Quick facts: Thorp, WA

Quick Facts

115.1
Cost of Living
above US average
90
Population
55.56
Crime Rate per 1000
above US average
$62,500
Median Income
below US average
$369,500
Median House Price
above US average
$1979
Average Rent
above US average
10%
Poverty Rate
below US average
5.0%
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 $62,500.

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Income Needed to Buy

βœ— Stretch
$116k/year
Based on $369,500 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $116k vs median $62,500
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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 $62,500
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Thorp, WA

Thorp is a charming unincorporated community located in Kittitas County, Washington, nestled in the picturesque Yakima Valley. This quaint area is situated along the historic route of the Northern Pacific Railway, contributing to its rich history and rural character. Thorp is predominantly surrounded by lush farmland and beautiful mountain scenery, offering a serene escape for outdoor enthusiasts. The community is known for its strong agricultural roots, particularly in fruit and hay production, making it a vital part of the regional economy. Thorp is home to the iconic Thorp Grist Mill, a historic structure that highlights the area's heritage and offers a glimpse into its past. Residents enjoy a tight-knit community feel, with local events and gatherings fostering social connections. Proximity to larger cities like Ellensburg provides access to essential services, shopping, and cultural activities while allowing Thorp to maintain its peaceful small-town charm. Overall, Thorp, WA, is a delightful place that showcases the natural beauty and simplicity of rural life in the Pacific Northwest, appealing to those seeking tranquility and a connection to nature.

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