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Summit View

Learn about the people, housing, costs and businesses in Summit View, Washington

Median Home$548,034
Median Rent$2,095/month
Population9,654
Leading IndustriesInformation & Media · Finance & Insurance · Education9% information & media
Home Value Growth+3.5% over 2 years
Young Adults33% of residentswell above average
Homeowners72% of occupied units
NotableHigh Incomes$130k/year · top 7% nationally
NotableAmenity Score68/100 · highly walkable area
Summit View
WA

Frequently Asked Questions

What are today's mortgage rates in Summit View?

As of today, the 30-year fixed mortgage rate for Summit View is approximately 6.833% (6.867% 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 Summit View?

The median home value in Summit View is $548k. The median monthly rent is $2,095. Annual property taxes average $5k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Summit View?

Home values in Summit View have increased 3.5% 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 Summit View?

Based on a typical all-in ownership cost of $2,203/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $94k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Summit View is $130k/year.

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What industries drive the economy in Summit View?

The largest employment sectors in Summit View are public administration (23%) and retail (11%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.