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Central Park

Learn about the people, housing, costs and businesses in Central Park, Washington

Median Home$332,400
Median Rent$1,120/month
Population3,010
Leading IndustriesPublic Administration · Information & Media · Construction29% public administration
Home Value Growth+5.6% over 2 years
Retirees28% of residentswell above average
Homeowners89% of occupied units
NotableHigh Incomes$98k/year · top 18% nationally
NotableVeteran Community9% of residents · top 22% nationally
Central Park
WA

Frequently Asked Questions

What are today's mortgage rates in Central Park?

As of today, the 30-year fixed mortgage rate for Central Park is approximately 6.911% (6.948% 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 Central Park?

The median home value in Central Park is $332k. The median monthly rent is $1,120. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Central Park?

Home values in Central Park have increased 5.6% 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 Central Park?

Based on a typical all-in ownership cost of $1,476/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Central Park is $98k/year.

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What industries drive the economy in Central Park?

The largest employment sectors in Central Park are public administration (29%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.