Quick facts: Wapato, WA

Quick Facts

115.1
Cost of Living
above US average
4,513
Population
33.24
Crime Rate per 1000
above US average
$48,877
Median Income
below US average
$465,000
Median House Price
above US average
$2095.0
Average Rent
above US average
15%
Poverty Rate
above 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 $48,877.

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Income Needed to Buy

βœ— Stretch
$146k/year
Based on $465,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $146k vs median $48,877
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Income Needed to Rent

⚠ Stretch
$90k/year
Based on $2095.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $90k vs median $48,877
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Wapato, WA

Wapato, Washington, is a small city located in Yakima County in the central part of the state. Known for its rich agricultural land, Wapato is surrounded by picturesque landscapes characterized by rolling hills and nearby mountains. Established in 1905, Wapato has a strong sense of community and offers a quiet, rural lifestyle, making it ideal for those seeking a break from urban life's hustle and bustle. The city has a diverse population and is steeped in agricultural heritage, with many residents involved in farming and related industries, particularly in fruit production. Wapato is also home to several parks and recreational areas, providing residents with opportunities for outdoor activities. Cultural influences from local Native American tribes are evident in the area, adding to its uniqueness. The community celebrates various events throughout the year, showcasing local arts and traditions. Overall, Wapato embodies the charm of small-town living while being conveniently located near larger cities like Yakima, ensuring access to a wider range of amenities and services.

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