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Kent

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

Median Home$564,117
Median Rent$2,082/month
Population135,862
Leading IndustriesFinance & Insurance · Information & Media · Transportation10% finance & insurance
Home Value Growth+7.3% over 2 years
Young Adults33% of residentswell above average
Homeowners58% of occupied units
NotableAmenity Score72/100 · highly walkable area
NotableHigh Incomes$99k/year · top 18% nationally
Kent
WA

Frequently Asked Questions

What are today's mortgage rates in Kent?

As of today, the 30-year fixed mortgage rate for Kent is approximately 6.822% (6.855% 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 Kent?

The median home value in Kent is $564k. The median monthly rent is $2,082. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Kent?

Home values in Kent have increased 7.3% 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 Kent?

Based on a typical all-in ownership cost of $2,057/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $88k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Kent is $99k/year.

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What industries drive the economy in Kent?

The largest employment sectors in Kent are public administration (20%) and retail (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.