Affordability evidence

Yakima, WA home values, income, and owner costs

A borrower-focused reading of the latest ACS value, income, and owner-cost evidence for Yakima, WA.

Source: U.S. Census Bureau

Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.

Aerial view of suburban homes among mature trees
Photo by Aakash Makwana via Pexels

Start with the dated local finding: In Yakima, WA, the 2024 ACS reports a median owner-occupied home value of $297,600, median household income of $62,815, and median selected monthly owner costs of $1,661 for owners with a mortgage. Together, those three reference points may help a borrower identify which search-price, income, and recurring-cost assumptions need current verification first. They remain separate medians, not the finances of one representative household, and the $1,661 measure combines recurring ownership expenses in place of real estate taxes alone. For borrower planning, a useful affordability review starts with $297,600, $62,815, and $1,661, then replaces them with the borrower's documented income, cash, debts, property taxes, insurance, association charges, loan terms, and intended occupancy.

Yakima, WA's $297,600 median home-value estimate is below the statewide $564,600 estimate, with a reported city-to-state gap of 47.3%. That 47.3% gap is useful for showing that a statewide midpoint may be a poor substitute for a local search range in Yakima, WA.