Quick facts: Metaline falls, WA

Quick Facts

115.1
Cost of Living
above US average
289
Population
103.81
Crime Rate per 1000
above US average
$28,250
Median Income
below US average
$255,000
Median House Price
above US average
$1979
Average Rent
above US average
12%
Poverty Rate
above US average
5.2%
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 $28,250.

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Income Needed to Buy

βœ— Stretch
$80k/year
Based on $255,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $80k vs median $28,250
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Income Needed to Rent

⚠ Stretch
$85k/year
Based on $1979/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $85k vs median $28,250
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Metaline falls, WA

Metaline Falls is a small village located in Pend Oreille County in northeastern Washington State, near the Canadian border. Nestled along the picturesque Pend Oreille River, it is known for its scenic beauty and outdoor recreational opportunities. The village spans a humble area and has a close-knit community feel, making it an ideal spot for those looking to escape the hustle and bustle of larger cities. The surrounding landscape features lush forests, mountains, and abundant wildlife, making it a haven for nature enthusiasts. Activities such as hiking, fishing, boating, and camping are popular among locals and visitors alike. The nearby Selkirk Mountains offer trails and vistas for outdoor adventure. Metaline Falls is also known for its historical significance, with remnants of the area's mining and logging past. The village's proximity to the larger town of Newport provides access to additional amenities, including shopping and dining. Overall, Metaline Falls is a serene retreat for those who appreciate the beauty of nature and small-town charm.

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