Quick facts: Pasco, WA

Quick Facts

98.5
Cost of Living
below US average
79,315
Population
31.63
Crime Rate per 1000
above US average
$75,316
Median Income
below US average
$440,000
Median House Price
above US average
$2061.0
Average Rent
above US average
10%
Poverty Rate
below US average
5.3%
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 $75,316.

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Income Needed to Buy

βœ— Stretch
$138k/year
Based on $440,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $138k vs median $75,316
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Income Needed to Rent

⚠ Stretch
$88k/year
Based on $2061.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $88k vs median $75,316
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Pasco, WA

Pasco is a vibrant city located in Franklin County, Washington, and part of the Tri-Cities region, which includes Kennewick and Richland. Positioned at the confluence of the Columbia, Snake, and Yakima Rivers, Pasco is known for its rich agricultural land and a diverse economy. The city has a population of approximately 75,000 residents, making it one of the fastest-growing cities in the state. Pasco boasts a range of outdoor recreational opportunities, including parks, walking trails, and access to the rivers for fishing, boating, and kayaking. The annual Fiestas Patrias celebration showcases the region's rich Hispanic culture with food, music, and dancing. The city’s economy is bolstered by agriculture, manufacturing, and distribution, with many companies benefiting from its strategic location near major highways and railroads. Pasco International Airport serves as a gateway for travel and commerce. Overall, Pasco offers a unique blend of urban amenities and natural beauty, making it an appealing place to live and work.

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