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South Creek

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

Median Home$606,200
Median Rent$984/month
Population2,010
Leading IndustriesProfessional Services · Wholesale Trade · Information & Media5% professional services
Home Value Growth⬆⬆+14.2% over 2 years
Family-Friendly20% of residents
Homeowners84% of occupied units
NotableVeteran Community14% of residents · top 3% nationally
NotableHigh Incomes$117k/year · top 10% nationally
South Creek
WA

Frequently Asked Questions

What are today's mortgage rates in South Creek?

As of today, the 30-year fixed mortgage rate for South Creek is approximately 6.835% (6.869% 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 South Creek?

The median home value in South Creek is $606k. The median monthly rent is $984. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in South Creek?

Home values in South Creek have increased 14.2% 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 South Creek?

Based on a typical all-in ownership cost of $1,476/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $63k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in South Creek is $117k/year.

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What industries drive the economy in South Creek?

The largest employment sectors in South Creek are wholesale trade (16%) and public administration (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.