Housing Indicators Dashboard

Arlington  | Edmonds  |  Everett  |  Granite Falls  |  Lake Stevens  |  Lynnwood  |  Marysville  | Mill Creek  |  Mountlake Terrace  |  Mukilteo  |  City of Snohomish  |  Snohomish County  | Stanwood |  Woodway

Demographics1
 2000  2010 2013 2014 2015
Population2  606,024  713,335 730,500 741,000  757,600
Housing Units 236,205 281,161 288,797 291,658  294,147
Renter Households  32.3%  31.9%  33.2% 33.5%  34%
Median Household Income (2015 dollars)  $73,532  $72,558  $70,049 $70,001  71,614
Households <50% AMI 13.9% 30.1%  30% 30.3%  28%
Cost-Burdened Homeowners  28.4%  39.6% 36.6% 34.4%  22.2%
Cost-Burdened Renters  38.1%  48.8% 50.7% 50.2%  49.9%
Average Household Size: Homeowners  2.8  2.7  2.7 2.7  2.75
Average Household Size: Renters  2.3  2.3 2.5 2.5  2.55
Single Family Home Share  65.7%  67.8% 68.9% 69.2%  69%
Single Person Households 22.6% 25.0% 24.9% 25.0%  24.4%
Jobs-Total Housing Ratio 0.99 0.84 0.82
Jobs-Occupied Housing Ratio 1.04 0.89 0.88
Employed People/Occupied Housing Unit 1.34 1.25 1.23
Location Affordability Index

HUD’s Location Affordability Index provides estimates on the typical cost of housing and transportation combined in a given location balancing a range of factors. These estimates are expressed in terms of a share of household income, with 45% as the recommended maximum portion of income devoted to the two. Estimates of what several types of households could expect to spend on housing and transportation in Snohomish County are as follows:

  • Regional median income household – 50% of income
  • Family at 80% AMI – 55.5% of income
  • Single parent family at 50% AMI – 78% of income
  • Retired couple at 80% AMI – 49.1% of income
  • Individual at national poverty line – 177.6% of income
Typical Housing Costs – All Households3
 2000  2010  2013 2014 2015
Median Rent (2015 dollars)  $1,062  $1,088  $1,129 $1,137  $1,168
Required Income $42,461  $43,513  $45,155 $45,483
Median Home Value (2015 dollars) $272,313  $370,560  $299,633 $289,810  $296,697
Required Income4 $70,383  $77,132  $60,458 $57,444  $61,757
Ratio: Median Value-Median HH Income 3.7 5.1 4.3 4.1
Assisted Housing Stock
2003 2007 2010 2013 2014 2015 2016
All Assisted Housing Units 16,344
Section 8 Housing Choice Vouchers: HASCO  3,074  3,026  2,938  3,019 3,093  3,421
Section 8 Housing Choice Vouchers: EHA 2,561  2,762
Market Information

The table below differs from the “Typical Housing Costs” table in that it specifically shows rents and home prices for new renters or homebuyers in that year, as opposed to values for the entire market as in “Typical Housing Costs”.

2010 2013 2014 2015   2016   2017
Median Rents – Dupre and Scott (2017 Dollars)
     Studio  $665  $680  $698  $855
     One Bedroom  $768  $806  $849  $1,026
     Two Bedrooms  $918  $968  $1,027  $1,270
     Three Bedrooms  $1,460  $1,512  $1,600  $1,744
     Four+ Bedrooms  $1,934  $1,915  $2,000  $2,515
Median Home Sale (2015 Dollars)  $300,136  $340,609  $281,242  $325,000
     Required Income  $64,998  $68,726  $55,746  $64,517

1. Unless otherwise noted, 2010 and 2013 data in “Demographics” table is from 5 year US Census American Community Survey estimate. Data from 2000 is from the 2000 Census SF-3 file.
2. Washington State Office of Financial Management
3. Unless otherwise noted, 2010 and 2013 data in “Typical Housing Costs” table is from 5 year US Census American Community Survey estimate. Data from 2000 is from the 2000 Census SF-3 file.
4. Minimum income is based on a calculation of estimated monthly debt service payment, insurance, and taxes for the median value home using average mortgage terms for the specified year from the Federal Housing Finance Agency. Due to differences in average mortgage terms over the years, the degree of change in minimum income may not seem to match the degree of change in median home value.

One thought on “Housing Indicators Dashboard

  1. Thanks so much for the updates, particularly those for housing costs in Edmonds. Look forward to changing data as it becomes available!

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