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Larch Way

Learn about the people, housing, costs and businesses in Larch Way, Washington

Median Home$811,067
Median Rent$2,453/month
Population4,798
Leading IndustriesManufacturing · Professional Services · Education3% manufacturing
Home Value Growth⬆⬆+20.8% over 2 years
Young Adults32% of residentsabove average nationally
Homeowners60% of occupied units
NotableHigh Incomes$135k/year · top 6% nationally
Larch Way
WA

Frequently Asked Questions

What are today's mortgage rates in Larch Way?

As of today, the 30-year fixed mortgage rate for Larch Way is approximately 6.906% (6.942% 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 Larch Way?

The median home value in Larch Way is $811k. The median monthly rent is $2,453. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Larch Way?

Home values in Larch Way have increased 20.8% 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 Larch Way?

Based on a typical all-in ownership cost of $2,451/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $105k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Larch Way is $135k/year.

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What industries drive the economy in Larch Way?

The largest employment sectors in Larch Way are public administration (24%) and retail (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.