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Fobes Hill

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

Median Home$738,129
Median Rent$1,969/month
Population2,546
Leading IndustriesWholesale Trade · Education · Retail13% wholesale trade
Home Value Growth+6.7% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners84% of occupied units
NotableHigh Incomes$143k/year · top 5% nationally
NotableHighly Educated29% hold a bachelor's degree · top 10% nationally
Fobes Hill
WA

Frequently Asked Questions

What are today's mortgage rates in Fobes Hill?

As of today, the 30-year fixed mortgage rate for Fobes Hill is approximately 6.836% (6.870% 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 Fobes Hill?

The median home value in Fobes Hill is $738k. The median monthly rent is $1,969. Annual property taxes average $6k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Fobes Hill?

Home values in Fobes Hill have increased 6.7% 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 Fobes Hill?

Based on a typical all-in ownership cost of $2,265/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $97k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Fobes Hill is $143k/year.

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What industries drive the economy in Fobes Hill?

The largest employment sectors in Fobes Hill are public administration (19%) and retail (18%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.