Quick facts: Everett, WA

Quick Facts

115.3
Cost of Living
above US average
111,337
Population
47.66
Crime Rate per 1000
above US average
$77,806
Median Income
below US average
$579,900
Median House Price
above US average
$1897.53
Average Rent
above US average
10%
Poverty Rate
below US average
5.1%
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 $77,806.

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Income Needed to Buy

βœ— Stretch
$182k/year
Based on $579,900 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $182k vs median $77,806
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Income Needed to Rent

⚠ Stretch
$81k/year
Based on $1897.53/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $81k vs median $77,806
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Everett, WA

Everett, Washington, is a vibrant city located in Snohomish County, just north of Seattle. Known for its rich history and scenic waterfront along Possession Sound, Everett is a key player in the region's economy, heavily influenced by its naval and aerospace industries, particularly Boeing, which has a massive assembly plant here. The city's population of around 110,000 boasts a diverse community with a mix of cultures and backgrounds. Everett offers numerous recreational opportunities, including parks, hiking trails, and beaches, making it a great place for outdoor enthusiasts. The Everett Marina provides waterfront activities and stunning views of the Olympic Mountains. Culturally, Everett is home to the historic Everett Theatre, many art galleries, and the living history of the city's early settlers. The Xfinity Arena hosts sports events, concerts, and community gatherings, enhancing the city's lively social scene. With a robust educational system and a focus on community development, Everett is an appealing location for families and young professionals alike, making it a noteworthy city in the Pacific Northwest.

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