Quick facts: Mukilteo, WA

Quick Facts

115.1
Cost of Living
above US average
21,096
Population
25.36
Crime Rate per 1000
above US average
$123,036
Median Income
above US average
$819,000
Median House Price
above US average
$3515.83
Average Rent
above US average
5%
Poverty Rate
below US average
3.2%
Unemployment Rate
below 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 $123,036.

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Income Needed to Buy

βœ— Stretch
$257k/year
Based on $819,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $257k vs median $123,036
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Income Needed to Rent

⚠ Stretch
$151k/year
Based on $3515.83/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $151k vs median $123,036
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Mukilteo, WA

Mukilteo, Washington, is a charming coastal city located in Snohomish County, just north of Seattle. Known for its picturesque waterfront, Mukilteo offers stunning views of the Puget Sound and the Olympic Mountains. The city has a rich history, with the Mukilteo Lighthouse Park being a notable landmark, featuring an iconic lighthouse built in 1906. The city is a family-friendly community with well-rated schools and numerous parks, making it ideal for outdoor activities. Popular recreational spots include Edgewater Beach and Mukilteo Village Park, where visitors can enjoy walking trails, picnic areas, and beach access. Mukilteo has a quaint downtown area filled with unique shops, restaurants, and cafes, creating a vibrant local culture. The nearby ferry terminal provides easy access to Whidbey Island and other destinations, enhancing the area's appeal. With its combination of scenic beauty, community spirit, and proximity to urban amenities in Seattle, Mukilteo stands out as a desirable place to live or visit in the Pacific Northwest.

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