Crescent Lake, Oregon.
Typical home $464,164 (+2.1% in a year). Klamath Falls, OR metro.
to buy the typical home at today's mortgage rate — +$1,473 (+153%) since Jan 2020.
- 1 year
- Up $9,608 +2%
- $454,555$464,164 since Sep 2025
- 5 years
- Up $111,716 +32%
- $352,447$464,164 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Crescent Lake$2,436
- Oregon$2,586
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Crescent Lake, OR rose 2.1% over the past year — faster than the nation's +1.2%.
Living in Crescent Lake, Klamath County, Oregon
The Census does not count Crescent Lake on its own, so the figures here are Klamath County's. Half the county's households earn more than $58,830 a year and half less; 18% of the county's people live below the poverty line. 69% of the county's homes are lived in by their owners and 31% are rented. Unemployment in Klamath County was 6.8% in August 2026, and the county had 0.1% more jobs in 2025 than the year before. The most people in Klamath County work in schools and health care, then shops.
Written by AI Claude Haiku 5.5 wrote this on 22 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Crescent Lake is a small town in Klamath County, in south-central Oregon. Most homes here are lived in by their owners rather than rented, and the typical home value sits high for the county's wider area. Many residents know one another, and the town's quiet pace suits people who like space and a slower rhythm.
Work. Many residents work in schools, hospitals and social care, in shops, in manufacturing, or in restaurants, hotels and entertainment. Unemployment across the county has eased a little over the past year, while the number of jobs has barely changed. Most people drive to work rather than working from home, and a minority of adults hold a four-year degree.
Things to do. Crater Lake National Park and Crater Lake are a longer drive away and draw visitors to one of the best known lakes in the region. Upper Klamath Lake, also a longer drive away, offers a broad lake for boating and watching birds. The Williamson River, another longer drive away, is a river well suited to a quiet afternoon by the water.
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- 28,999households
- 41.3median age
- 23%of adults have a degree
- 18%below the poverty line
- 18 mintypical commute
- 9%work from home
What people in Klamath County work in
Employed residents by industry, from the Census survey. Klamath County had 23,884 jobs in 2025, 0.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 39° and lows near 19°; warmest in July, with highs near 85° and lows near 42°. About 61 inches of snow and 21 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Chiloquin Northwest (fort Klamath) weather station, 18 miles away (NOAA).
Largest workplaces in Klamath County
- SKY Lakes Medical CenterGeneral hospital1,281FTE
- Klamath County SDSchool district937FTE
- Oregon Institute of TechnologyUniversity or college623
- Klamath Falls City SchoolsSchool district436FTE
- WalmartWarehouse clubs and supercenters416
- Klamath Community CollegeTwo-year college312
- Columbia Forest ProductsHardwood veneer or plywood manufacturing287
- New Horizons - Oregon South - Klamath FallsCompanion services for disabled persons, the elderly, and persons diagnosed with intellectual and developmental disabilities273
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 93 workplaces with 20 or more staff, 8,088 people in all. Hospitals come from their Medicare cost reports (CMS, 2023), school districts from the Common Core of Data (NCES, 2023–24) and colleges from IPEDS (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Winter weatherRelatively high
- EarthquakesRelatively moderate
- WildfireRelatively moderate
- AvalanchesRelatively moderate
- Inland floodingRelatively moderate
- Cold wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms across Klamath County, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Klamath County and the Klamath Falls, OR metro.
Crescent Lake home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Crescent Lake$464,164
- Oregon$492,753
- United States$366,157
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Crescent Lake16
Zip codes with a Crescent Lake address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Crescent Lake — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.