jenk: Faye (maggie)
[personal profile] jenk
This put it in terms that worked for me:
Here's the minimum household income you needed to buy a median-priced home last year in these areas, assuming a 20 percent down payment and a 30-year fixed-rate mortgage at 5.87 percent (the national average for 2005).
Queen Anne: $135,309
Central Bellevue: $129,406
Green Lake: $107,838
W. West Seattle: $104,421
Lake Sammamish: $104,206
East Ballard, Bothell, Central Area: $90,811
Lake City, Beacon Hill: $76,281
Source: Seattle Times analysis of King County assessor's data.
You can drill down a bit on their website - for example, this map of the Eastside lets you look more detailed information on the "Central Bellevue" area. I'm a bit surprised that the central and east Shoreline-area medians are over $300K...I grew up in Shoreline, and persist in thinking of it as "inexpensive".

I do wonder what the income numbers would be for the average-priced house in each of those areas....

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jenk

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