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Seattle

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

Median Home$922,599
Median Rent$2,102/month
Population754,143
Leading IndustriesProfessional Services · Arts, Food & Hospitality · Healthcare4% professional services
Home Value Growth+4.1% over 2 years
Young Adults40% of residentstop 3% nationally
Renters56% of occupied units
NotableAmenity Score84/100 · highly walkable area
NotableHigh Incomes$131k/year · top 6% nationally
Seattle
WA

Frequently Asked Questions

What are today's mortgage rates in Seattle?

As of today, the 30-year fixed mortgage rate for Seattle is approximately 6.473% (6.520% 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 Seattle?

The median home value in Seattle is $923k. The median monthly rent is $2,102. Annual property taxes average $7k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Seattle?

Home values in Seattle have increased 4.1% 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 Seattle?

Based on a typical all-in ownership cost of $2,335/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $100k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Seattle is $131k/year.

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What industries drive the economy in Seattle?

The largest employment sectors in Seattle are public administration (25%) and healthcare (19%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.