Income needed to buy a home
Spokane County, WA
$140,414
a year in household income to buy the typical Spokane County home with 10% down.
The monthly math
Typical home value$422,402
Down payment (10%)$42,240
Loan$380,162
Principal and interest (7.40%)$2,632/mo
Property tax (0.78% a year)$275/mo
Homeowners insurance (estimate)$211/mo
Mortgage insurance$158/mo
Total monthly cost$3,276/mo
Income needed keeps housing at 28% of gross income, the lender rule of thumb.
What locals earn
Far off
The typical household here earns $78,582 a year, 56% of what it takes.
In Washington
Spokane County ranks #19 of 39 for the income a home takes, from least to most.
Easiest to afford in Washington
| County | Typical home | Income needed |
|---|---|---|
| Garfield County | $248,270 | $84,099 |
| Columbia County | $272,028 | $90,009 |
| Ferry County | $284,503 | $92,399 |
| Adams County | $307,472 | $101,561 |
| Okanogan County | $313,136 | $102,538 |
Typical home value from the Zillow Home Value Index, August 2026. Rate is the Freddie Mac 30-year average for Oct 8, 2026. Property tax rate is total taxes paid divided by total home value in the county (U.S. Census, ACS 2020-2024). How it works.