Corvallis, OR Profile: Facts & Data

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Corvallis, Oregon - Basic Facts

The City of Corvallis is the 10th largest city in Oregon with a population of 60,743 as of July 1, 2023. Corvallis ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Oregon. See peer rankings below.

The primary coordinate point for Corvallis is located at latitude 44.5646 and longitude -123.262 in Benton County. The formal boundaries for the City of Corvallis encompass a land area of 14.23 sq. miles and a water area of 0.13 sq. miles. Benton County is in the Pacific time zone (GMT -8).

The City of Corvallis has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Oregon is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Corvallis is located within Corvallis Division of Benton County.


Jump to... (On This Page!)
  1. Corvallis 2023 Demographic Data
  2. Growth Rates for Corvallis (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Oregon Research Tools (Easy Tools & Current Data)
  3. Oregon Data Comparison Tool - 2023 Demographics
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Corvallis, OR Data & Demographics (As of July 1, 2023)

POPULATION

Total Population 60,743 (100%)
Population in Households 54,411 (89.6%)
Population in Families 30,599 (50.4%)
Population in Group Quarters1 6,332 (10.4%)
Population Density 4,200
Diversity Index2 55
 
 

INCOME

Median Household Income $58,826
Average Household Income $90,711
% of Income for Mortgage4 44%
Per Capita Income $36,926
Wealth Index5 82
Socioeconomic Status Index6 Moderate (50.1)
 

HOUSING

Total HU (Housing Units) 26,443 (100%)
Owner Occupied HU 10,623 (40.2%)
Renter Occupied HU 13,762 (52.0%)
Vacant Housing Units 2,058 ( 7.8%)
Median Home Value $433,821
Average Home Value $448,774
Housing Affordability Index3 54
 

HOUSEHOLDS

Total Households 24,385
Average Household Size 2.23
Family Households 10,542
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2023 2023-2028
Population 0.39% 0.26%
Households 0.63% 0.42%
Families   0.27%
Median Household Income   3.15%
Per Capita Income   3.44%
Owner Occupied HU   0.92%

Corvallis, OR - Peer Comparisons by Rank and Percentile

The table below compares Corvallis to the other 426 incorporated cities, towns and CDPs in Oregon by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 10 98th
Population Density # 45 90th
Median Household Income # 255 40th
Housing Affordability Index # 108 25th
Per Capita Income # 195 54th
Diversity Index # 94 78th

Additional comparisons and rankings can be made with a VERY EASY TO USE Oregon Census Data Comparison Tool.

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