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Salmon Creek

Learn about the people, housing, costs and businesses in Salmon Creek, Washington

Median Home$537,563
Median Rent$1,881/month
Population20,993
Leading IndustriesPublic Administration · Healthcare · Arts, Food & Hospitality31% public administration
Home Value Growth+5.8% over 2 years
Young Adults40% of residentstop 3% nationally
Homeowners78% of occupied units
NotableHigh Incomes$118k/year · top 9% nationally
NotableAmenity Score70/100 · highly walkable area
Salmon Creek
WA

Frequently Asked Questions

What are today's mortgage rates in Salmon Creek?

As of today, the 30-year fixed mortgage rate for Salmon Creek is approximately 6.977% (7.016% 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 Salmon Creek?

The median home value in Salmon Creek is $538k. The median monthly rent is $1,881. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Salmon Creek?

Home values in Salmon Creek have increased 5.8% over the past two years. This represents moderate growth. 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 Salmon Creek?

Based on a typical all-in ownership cost of $1,815/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $78k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Salmon Creek is $118k/year.

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What industries drive the economy in Salmon Creek?

The largest employment sectors in Salmon Creek are public administration (31%) and healthcare (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.