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College Place

Learn about the people, housing, costs and businesses in College Place, Washington

Median Home$363,927
Median Rent$1,089/month
Population9,324
Leading IndustryPublic Administration40% of local workforce
Home Value Growth-0.5% over 2 years
Young Adults34% of residentswell above average
Homeowners66% of occupied units
NotableTransit80/100 · excellent transit access
College Place
WA

Frequently Asked Questions

What are today's mortgage rates in College Place?

As of today, the 30-year fixed mortgage rate for College Place is approximately 6.910% (6.947% 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 College Place?

The median home value in College Place is $364k. The median monthly rent is $1,089. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in College Place?

Home values in College Place have decreased 0.5% over the past two years. Buyers may find more negotiating room in this market. 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 College Place?

Based on a typical all-in ownership cost of $1,204/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $52k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in College Place is $75k/year.

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What industries drive the economy in College Place?

The largest employment sectors in College Place are public administration (40%) and healthcare (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.