Quick facts: Centralia, WA

Quick Facts

115.1
Cost of Living
above US average
18,773
Population
55.24
Crime Rate per 1000
above US average
$50,422
Median Income
below US average
$399,990
Median House Price
above US average
$1952.67
Average Rent
above US average
14%
Poverty Rate
above US average
5.4%
Unemployment Rate
above US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $50,422.

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Income Needed to Buy

βœ— Stretch
$125k/year
Based on $399,990 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $125k vs median $50,422
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Income Needed to Rent

⚠ Stretch
$84k/year
Based on $1952.67/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $84k vs median $50,422
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Centralia, WA

Centralia, Washington, is a small city located in Lewis County, known for its rich history and vibrant community. With an estimated population of around 16,000, it serves as a gateway to the scenic beauty of the Pacific Northwest. Centralia is particularly famous for its historic downtown area, which features preserved buildings, quaint shops, and local eateries. Founded in the late 19th century, Centralia's history is marked by its early roots in the lumber industry and its role as a railroad hub. The city is home to the Centralia College, one of the oldest community colleges in Washington, further enriching the local culture. Surrounded by natural beauty, residents and visitors enjoy outdoor activities like hiking, fishing, and exploring nearby parks like the Riverside Park and the Chehalis River. Centralia's annual events, such as the Great Train Wreck and the 4th of July Festival, foster a strong sense of community. Located conveniently between Seattle and Portland, Centralia provides easy access to larger urban areas while maintaining a cozy, small-town atmosphere. Whether you're interested in history, education, or outdoor pursuits, Centralia is a charming place to explore.

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