Seattle-Area Housing Costs
Aug. 30th, 2006 05:39 pm![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
This put it in terms that worked for me:
I do wonder what the income numbers would be for the average-priced house in each of those areas....
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".
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.
I do wonder what the income numbers would be for the average-priced house in each of those areas....