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Lane County, OR

Eugene-Springfield

RANK #473 / 996 NAT  ·  #3 / 18 OR  ·  POP 382,218

1YR FORECAST: +0.3%

5YR OUTLOOK: +24%

Lane County's housing market is projected to grow +0.3% over the next year, tracking near the national average.

[01] Why Lane County?

Lane County, Oregon, is distinguished by its diverse landscapes, stretching from the Pacific Coast to the Cascade Mountains, encompassing the Willamette Valley. This geographical variety offers residents access to ocean beaches, sand dunes, dense forests, and numerous rivers and lakes. Cottage Grove, for instance, is known as the "Covered Bridge Capital of the West," featuring historic bridges that draw visitors. Eugene, the county's largest city, is recognized as "TrackTown USA" due to its athletic heritage and the University of Oregon. Commute times average around 20 minutes, with public transit options like Lane Transit District (LTD) bus services and the Emerald Express (EmX) bus rapid transit system available, particularly in the Eugene-Springfield area. The county boasts extensive outdoor recreation, including hiking, fishing, boating, and camping in its 65 parks and numerous waterways.

Life in Lane County offers a blend of urban amenities and natural beauty. The community is considered moderately healthy with active residents. The economy is driven by several sectors, including healthcare, which is projected to see significant job growth due to an aging population. Other growing sectors include leisure and hospitality, information technology, construction, and manufacturing, particularly in durable and non-durable goods. The presence of the University of Oregon also contributes to the local economy through education and related job creation.

[02] Market Snapshot

Housing Ratio
7.6x

Overvalued relative to economy

GDP Growth
+2.1%

Below national median

Home Prices
-0.2%

Prices declining

Climate & Terrain
4.3

Favorable climate & terrain

Price/Rent
16x

Above national median (13x)

Housing looks overvalued at 7.6x — 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
    PeaceHealth Healthcare
    5,000+
  2. 2
    University of Oregon Education
  3. 3
    Eugene 4J School District Education
    1,000+
  4. 4
    U.S. Government Government
  5. 5
    Oregon State Government Government
  6. 6
    City of Eugene Government
  7. 7
    Lane Community College Education
  8. 8
    Lane County Government Government
  9. 9
    Springfield School District Education
  10. 10
    McKenzie-Willamette Medical Center Healthcare

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

[04] Home Value Growth vs National

Lane County U.S. National

The Numbers

DEMOGRAPHICS
Population
382,218
+0.44% YoY
Median Household Income
$65,157
Median Home Value
$363,800
-0.24% 12mo
Median Rent
$1,210
Average Annual Pay
$59,020
+4.8% YoY
Employment
157,428
+0.1% YoY
Income-to-Home-Value
0.1791
Less affordable than average
Migration Inflow
2.91%
of pop. from another state
Bachelor's Degree+
33.0%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$459,995
Days on Market
52
Moderate pace
Months of Supply
2.9
Seller's market
Sale-to-List Ratio
98.7%
Near asking price
Sold Above List
21.7%
Listings w/ Price Drops
29.9%
Building Permits (2024)
1,814
Single-Family Permits
799

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.6
per 100K · nat avg 6.3
Firearm Fatalities
15.3
per 100K · nat avg 14.8
Injury Deaths
110.6
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)
45.7
Good
Good Air Days
55%
598 of 1,095 days
Unhealthy+ Days (3yr)
75
Includes 22 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
44
2022
44
2023
49
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

$1,078M
TOTAL
PROJECT AMOUNT STATUS
Eugene Housing Production Strategy & Urban Growth Boundary Expansion
City of Eugene, Lane County
$500M Planned
Sierra Pacific Industries Modernization
Sierra Pacific Industries
$253M Under Construction
Amazon Distribution Center
Amazon
$150M Under Construction
Affordable Housing Developments (Multiple Projects)
Homes for Good Housing Agency
$100M Under Construction
Short Mountain Landfill Renewable Natural Gas Production Unit
Waga Energy (in partnership with Lane County and Emerald People's Utility District)
$75M Planned

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

[08] Score Breakdown

GDP Growth +2.1% 36 percentile
Population Growth +0.4% 49 percentile
Income Growth +10.4% 85 percentile
Vacancy Rate 0.6% 87 percentile
Home Price Change -0.2% 28 percentile
Rent Growth +4.3% 71 percentile
Price/Rent 16x 26 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

Lane County scores 52/100 on the Boom Town Index, landing in the middle of the pack among 996 U.S. counties (#473). Median household income is $65,157 and job growth is running at +0.1%. The data points to a county with mixed signals — some positive indicators alongside areas that lag faster-growing peers.

Is Lane County affordable?

Lane County leans toward the expensive side. A median home value of $363,800 against an income-to-home-value ratio of 0.18 means housing eats a bigger share of local earnings than the national norm. Renters face $1,210/month on average.

Is Lane County growing or shrinking?

Population and employment in Lane County are both close to flat — population +0.4% YoY and jobs +0.1%. Home values shifted -0.2% over the past 12 months. A steady-state county, neither expanding quickly nor shrinking.

Are people moving to Lane County?

There's a moderate stream of newcomers. About 2.91% of residents moved from another state, which is above average and suggests Lane 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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