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Lake Cavanaugh

Learn about the people, housing, costs and businesses in Lake Cavanaugh, Washington

Median Home$650,400
Median Rent$1,734/month
Population192
Leading IndustriesInformation & Media · Construction · Agriculture & Mining9% information & media
Home Value Growth⬆⬆⬆+34.0% over 2 years
Family-Friendly29% of residentswell above average
Homeowners92% of occupied units
NotableHigh Incomes$129k/year · top 7% nationally
Lake Cavanaugh
WA

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Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Lake Cavanaugh?

As of today, the 30-year fixed mortgage rate for Lake Cavanaugh is approximately 7.007% (7.050% 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 Lake Cavanaugh?

The median home value in Lake Cavanaugh is $650k. The median monthly rent is $1,734. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake Cavanaugh?

Home values in Lake Cavanaugh have increased 34.0% 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 Lake Cavanaugh?

Based on a typical all-in ownership cost of $1,632/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 Lake Cavanaugh is $129k/year.

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What industries drive the economy in Lake Cavanaugh?

The largest employment sectors in Lake Cavanaugh are public administration (26%) and information and media (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.