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Markham

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

Median Home$260,400
Median Rent$633/month
Population115
Leading IndustriesProfessional Services · Finance & Insurance · Education2% professional services
Home Value Growth⬆⬆⬆+35.9% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners88% of occupied units
NotableVeteran Community16% of residents · top 1% nationally
Markham
WA

Frequently Asked Questions

What are today's mortgage rates in Markham?

As of today, the 30-year fixed mortgage rate for Markham is approximately 6.902% (6.938% 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 Markham?

The median home value in Markham is $260k. The median monthly rent is $633. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Markham?

Home values in Markham have increased 35.9% 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 Markham?

Based on a typical all-in ownership cost of $644/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $28k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Markham is $48k/year.

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What industries drive the economy in Markham?

The largest employment sectors in Markham are public administration (20%) and healthcare (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.