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Normandy Park

Learn about the people, housing, costs and businesses in Normandy Park, Washington

Median Home$986,268
Median Rent$2,042/month
Population6,749
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Transportation4% professional services
Home Value Growth⬆⬆+18.7% over 2 years
Retirees22% of residentsnear the national average
Homeowners81% of occupied units
NotableHigh Incomes$157k/year · top 3% nationally
NotableHighly Educated35% bachelor's · 14% graduate · top 3% nationally
Normandy Park
WA

Frequently Asked Questions

What are today's mortgage rates in Normandy Park?

As of today, the 30-year fixed mortgage rate for Normandy Park is approximately 6.784% (6.816% 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 Normandy Park?

The median home value in Normandy Park is $986k. The median monthly rent is $2,042. Annual property taxes average $10k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Normandy Park?

Home values in Normandy Park have increased 18.7% 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 Normandy Park?

Based on a typical all-in ownership cost of $2,429/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $104k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Normandy Park is $157k/year.

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What industries drive the economy in Normandy Park?

The largest employment sectors in Normandy Park are public administration (23%) and healthcare (17%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.