HomeOregonBenton CountyCorvallis city
Corvallis city, Oregon: commercial real estate data.
Corvallis city 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.
77 sourced place values · tier FULL · 8 sections · 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$250,000
- Ninetieth percentile approval$1,043,000
- Largest approval$2,655,400
- Jobs supported334
- Jobs per approval6.4
- Loans with a final outcome10
- Paid in full9
- Charged off1
- Charge-off rate over resolved loans10.0 percent
- 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
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
US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Benton County, not Corvallis
Benton County context, not Corvallis figures
These are Benton County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Corvallis measurements.
- Establishments in Benton County2,200
- Employment at those establishments, Benton County28,030
- Covered employment, Benton County38,636
- Average annual pay, Benton County$67,162
- Average weekly wage, Benton County$1,292
- Housing units permitted, Benton County116
- Of those, single family, Benton County91
- County product, 2024, Benton County$6,267,300,000
- County product change over the prior year, Benton County5.7 percent
- Average income of an arriving household, Benton County$94,139
Every figure in this section is published for Benton County as a whole and is not a measurement of Corvallis. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
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. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
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 totalling $21.6 m, across 24 lenders, median approval $250,000, plus 13 504 approvals worth $9.8 m. 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?
Of the 10 loans that have reached a final outcome, 9 were paid in full and 1 charged off, a charge off rate of 10.0 percent. Loans still running are excluded because they have not yet succeeded or failed.
Are the county figures on this page Corvallis figures?
No, and they are labelled 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?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.
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