Cost of Living in Island County, Washington

$1,631/mo
Median Monthly Rent
$535,300
Median Home Value
36% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,631/mo
36% above state average
Median Home Value
$535,300
90% above national
Rent-to-Income Ratio
31.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Island County Compares

Median monthly rent comparison

Island County$1,631/mo
Washington Average$1,202/mo
National Median$1,163/mo

Detailed Housing Stats

$1,631/mo
Median Gross Rent
$535,300
Median Home Value
$1,685/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Island County, Washington

Island County: premium for Puget Sound location

Island County renters spend 22.1% of income on housing, significantly higher than the national average of roughly 28–30% for renters but concentrated in smaller geographic area. With a median household income of $88,358 and $1,631 monthly rent, the county's island geography and Seattle proximity command substantial housing premiums.

Washington's most expensive rental market

Island County's rent-to-income ratio of 22.1% ranks among the least affordable in Washington, exceeding the state average of 18.8% by 3.3 percentage points. This island location near Seattle drives both strong incomes and premium housing costs.

Steepest rents in the examined region

Island County's $1,631 monthly rent dramatically exceeds all peer counties, including nearby Jefferson ($1,291), and its $535,300 median home value is the highest examined. Island geography and proximity to Puget Sound economic centers create scarcity-driven pricing.

Ownership and renting carry similar weight

Renters pay $1,631 monthly while homeowners face $1,685—remarkably aligned burdens that each consume 22% of household income. This suggests Island County's premium applies equally to both housing tenures, with limited escape for cost-conscious residents.

Island County demands strong household income

If island living and Puget Sound access are non-negotiable, Island County requires household income well above the $88,358 median to maintain affordability. Strong employment in tech, healthcare, and government sectors supports these premium prices; ensure your relocation job offer reflects the higher cost structure.

Affordability Calculator

See how your income compares to housing costs in Island County

$

Rent Burden

22.2%

of gross income

Max Housing (28% Rule)

$2,062

per month

Owner Cost Burden

22.9%

of gross income

The median home in Island County may be a stretch

Median home value is $535,300. Estimated monthly cost: $4,273 vs. your max of $2,062.

Rent Affordability Guide

Your rent-to-income ratio22.2%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Island County, Washington?
Island County, Washington has a median monthly rent of $1,631/mo and a median home value of $535,300. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Island County?
The median gross rent in Island County is $1,631/mo. This is 36% above state average for Washington.
Is Island County affordable?
Island County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Island County's rent compare to the state average?
Island County's median rent of $1,631/mo is 36% above state average of $1,202/mo for Washington.
What is the median home value in Island County?
The median home value in Island County, Washington is $535,300. This is 90% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.