Moving to Eugene, Oregon has its pros and cons.
Moving to Eugene, Oregon has its pros and cons. Once you have moved, not only will you get to enjoy its breathtaking sceneries, which is something it is well-known for, but you will also get to enjoy the top ranking schools, small crowds, less traffic, and growing businesses. However, not everything goes perfectly right when moving to Eugene. It, too, has its own cons such as less high paying jobs and a bit high cost of living compared to the whole state and country.
Drone footage by Brad By Drone
Pros of moving to Eugene, Oregon
Eugene, Oregon is also known as “The Emerald City” for its clean and green community. Because of its rich nature, people have the privilege to engage themselves in outdoor and recreational activities such as taking walks in the parks, watching for whales and sea lions in the nearby coasts, camping by a tranquil lake, hiking different scenic trails, cruising across sand slopes, and a lot more.
Not only is Eugene known for its sceneries, but it is also known for the University of Oregon (UO), which offers a wide range of undergraduate and graduate programs, and is home to the famous Oregon Ducks. When you move to Eugene, you would have easy access to the Ducks’ games and experience the thrill of their games first-hand at the Autzen Stadium. Aside from UO, top-ranking schools such as South Eugene High School, Lane Community College, and Northwest Christian University are also found within the city.
According to the National Census Bureau, Eugene has a total area of 43.74 miles and a population of less than 200,000— a relatively small population for a spacious city. In that case, people who don’t like waiting for long hours in the traffic or hate being stuck in the middle big crowds should highly consider moving to Eugene.
Eugene, known as a “beer town”, is also home to solid craft beers and high-quality wines. Along with Oregon’s lush climate, the Willamette Valley, where Eugene is located, produces quality hops and clean water which allows them to produce exceptional beers and wines. Putting up a microbrewery business can be a good idea since microbrewery businesses here are rapidly growing, and people from different parts of the state, or even country, flock to Eugene just to have a taste of their craft-brewed libations.
Cons of living in Eugene, Oregon
Despite all the advantages of living in Eugene, it also has its own downside. Along with the rest of Oregon, unemployment in Eugene remains rampant. According to the Department of Numbers, the US Bureau of Labor Statistics reported that the unemployment rate for Eugene rose 0.1 percentage points in September 2017 to 4.8%. 6,958 people were determined to be unemployed in May 2017, but as of today, the number of unemployed has now grown by 1,861.
College graduates usually have a difficult time looking for career-level jobs. It is advised that when you are moving to Eugene, you should make sure that you have a job to come to or you should bring a job along with you. However, it is not big of a problem since Eugene also has a good amount of big employers such as University of Oregon, PeaceHealth Medical Group, Lane County, Eugene School District 4J, Springfield Public School, City of Eugene, and Monaco Coach Corporation, which employ a thousand of people and more.
Although the unemployment rate is high in Eugene, it is definitely not a bad place to put up a business. Businesses such as healthcare and education businesses are some of the major businesses in the city. However, microbrewery business and lumber business are also some of the top businesses in Eugene.
According to the Oregon Brewers Guild, Oregon, as a whole, has been seeing strong and steady production numbers and sales of beers since Oregonians are drinking more Oregon beer each year. Barrel production in the state increased by 4.8 percent in 2016, summing up to a total of 1,782,000 barrels. Because there is an increasing amount of beer, more people, approximately 369,000 visits an Oregon brewery, pub, or tasting room on a weekly basis, or approximately 19,000,000 total visitors in 2016.
With the region also being the nation’s largest producer of softwood lumber and plywood products, lumber is the largest industry in the Eugene area, where a handful of manufacturers produce lumber and wood products. This also gives the residents a great opportunity to put up a lumber business.
Meanwhile, the cost of living at Eugene can be quite expensive compared to the cost of living in other cities in Oregon. According to Areavibes, the overall cost of living index in Eugene is 115, which is 2% higher than the Oregon average and 15% higher than the national average. Goods/services at 33%, groceries at 13%, health care at 5%, housing at 30%, transportation at 9% and utilities at 10%, compose the overall cost of living index in Eugene, where 63% belongs to goods/services and housing.
Eugene Oregon Real Estate
According to Niche, the median home value in Eugene is higher than the national home value. The national median home value is only $178,600, but the median home value in Eugene costs $240,500. Meanwhile, rent in Eugene is cheaper. The national median rent is $928 while the median rent in Eugene is only $890.
Although the cost of living may be expensive, Eugene is worth the try. With its breathtaking sceneries, top-ranking schools, small crowds, less traffic, and growing businesses, it is no doubt that moving to Eugene, Oregon worth doing.
If you are planning to consider moving to Eugene Oregon area give us a call at 541-636-4580. Our Eugene Real Estate office is at 1580 Valley River Dr., Eugene, Oregon.