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Elbe

Learn about the people, housing, costs and businesses in Elbe, Washington

Median Home$444,400
Median Rent$989/month
Population39
Leading IndustriesInformation & Media · Manufacturing · Finance & Insurance12% information & media
Home Value Growth+10.2% over 2 years
Family-Friendly26% of residentsabove average nationally
Homeowners79% of occupied units
NotableHigh Incomes$114k/year · top 11% nationally
NotableTransit79/100 · excellent transit access
Elbe
WA

Frequently Asked Questions

What are today's mortgage rates in Elbe?

As of today, the 30-year fixed mortgage rate for Elbe is approximately 7.007% (7.047% 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 Elbe?

The median home value in Elbe is $444k. The median monthly rent is $989. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elbe?

Home values in Elbe have increased 10.2% over the past two years. This indicates a strong appreciation trend. 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 Elbe?

Based on a typical all-in ownership cost of $1,625/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elbe is $114k/year.

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What industries drive the economy in Elbe?

The largest employment sectors in Elbe are public administration (26%) and information and media (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.