HomeOregonBenton CountyCorvallis
Corvallis, Oregon: commercial real estate data.
Corvallis is a Census city of 59,960 people across 14.53 square miles of land, in Benton County. Median household income is $65,012, 41.7 percent of occupied homes are owned, and the SBA record carries 52 7(a) approvals to borrowers here worth $21.6 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Corvallis
What Corvallis is
- Census place typecity
- Land area14.53 sq mi
- Water area0.13 sq mi
- Population per square mile of land4,127
- County holding the largest share of its areaBenton County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corvallis
How many people live in Corvallis
- Population59,960
- Median age27.9
- Population under 188,477
- Share under 1814.1 percent
- Population 65 and over8,508
- Share 65 and over14.2 percent
- Households23,980
- Family households10,560
- Share of households that are families44.0 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corvallis
Income and work in Corvallis
- Median household income$65,012
- Per capita income$40,092
- Civilian labor force32,604
- Employed29,871
- Unemployed2,733
- Unemployment rate8.4 percent
- Adults 25 and over33,019
- Adults 25 and over with a high school diploma or higher95.8 percent
- Adults 25 and over with a bachelor degree or higher61.4 percent
- Adults 25 and over with a graduate degree30.7 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corvallis
Housing in Corvallis
- Housing units25,628
- Occupied units23,980
- Vacant units1,648 plus or minus 425
- Vacancy rate6.4 percent plus or minus 1.7
- Owner occupied10,011
- Renter occupied13,969
- Ownership rate41.7 percent
- Median owner-occupied home value$502,900
- Median gross rent, monthly$1,391
- Annual rent as a share of median income25.7 percent
- Single family units13,605
- Share single family53.1 percent
- Units in buildings of two or more11,306
- Share in buildings of two or more44.1 percent
- Mobile homes640 plus or minus 157
- Median year structure built1978
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corvallis
How Corvallis gets to work
- Workers 16 and over who commute23,680
- Commuting under 15 minutes12,976
- Share commuting under 15 minutes54.8 percent
- Commuting 30 minutes or more3,414
- Share commuting 30 minutes or more14.4 percent
- Drove alone56.0 percent
- Carpooled6.3 percent
- Public transport2.1 percent plus or minus 0.6
- Walked9.9 percent
- Worked from home18.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Corvallis
SBA loans in Corvallis (7(a))
- Approvals52
- Gross approval$21,635,300
- Average approval$416,063
- Median approval$242,100
- Ninetieth percentile approval$1,038,700
- Largest approval$2,655,400
- Jobs supported334
- Jobs per approval6.4
- Loans with a final outcome10
- Paid in full9
- Charged off1
- Median term120 months
- Share on real estate terms of 20 years or more23.1 percent
- Share to franchises11.5 percent
- Distinct lenders24
- Distinct industries by NAICS36
Counted by borrower city: approvals to borrowers whose address is in Corvallis, in any county, FY2020 to FY2026. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Corvallis
SBA loans in Corvallis (504)
- Approvals13
- Gross approval$9,768,000
- Average approval$751,385
- Median approval$588,000
- Largest approval$2,542,000
- Jobs supported64
- Loans with a final outcome2
- Charged off0
- Median term240 months
- Distinct CDCs4
Counted by borrower city: approvals to borrowers whose address is in Corvallis, in any county, FY2010 to FY2026. Only 2 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Corvallis
Flood risk in Corvallis
- NFIP communityCity of Corvallis
- NFIP community number410009
- Participating in the NFIPYes
- Community Rating System classClass 5
- Currently effective map date06/02/11
The City of Corvallis participates in the National Flood Insurance Program as community 410009 and carries Community Rating System class 5, a flood insurance premium discount for policies written there.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Benton County, not Corvallis
Benton County context, not Corvallis figures
- Establishments in Benton County2,200
- Covered employment, Benton County38,636
- Average annual pay, Benton County$67,162
- Housing units permitted, Benton County116
Every figure in this section is published for Benton County as a whole and is not a measurement of Corvallis.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual.
Coverage
What this page does not hold.
Parcel detail, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Common questions
Corvallis questions, answered from the record.
How many people live in Corvallis, Oregon?
59,960, in 23,980 households. Corvallis city covers 14.53 square miles of land, which is 4,127 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Corvallis in?
Benton County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Corvallis?
$65,012. The median owner-occupied home is valued at $502,900. Median gross rent is $1,391 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Corvallis businesses?
52 7(a) approvals totaling $21.6 m since FY2020, across 24 lenders, median approval $242,100, plus 13 504 approvals worth $9.8 m since FY2010. These count approvals to borrowers whose address is in Corvallis, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Corvallis borrowers get paid back?
No rate is published for Corvallis. Only 10 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published. The counts are shown instead.
Is Corvallis in the National Flood Insurance Program?
Yes. Corvallis appears in the FEMA Community Status Book as Corvallis, city of, community 410009, carrying Community Rating System class 5, which is a premium discount for exceeding the program minimum. Whether a specific parcel sits in a mapped special flood hazard area is an address level question the platform answers.
Are the county figures on this page Corvallis figures?
No, and they are labeled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Benton County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Corvallis.
Is zoning published for Corvallis?
No. Nothing on this page presents parcel level zoning.
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