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Sultan

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

Median Home$522,632
Median Rent$1,693/month
Population5,282
Leading IndustriesWholesale Trade · Healthcare · Finance & Insurance12% wholesale trade
Home Value Growth⬆⬆+14.1% over 2 years
Young Adults29% of residentsslightly above average
Homeowners83% of occupied units
NotableHigh Incomes$98k/year · top 19% nationally
Sultan
WA

Frequently Asked Questions

What are today's mortgage rates in Sultan?

As of today, the 30-year fixed mortgage rate for Sultan is approximately 6.845% (6.879% 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 Sultan?

The median home value in Sultan is $523k. The median monthly rent is $1,693. Annual property taxes average $4k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Sultan?

Home values in Sultan have increased 14.1% 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 Sultan?

Based on a typical all-in ownership cost of $1,954/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $84k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Sultan is $98k/year.

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What industries drive the economy in Sultan?

The largest employment sectors in Sultan are public administration (23%) and retail (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.