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Mount Vernon

Learn about the people, housing, costs and businesses in Mount Vernon, Washington

Median Home$446,555
Median Rent$1,504/month
Population34,507
Leading IndustriesWholesale Trade · Construction · Public Administration10% wholesale trade
Home Value Growth⬆⬆+11.3% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners61% of occupied units
NotableAmenity Score77/100 · highly walkable area
NotableTransit83/100 · excellent transit access
Mount Vernon
WA

Frequently Asked Questions

What are today's mortgage rates in Mount Vernon?

As of today, the 30-year fixed mortgage rate for Mount Vernon is approximately 6.837% (6.876% 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 Mount Vernon?

The median home value in Mount Vernon is $447k. The median monthly rent is $1,504. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Mount Vernon?

Home values in Mount Vernon have increased 11.3% 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 Mount Vernon?

Based on a typical all-in ownership cost of $1,512/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $65k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Mount Vernon is $76k/year.

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What industries drive the economy in Mount Vernon?

The largest employment sectors in Mount Vernon are public administration (26%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.