Tillamook, OR

Housing Market Analysis

Tillamook, OR

Housing Market Analysis

Tillamook County has long been one of America’s best-kept secrets. Its physical beauty and picture-perfect postcard towns have made it perfect for farming and small-town family life. Vacationers and visitors have a habit of putting down roots. Over a hundred years ago, a cooperative approach to business was established, connecting profit to the land, the city to the surrounding countryside, and everyone to a high quality of life. Housing and incomes in Tillamook have historically been modest. Its rural and somewhat isolated country life has been a contributing factor in the longstanding balance struck between the cost of a home and incomes.

But when czb arrived in Tillamook in 2016, this was no longer the case. We discovered that the Tillamook County housing market was not functioning well for many people, threatening the county’s livability and economic vitality.

  Team Members: Thomas Eddington, Charles Buki, Karen Beck Pooley

  Services: Housing Analysis, Visioning, Facilitation, Steering Committee Guidance, Private Sector Engagement

“How can Tillamook County address imbalances and achieve a healthier housing market without sacrificing the unique lifestyle and high quality of life that residents enjoy?”

%

Share of households earning $20,000 or less who are housing cost burdened

%

Share of households earning up to $34,999 who are housing cost burdened

%

Average annual turnover rate for homes

Number of households making under $25,000 per year

Number of existing housing units affordable housing earning less than $25,000

Gap in affordable units for low-wage households

Understanding current conditions.

Our analysis of recent housing market trends and current conditions in Tillamook revealed that the county is grappling with the effects of two distinct housing markets, a low-wage economy, and scarce land supply. Residents have few options for housing mobility and the county’s housing stock is distressed.

Tillamook

Growing the capacity to implement.

To address Tillamook’s unique challenges, we identified opportunities for collaboration between public, private, and non-profit stakeholders and for the carefully considered investment of political, economic, and social capital.

 

Tillamook

Balancing Prosperity and Housing Affordability

Our report for Tillamook County is the culmination of our work over the course of six months with the Tillamook County Housing Task Force and stakeholders from throughout the county. Our goal was to help them understand how their housing market functions today, pinpoint which factors are contributing to critical imbalances, and provide direction for moving forward toward a healthier housing market—and a stronger community.

The complexities of housing in Tillamook are such that they eliminate the possibility of a one-solution approach. We identified not only the challenges but, critically, the local expertise needed to begin implementing the strategy outlined in our report.

Our work in Tillamook County has been followed by similar work in Coos County and Curry County – giving czb a unique vantage point of housing challenges along the Oregon Coast.

czbLLC

2018, czbLLC. all rights reserved.

2001 Mount Vernon Avenue
Alexandria, VA 22301

703.548.3708
info@czb.org

FIND YOUR WAY

READ MORE

czbLLC

2018, czbLLC. all rights reserved.