Oregon Best Places to Retire - A Guide

If you have been looking for the best places to retire in Oregon this website has data and opinions to help you. Choose Oregon retirement communities that are popular with active adults 55 and over, such as Bandon, Bend, or Hood River. This page will acquaint you with some basic facts about climate, best retirement communities, and tax climate.

Overall
Oregon has become a top state for retirement communities by virtue of its natural beauty, dynamic people and geography. Oregon offers better value for your retirement dollar than California - although real estate prices are climbing. Recreational activities are exceptional in this state with a Pacific Ocean coastline, the Willamette Valley, exciting rivers like the Columbia, along with great mountains like the Cascade Mountain Range and Mt. Hood. Oregon's population was about 3.9 million in 2012 and growing at about a 10% rate.

                                                                                                                    Pix: Coast at Bandon, Oregon
Bandon oregon retirement communities

Climate
The Oregon climate is characterized as Marine West Coast. Its climate is relatively mild and a great place for gardening - almost anything will grow here. Moist air from the Pacific controls the climate. Year round temperatures are in a fairly narrow band. There is a lot of precipitation along the coasts, particularly in winter. The northern part of Oregon has rain forests while the middle and eastern part of the state can be dry.

Income
In 2011 the Oregon median household income was just under $26,561, slightly less than average for all states.

Taxes

Tax Burden:   At 9.4%, Oregon's tax burden is 26 out of 50 states.

Marginal Income Tax Rates. The Oregon top marginal income tax rate is 11.0%, which kicks in at incomes of $250,000. This is one of the highest rates of any state.

Retirement Income Exemptions. VA and some military pensions are exempt from state income tax.

Social security exemption. Social security is exempt.

Sales Tax: There is no state tax in Oregon.

Property Taxes: Oregon ranks 30th in terms of property taxes collected per capita. There are some property tax postponement features available to people over 62, as well as a law that restricts or "compresses" the amount of property taxes that can be paid.

Homestead Exemption. The homestead exemption can protect up to $40,000 of a property's equity, and more for married couples. 

Estate and/or Inheritance Taxes. Oregon has inheritance and estate taxes.

Link to the Oregon Department of Revenue

Housing Prices
The statewide median home price was $184,800 in early 2012 according to Zillow.com. Median sales price of homes in the Portland/Beaverton region were $246,500 in the first quarter of 2013, substantially higher than the U.S. average of $173,000 (Source: NAR).  In Eugene/Springfield the median selling price was $188,400.

Certified Retirement Communities
Oregon does not have a certified retirement community program.

Best Retirement Communities
Oregon has a lot to offer active adults looking for retirement communities. Some of the best retirement communities are the college town of Eugene, the windsurfing mecca of Hood River, the perennial best rated retirement community of Bend, or the golfing paradise of Bandon etc. You will also get inside retirement information on living in bustling city of Portland, the interesting capital of the state, Salem, or nearby communities in Washington state

Reviews of the best retirement towns

Click on the Oregon retirement towns on the right. Or to find information about what the best states to retire in.