Quick facts: Des moines, WA

Quick Facts

115.3
Cost of Living
above US average
32,408
Population
38.11
Crime Rate per 1000
above US average
$81,362
Median Income
above US average
$495,000
Median House Price
above US average
$2432.95
Average Rent
above US average
7%
Poverty Rate
below US average
5.4%
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 $81,362.

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Income Needed to Buy

βœ— Stretch
$155k/year
Based on $495,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $155k vs median $81,362
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Income Needed to Rent

⚠ Stretch
$104k/year
Based on $2432.95/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $104k vs median $81,362
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Des moines, WA

Des Moines, Washington, is a picturesque waterfront city located in King County, nestled along the eastern shore of Puget Sound. Known for its stunning views of the water and the nearby Olympic Mountains, Des Moines offers a small-town feel with access to urban amenities. The city has a rich history, with its origins tracing back to the late 1800s, and has since developed into a vibrant community. The Des Moines Marina is a major attraction, providing opportunities for boating, fishing, and enjoying scenic walks along the waterfront. Locals and visitors alike appreciate the array of parks, such as Saltwater State Park, which offers hiking trails and beach access. The city also boasts a diverse population and a variety of dining options, with local restaurants serving everything from seafood to international cuisine. Des Moines has a strong sense of community, hosting events like the Waterfront Farmers Market and summer concerts. Proximity to Seattle and Tacoma ensures that residents are never far from larger urban experiences, while still enjoying the tranquility of their suburban environment. With its blend of outdoor recreation and community spirit, Des Moines is a charming place to live and visit.

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