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Pateros

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

Median Home$323,400
Median Rent$925/month
Population591
Leading IndustriesAgriculture & Mining · Construction · Transportation51% agriculture & mining
Home Value Growth-1.3% over 2 years
Family-Friendly27% of residentsabove average nationally
Homeowners66% of occupied units
NotableTransit86/100 · excellent transit access
Pateros
WA

Frequently Asked Questions

What are today's mortgage rates in Pateros?

As of today, the 30-year fixed mortgage rate for Pateros 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 Pateros?

The median home value in Pateros is $323k. The median monthly rent is $925. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pateros?

Home values in Pateros have decreased 1.3% over the past two years. Buyers may find more negotiating room in this market. 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 Pateros?

Based on a typical all-in ownership cost of $989/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $42k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pateros is $63k/year.

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What industries drive the economy in Pateros?

The largest employment sectors in Pateros are agriculture and mining (51%) and construction (50%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.