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Elmer

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

Median Home$190,300
Median Rent$943/month
Population227
Leading IndustriesConstruction · Agriculture & Mining · Education11% construction
Home Value Growth⬆⬆+15.1% over 2 years
Young Adults28% of residentsnear the national average
Homeowners64% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
Elmer City
WA

Frequently Asked Questions

What are today's mortgage rates in Elmer?

As of today, the 30-year fixed mortgage rate for Elmer is approximately 6.852% (6.887% 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 Elmer?

The median home value in Elmer is $190k. The median monthly rent is $943. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Elmer?

Home values in Elmer have increased 15.1% 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 Elmer?

Based on a typical all-in ownership cost of $833/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $36k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Elmer is $63k/year.

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What industries drive the economy in Elmer?

The largest employment sectors in Elmer are public administration (22%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.