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Deschutes County, OR

Bend

RANK #844 / 996 NAT  ·  #16 / 18 OR  ·  POP 199,352

1YR FORECAST: -1.2%

5YR OUTLOOK: +14%

#30 Best Climate & Terrain
Our model projects Deschutes County's housing market at -1.2% over the next year, underperforming most U.S. counties.

[01] Why Deschutes County?

Bend, the county seat, is a notable town in Deschutes County, Oregon, known for its access to outdoor recreation and a relaxed atmosphere. Located in Central Oregon, between the Cascade Mountains and the high desert, the county offers a mild climate. Commuting within the county is generally manageable, with an average commute time of under 20 minutes, and options like carpooling and vanpooling are promoted. The Deschutes River, a national and state scenic waterway, provides opportunities for whitewater rafting, kayaking, and fishing. Other popular activities include hiking, mountain biking, skiing, and exploring volcanic caves.

Life in Deschutes County attracts a mix of residents, including young professionals, families, and retirees, drawn to the area's natural amenities and quality of life. Over 90% of adults report good to excellent overall health. The economy, once centered on logging, has shifted towards tourism and a diverse service sector, including healthcare. While tourism remains a significant economic driver, there is also interest in developing renewable energy projects, such as biomass, solar, geothermal, and wind. The Bend-La Pine Schools district serves a large student population with above-average public schools.

[02] Market Snapshot

Housing Ratio
8.0x

Overvalued relative to economy

GDP Growth
+5.7%

Well above national median

Home Prices
-2.5%

Prices declining

Climate & Terrain
6.1

Favorable climate & terrain

Price/Rent
20x

Prices detached from rents

Housing looks overvalued at 8.0x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    St. Charles Health System Healthcare
    2,500+
  2. 2
    Bend-La Pine School District Education
    1,000+
  3. 3
    Deschutes County Government
  4. 4
    Bright Wood Corporation Manufacturing
  5. 5
    Mt. Bachelor Hospitality
  6. 6
    BASX Solutions Manufacturing
  7. 7
    Les Schwab Headquarters & Tire Centers Retail
  8. 8
    Sunriver Resort Hospitality
    500+
  9. 9
    Central Oregon Community College (COCC) Education
  10. 10
    City of Bend Government

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[04] Home Value Growth vs National

Deschutes County U.S. National

The Numbers

DEMOGRAPHICS
Population
199,352
+2.25% YoY
Median Household Income
$82,042
Median Home Value
$526,200
-2.48% 12mo
Median Rent
$1,550
Average Annual Pay
$66,229
+6.1% YoY
Employment
93,866
+1.9% YoY
Income-to-Home-Value
0.1559
Less affordable than average
Migration Inflow
3.3%
of pop. from another state
Bachelor's Degree+
40.8%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$635,000
Days on Market
99
Slower market
Months of Supply
3.9
Balanced market
Sale-to-List Ratio
98.0%
Negotiation room for buyers
Sold Above List
12.1%
Listings w/ Price Drops
23.4%
Building Permits (2024)
1,624
Single-Family Permits
1,148

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.4
per 100K · nat avg 6.3
Firearm Fatalities
13.4
per 100K · nat avg 14.8
Injury Deaths
96.3
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
25.3
Good
Good Air Days
78%
853 of 1,095 days
Unhealthy+ Days (3yr)
52
Includes 11 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
25
2022
23
2023
28
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] Capital Investment

$3,075M
TOTAL
PROJECT AMOUNT STATUS
Deschutes Solar and Battery Energy Storage System (BESS) Facility
BrightNight Power (DECH bn, LLC)
$1,000M Planned
Enel Greenpower North America Solar Project (Bend-Redmond)
Enel Greenpower North America LLC
$700M Proposed
Finley Butte Climate Fixer Solar Project (La Pine)
Finley Butte Climate Fixer LLC
$650M Proposed
Enterprise Zone Authorizations (Various Projects)
Various
$625M Operating
Amazon Delivery Hub (Redmond)
Amazon
$50M Under Construction
Knott Road/Baker Road: US97 Interchange
Deschutes County Road Department
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[08] Score Breakdown

GDP Growth +5.7% 89 percentile
Population Growth +2.2% 91 percentile
Income Growth +10.7% 88 percentile
Vacancy Rate 0.6% 92 percentile
Home Price Change -2.5% 12 percentile
Rent Growth +3.6% 61 percentile
Price/Rent 20x 7 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

Is Deschutes County, OR a good place to move to?

The data is not encouraging — Deschutes County scores just 14/100 on the Boom Town Index, ranking #844 of 996 counties. Job growth at +1.9% and median household income of $82,042 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Deschutes County affordable?

Deschutes County leans toward the expensive side. A median home value of $526,200 against an income-to-home-value ratio of 0.16 means housing eats a bigger share of local earnings than the national norm. Renters face $1,550/month on average.

Is Deschutes County growing or shrinking?

Deschutes County is growing on multiple fronts. Population is up +2.2% year-over-year while employers added jobs at a +1.9% clip. Home values shifted -2.5% in the past year.

Are people moving to Deschutes County?

There's a moderate stream of newcomers. About 3.3% of residents moved from another state, which is above average and suggests Deschutes County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

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