < $10,000
1 in 8
People Earning < $50,000
59.1%
People with <= High School
1 in 2.2
People With Any Degree
1 in 3.4
Pros & Cons Overview
Jobs40%
Housing80%
Affordability40%
Safety60%
Amenities80%
Diversity100%
Education60%
Commute85%
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