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Malott

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

Median Home$253,100
Median Rent$1,027/month
Population487
Leading IndustriesConstruction · Agriculture & Mining · Information & Media11% construction
Home Value Growth⬆⬆⬆+34.0% over 2 years
Family-Friendly30% of residentstop 4% nationally
Homeowners68% of occupied units
Malott
WA

Frequently Asked Questions

What are today's mortgage rates in Malott?

As of today, the 30-year fixed mortgage rate for Malott is approximately 6.960% (6.998% 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 Malott?

The median home value in Malott is $253k. The median monthly rent is $1,027. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Malott?

Home values in Malott 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 Malott?

Based on a typical all-in ownership cost of $921/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $39k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Malott is $68k/year.

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What industries drive the economy in Malott?

The largest employment sectors in Malott are public administration (24%) and agriculture and mining (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.