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Herron Island

Learn about the people, housing, costs and businesses in Herron Island, Washington

Median Home$580,700
Median Rent$1,169/month
Population154
Leading IndustriesManufacturing · Agriculture & Mining · Information & Media6% manufacturing
Home Value Growth⬆⬆+12.4% over 2 years
Young Adults18% of residents
Homeowners90% of occupied units
NotableHigh Incomes$94k/year · top 21% nationally
Herron Island
WA

Frequently Asked Questions

What are today's mortgage rates in Herron Island?

As of today, the 30-year fixed mortgage rate for Herron Island is approximately 6.993% (7.033% 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 Herron Island?

The median home value in Herron Island is $581k. The median monthly rent is $1,169. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Herron Island?

Home values in Herron Island have increased 12.4% 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 Herron Island?

Based on a typical all-in ownership cost of $1,597/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $68k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Herron Island is $94k/year.

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What industries drive the economy in Herron Island?

The largest employment sectors in Herron Island are public administration (24%) and agriculture and mining (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.