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Okanogan

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

Median Home$253,620
Median Rent$1,024/month
Population2,496
Leading IndustriesConstruction · Agriculture & Mining · Information & Media7% construction
Home Value Growth⬆⬆⬆+33.5% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners67% of occupied units
NotableHighly Educated25% hold a bachelor's degree · top 18% nationally
Okanogan
WA

Frequently Asked Questions

What are today's mortgage rates in Okanogan?

As of today, the 30-year fixed mortgage rate for Okanogan is approximately 6.895% (6.931% 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 Okanogan?

The median home value in Okanogan is $254k. The median monthly rent is $1,024. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Okanogan?

Home values in Okanogan have increased 33.5% 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 Okanogan?

Based on a typical all-in ownership cost of $922/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $40k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Okanogan is $68k/year.

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What industries drive the economy in Okanogan?

The largest employment sectors in Okanogan are public administration (20%) and healthcare (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.