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Othello

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

Median Home$286,753
Median Rent$944/month
Population8,588
Leading IndustriesConstruction · Agriculture & Mining · Finance & Insurance23% construction
Home Value Growth⬆⬆⬆+27.6% over 2 years
Family-Friendly41% of residentstop 1% nationally
Homeowners55% of occupied units
NotableAmenity Score68/100 · highly walkable area
Othello
WA

Frequently Asked Questions

What are today's mortgage rates in Othello?

As of today, the 30-year fixed mortgage rate for Othello is approximately 6.933% (6.970% 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 Othello?

The median home value in Othello is $287k. The median monthly rent is $944. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Othello?

Home values in Othello have increased 27.6% 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 Othello?

Based on a typical all-in ownership cost of $1,000/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Othello is $63k/year.

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What industries drive the economy in Othello?

The largest employment sectors in Othello are public administration (25%) and agriculture and mining (23%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.