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Mead

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

Median Home$465,305
Median Rent$1,587/month
Population7,315
Leading IndustriesPublic Administration · Wholesale Trade · Education29% public administration
Home Value Growth+5.2% over 2 years
Family-Friendly25% of residentsslightly above average
Homeowners90% of occupied units
NotableTransit82/100 · excellent transit access
NotableVeteran Community10% of residents · top 14% nationally
Mead
WA

Frequently Asked Questions

What are today's mortgage rates in Mead?

As of today, the 30-year fixed mortgage rate for Mead is approximately 6.862% (6.897% 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 Mead?

The median home value in Mead is $465k. The median monthly rent is $1,587. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mead?

Home values in Mead have increased 5.2% 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 Mead?

Based on a typical all-in ownership cost of $1,477/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mead is $100k/year.

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What industries drive the economy in Mead?

The largest employment sectors in Mead are public administration (29%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.