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North Omak

Learn about the people, housing, costs and businesses in North Omak, Washington

Median Home$217,700
Median Rent$788/month
Population631
Leading IndustriesAgriculture & Mining · Construction59% agriculture & mining
Home Value Growth⬆⬆+15.1% over 2 years
Young Adults39% of residentstop 3% nationally
Homeowners58% of occupied units
North Omak
WA

Frequently Asked Questions

What are today's mortgage rates in North Omak?

As of today, the 30-year fixed mortgage rate for North Omak is approximately 6.852% (6.887% 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 North Omak?

The median home value in North Omak is $218k. The median monthly rent is $788. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in North Omak?

Home values in North Omak have increased 15.1% 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 North Omak?

Based on a typical all-in ownership cost of $575/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $25k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in North Omak is $61k/year.

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What industries drive the economy in North Omak?

The largest employment sectors in North Omak are agriculture and mining (59%) and construction (59%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.