Snohomish County
Washington ยท Pop. 827,957
Ranked #168 of 200 counties
28Crisis
Median Home Price
๐$650K
3.8% YoY
Median Rent
๐$1,900
Median Income
๐ฐ$90K
Rent Burden
๐28.5%
% of income to rent
Housing Shortage
๐๏ธ12,000
estimated unit deficit
Building Permits (2024)
๐6,200
Price-to-Income Ratio
โ๏ธ7.2x
Homeownership Rate
๐ก66.0%
How Snohomish County Compares
| Metric | Snohomish County | Washington | National |
|---|---|---|---|
| Home Price | $650K | $576K | $410K |
| Rent | $1,900 | $1,731 | $1,500 |
| Income | $90K | $95K | $75K |
| Rent Burden | 28.5% | 35.0% | 30.0% |
| Homeownership | 66.0% | 64.0% | 65.0% |
Key Takeaways
- โข Home prices are 59% above the national average.
- โข Rent is 27% above the national average.
- โข The county has an estimated housing shortage of 12,000 units.
- โข 6,200 building permits were issued in 2024.
- โข Year-over-year home prices changed by 3.8%.