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Yakima

Learn about the people, housing, costs and businesses in Yakima

Median Home$297,577
Median Rent$1,160/month
Population257,152
Leading IndustriesTransportation · Construction · Agriculture & Mining4% transportation
Home Value Growth+9.9% over 2 years
Family-Friendly29% of residentstop 2% nationally
Homeowners62% of occupied units
Yakima

Frequently Asked Questions

What are today's mortgage rates in Yakima?

Mortgage rates for Yakima are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Yakima?

The median home value in Yakima is $298k. The median monthly rent is $1,160. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Yakima?

Home values in Yakima have increased 9.9% 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 Yakima?

Based on a typical all-in ownership cost of $1,145/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $49k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Yakima is $72k/year.

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What industries drive the economy in Yakima?

The largest employment sectors in Yakima are public administration (22%) and agriculture and mining (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.