Quick facts: Maple valley, WA

Quick Facts

115.3
Cost of Living
above US average
28,220
Population
18.71
Crime Rate per 1000
below US average
$137,595
Median Income
above US average
$699,950
Median House Price
above US average
$3345.0
Average Rent
above US average
Poverty rate Data is updating, will be available soon
4.7%
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 $137,595.

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Income Needed to Buy

βœ— Stretch
$220k/year
Based on $699,950 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $220k vs median $137,595
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Income Needed to Rent

⚠ Stretch
$143k/year
Based on $3345.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $143k vs median $137,595
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Maple valley, WA

Maple Valley is a charming city located in King County, Washington, known for its picturesque landscapes and community-oriented atmosphere. Nestled in the foothills of the Cascade Mountains, this suburban area offers a perfect blend of outdoor recreation and residential comfort. With a population of around 25,000, Maple Valley is characterized by its family-friendly environment, excellent schools, and diverse neighborhoods. The city is famous for its vast parks and trails, including the scenic Lake Wilderness Park, which features a lake, walking trails, and picnic areas. Outdoor enthusiasts enjoy activities such as hiking, fishing, and cycling, with ample opportunities to connect with nature. Maple Valley hosts various community events throughout the year, fostering a strong sense of belonging among residents. The local economy is supported by a mix of small businesses and larger retailers, providing a range of shopping and dining options. Proximity to larger cities like Seattle and Tacoma adds to its appeal, allowing residents to enjoy a tranquil lifestyle while still being connected to urban amenities. Overall, Maple Valley is a desirable place to live for those seeking a peaceful yet vibrant community.

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