Quick facts: Chewelah, WA

Quick Facts

115.1
Cost of Living
above US average
2,570
Population
7.78
Crime Rate per 1000
below US average
$52,905
Median Income
below US average
$200,000
Median House Price
above US average
$1115.4
Average Rent
below US average
10%
Poverty Rate
below US average
4.2%
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 $52,905.

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Income Needed to Buy

βœ— Stretch
$63k/year
Based on $200,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $63k vs median $52,905
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Income Needed to Rent

βœ“ Affordable
$48k/year
Based on $1115.4/month average rent
Annual income where rent = 28% of gross
πŸ“Š Median income ($52,905) exceeds requirement
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Chewelah, WA

Chewelah is a small city located in Stevens County in eastern Washington State. Nestled within a picturesque valley, Chewelah is surrounded by stunning natural beauty, including the nearby Chewelah Mountain and several lakes, making it a great spot for outdoor enthusiasts. The city has a rich history, with roots that trace back to its establishment in the late 19th century, originally thriving as a logging and agricultural hub. Chewelah offers a close-knit community atmosphere, with local events and activities that bring residents together. The city features essential amenities, including parks, shops, and schools, which cater to the needs of its residents. Recreational opportunities abound, with skiing available at nearby 49 Degrees North Ski Area in the winter and hiking, fishing, and camping in the warmer months. For those seeking a slower-paced, rural lifestyle while still enjoying access to nature and a welcoming community, Chewelah is an appealing choice. Its small-town charm, combined with the natural splendor of the surrounding area, makes it a unique and inviting place to live or visit.

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