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Lofall

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

Median Home$628,883
Median Rent$2,282/month
Population2,429
Leading IndustriesHealthcare · Arts, Food & Hospitality · Education13% healthcare
Home Value Growth+9.3% over 2 years
Retirees21% of residentsnear the national average
Homeowners86% of occupied units
NotableVeteran Community12% of residents · top 6% nationally
NotableHigh Incomes$127k/year · top 7% nationally
Lofall
WA

Frequently Asked Questions

What are today's mortgage rates in Lofall?

As of today, the 30-year fixed mortgage rate for Lofall is approximately 6.815% (6.848% 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 Lofall?

The median home value in Lofall is $629k. The median monthly rent is $2,282. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Lofall?

Home values in Lofall have increased 9.3% 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 Lofall?

Based on a typical all-in ownership cost of $1,939/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $83k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Lofall is $127k/year.

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What industries drive the economy in Lofall?

The largest employment sectors in Lofall are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.