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Beacon Hill

Learn about the people, housing, costs and businesses in Beacon Hill, Washington

Median Home$412,400
Median Rent$1,279/month
Population1,923
Leading IndustriesRetail · Manufacturing · Transportation19% retail
Home Value Growth+8.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners57% of occupied units
Beacon Hill
WA

Frequently Asked Questions

What are today's mortgage rates in Beacon Hill?

As of today, the 30-year fixed mortgage rate for Beacon Hill is approximately 6.940% (6.973% 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 Beacon Hill?

The median home value in Beacon Hill is $412k. The median monthly rent is $1,279. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Beacon Hill?

Home values in Beacon Hill have increased 8.1% 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 Beacon Hill?

Based on a typical all-in ownership cost of $1,315/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $56k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Beacon Hill is $64k/year.

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What industries drive the economy in Beacon Hill?

The largest employment sectors in Beacon Hill are retail (19%) and public administration (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.