Quick facts: Yakima, WA

Quick Facts

95.3
Cost of Living
below US average
97,012
Population
37.26
Crime Rate per 1000
above US average
$55,734
Median Income
below US average
$439,000
Median House Price
above US average
$2295.0
Average Rent
above US average
16%
Poverty Rate
above 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 $55,734.

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Income Needed to Buy

βœ— Stretch
$138k/year
Based on $439,000 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $138k vs median $55,734
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Income Needed to Rent

⚠ Stretch
$98k/year
Based on $2295.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $98k vs median $55,734
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Yakima, WA

Yakima, Washington, located in the south-central part of the state, is known for its rich agricultural industry and vibrant cultural scene. The city is situated in the Yakima Valley, surrounded by stunning mountain ranges, making it an ideal spot for outdoor enthusiasts. It has a population of around 93,000 residents and serves as a hub for agriculture, especially hops and fruit production, owing to its favorable climate. Yakima also boasts a diverse cultural landscape, with events like the Yakima Valley Fair & Rodeo and local farmers' markets showcasing the region’s bounty. The city has several parks and recreational areas, including the scenic Yakima River, where visitors can enjoy kayaking, fishing, and hiking. The downtown area features a mix of historic buildings, shops, and restaurants, reflecting local culture and providing a charming atmosphere. Yakima is also known for its wine production, being in the heart of Washington’s wine country, with numerous vineyards and wineries nearby. Overall, Yakima offers a blend of agricultural heritage, outdoor activities, and community spirit, making it a unique destination in Washington State.

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