Coos Bay Oregon and the whole area of surrounding towns including Charleston and Bandon North to Lincoln City, Reedsport, Winchester Bay, North Bend and this whole area of the southern Oregon Coast South to Gold Beach is growing in 2015.
From its opportunities for recreational activities, to mild climate. to an incredibly low cost of living, the cultural mix of baby-boomers, Oregon “Ducks” and “Beavers” (their children) and diverse peoples from all over the world coming in through OSU and U of O Universities, city boys from San Francisco to Country Girls from the south can be comfortable here.
California has nothing on Oregon when it comes to diverse outdoor activities from skiing to surfing is a short drive.
Population in 2012: 15,857 (99% urban, 1% rural). Population change since 2000: +3.1%
|Median resident age:||41.6 years|
|Oregon median age:||36.8 years|
Estimated median household income in 2012: $38,141 (it was $31,212 in 2000)
Estimated per capita income in 2012: $20,680
Estimated median house or condo value in 2012: $154,210 (it was $87,300 in 2000)
Mean prices in 2011: All housing units: $191,464; Detached houses: $214,281; Townhouses or other attached units: $283,994; In 2-unit structures: $249,956; In 3-to-4-unit structures: $195,545; In 5-or-more-unit structures: $355,157; Mobile homes: $76,851; Occupied boats, RVs, vans, etc.: $37,835
Median gross rent in 2012: $676.
Houses: 7,063 (6,529 occupied: 3,978 owner occupied, 2,551 renter occupied)
|% of renters here:||39%|
Housing density: 667 houses/condos per square mile
Median price asked for vacant for-sale houses and condos in 2009 in this state: $307,097.
Median contract rent in 2009: $524 (lower quartile is $385, upper quartile is $669)
Median gross rent in Coos Bay, OR in 2009: $595
Housing units in Coos Bay with a mortgage: 2,031 (275 second mortgage, 174 home equity loan, 14 both second mortgage and home equity loan)
Houses without a mortgage: 1,061
Median household income for houses/condos with a mortgage: $55,753
Median household income for apartments without a mortgage: $35,012
Median monthly housing costs: $643
In addition to the existing call-center, lumber, fishing, boating, hospitality, recreation, forest, and government jobs, and the Pacific Connector Natural Gas Pipeline slated to add thousands of high paying jobs to the local economy, changes in the way that people work and live (from anywhere online) will feed a huge upward growth trend in Coos-Bay. North Bend and surrounding areas beginning in 2015. Socialmediasystems.com is also seriously considering creating an unlimited number of jobs working from this area, looking at a certain very large living/working space at this moment. Like us, many investors are making plans in this area and quietly buying up underpriced real assets in preparation for this growth.
See this article about What I would do with an empty building to fill it up
Learn more about job opportunities and other inquiries:
541-928-9291 Israel Rothman
Editor Jan Delimont 541-290-1850
Announcing our Coos Bay Oregon Insurance Agent Exclusive Sponsor – Christine Thurman
Farmers Insurance 541-808-2129
783 N Bayshore DrCoos Bay, OR 97420
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