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Cost of Living in Silver Firs, WA

Population 22,306 · Census ACS 2020–2024 5-year estimates

Median rent$2,881
Median home value$859,900
Median household income$163,418

The median rent in Silver Firs, WA is $2,881/month, 64% higher than the Washington median and 104% higher than the U.S. median. The median home value is $859,900, 158% higher than the national median. Households earn a median of $163,418 a year, 67% higher than the state median.

Affordability

Rent as a share of median income: 21.2%
Income needed for median rent (30% rule): $115,240/yr
Home price-to-income ratio: 5.3×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $4,348/mo

Run your own numbers: mortgage calculator · hourly to salary

Silver Firs vs. Washington vs. U.S.

Silver FirsWashingtonU.S.
Median rent$2,881$1,760$1,413
Median home value$859,900$564,600$332,700
Median household income$163,418$98,141$80,734
Homeownership rate89.1%63.8%65.2%
Bachelor's degree or higher51.9%39.6%35.7%
Poverty rate5.9%9.9%12.5%
Unemployment rate3.0%5.1%5.2%
Work from home26.5%19.8%15.1%
Median age38.538.338.9

FAQ

What is the average rent in Silver Firs, WA?

The median gross rent in Silver Firs, WA is $2,881 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in Silver Firs, WA?

Using the common 30% rule, renting a median-priced home takes about $115,240 a year in gross income.

Is Silver Firs, WA expensive to live in?

Rent there is 104% higher than the U.S. median, and the median home costs about 5.3 times the median household income.

Other cities in Washington

Seattle, WARent $2,030 · Income $123,860Spokane, WARent $1,215 · Income $70,064Tacoma, WARent $1,676 · Income $85,884Vancouver, WARent $1,702 · Income $81,338Bellevue, WARent $2,572 · Income $165,576Kent, WARent $1,909 · Income $92,302

Cities with a similar cost of living

Encinitas, CARent $2,886 · Income $162,229West Hempstead, NYRent $2,967 · Income $164,127Stevenson Ranch, CARent $2,841 · Income $158,434Yorba Linda, CARent $2,846 · Income $157,582Redwood City, CARent $2,968 · Income $157,814Newark, CARent $2,776 · Income $169,064

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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