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Lake McMurray

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

Median Home$720,400
Median Rent$1,784/month
Population391
Leading IndustriesWholesale Trade · Education · Arts, Food & Hospitality17% wholesale trade
Home Value Growth-1.0% over 2 years
Retirees23% of residentsslightly above average
Homeowners82% of occupied units
NotableHigh Incomes$124k/year · top 8% nationally
NotableVeteran Community10% of residents · top 14% nationally
Lake McMurray
WA

Frequently Asked Questions

What are today's mortgage rates in Lake McMurray?

As of today, the 30-year fixed mortgage rate for Lake McMurray is approximately 6.884% (6.920% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Lake McMurray
What is the median home price in Lake McMurray?

The median home value in Lake McMurray is $720k. The median monthly rent is $1,784. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lake McMurray?

Home values in Lake McMurray have decreased 1.0% over the past two years. Buyers may find more negotiating room in this market. 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 McMurray?

Based on a typical all-in ownership cost of $1,834/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $79k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lake McMurray is $124k/year.

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What industries drive the economy in Lake McMurray?

The largest employment sectors in Lake McMurray are public administration (22%) and wholesale trade (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.