Lincoln County, WA real estate

What the numbers say

Lincoln County, WA real estate at a glance

By AstroCore · Realtor.com, US Census and Freddie Mac data

Homeowners in Lincoln County pay a median of $1,744 a year in property taxes on a median home value of $292,800, an effective rate of about 0.60%. The Washington average is 0.81%, which makes Lincoln County the #4 lowest-tax of 39 counties in the state with published tax data.

Renters pay a median of $883 a month, and $735 for a two-bedroom. At today's prices a typical home costs about 28 times a year's rent, which generally favors renting over buying in the short term.

With 20% down and today's 7.24% average 30-year rate, the monthly payment on a $293,000 home here comes to about $1,864 including property tax and insurance. Lenders typically want that to be under 28% of income, which works out to roughly $80,000 a year (the median household here earns $71,512).