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Prairie Heights

Learn about the people, housing, costs and businesses in Prairie Heights, Washington

Median Home$486,674
Median Rent$2,015/month
Population4,636
Leading IndustriesInformation & Media · Manufacturing · Finance & Insurance8% information & media
Home Value Growth⬆⬆+18.5% over 2 years
Family-Friendly24% of residentsslightly above average
Homeowners93% of occupied units
NotableHigh Incomes$113k/year · top 11% nationally
NotableTransit80/100 · excellent transit access
Prairie Heights
WA

Explore Prairie Heights

Real local data across mortgage, insurance, natural hazard, and place.

Frequently Asked Questions

What are today's mortgage rates in Prairie Heights?

As of today, the 30-year fixed mortgage rate for Prairie Heights is approximately 6.881% (6.917% 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 Prairie Heights?

The median home value in Prairie Heights is $487k. The median monthly rent is $2,015. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Prairie Heights?

Home values in Prairie Heights have increased 18.5% 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 Prairie Heights?

Based on a typical all-in ownership cost of $1,764/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $76k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Prairie Heights is $113k/year.

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What industries drive the economy in Prairie Heights?

The largest employment sectors in Prairie Heights are public administration (24%) and retail (9%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.