Spokane County
Washington · Pop. 539,339
Ranked #95 of 200 counties
42Moderate
Median Home Price
🏠$380K
5.5% YoY
Median Rent
🔑$1,400
Median Income
💰$60K
Rent Burden
📊31.0%
% of income to rent
Housing Shortage
🏗️8,000
estimated unit deficit
Building Permits (2024)
📋3,800
Price-to-Income Ratio
⚖️6.3x
Homeownership Rate
🏡62.0%
How Spokane County Compares
| Metric | Spokane County | Washington | National |
|---|---|---|---|
| Home Price | $380K | $576K | $410K |
| Rent | $1,400 | $1,731 | $1,500 |
| Income | $60K | $95K | $75K |
| Rent Burden | 31.0% | 35.0% | 30.0% |
| Homeownership | 62.0% | 64.0% | 65.0% |
Key Takeaways
- • Home prices are 7% below the national average.
- • Rent is 7% below the national average.
- • The county has an estimated housing shortage of 8,000 units.
- • 3,800 building permits were issued in 2024.
- • Year-over-year home prices changed by 5.5%.