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Bainbridge Island

Learn about the people, housing, costs and businesses in Bainbridge Island, Washington

Median Home$1,152,083
Median Rent$2,326/month
Population24,631
Leading IndustriesArts, Food & Hospitality · Healthcare · Professional Services24% arts, food & hospitality
Home Value Growth+9.1% over 2 years
Retirees28% of residentswell above average
Homeowners81% of occupied units
NotableHigh Incomes$182k/year · top 2% nationally
NotableHighly Educated37% bachelor's · 21% graduate · top 2% nationally
Bainbridge Island
WA

Explore Bainbridge Island

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Bainbridge Island?

As of today, the 30-year fixed mortgage rate for Bainbridge Island is approximately 6.824% (6.857% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Bainbridge Island?

The median home value in Bainbridge Island is $1.2M. The median monthly rent is $2,326. Annual property taxes average $9k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Bainbridge Island?

Home values in Bainbridge Island have increased 9.1% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Bainbridge Island?

Based on a typical all-in ownership cost of $2,678/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $115k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Bainbridge Island is $182k/year.

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What industries drive the economy in Bainbridge Island?

The largest employment sectors in Bainbridge Island are healthcare (26%) and arts, food, and hospitality (24%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.