Everett, WA

Very High · 137

Washington · Population 111,083 · Updated March 2026

$1,675
Median Rent / Month
$81,502
Median Income
$532,300
Median Home Value
$1,738
Owner Costs / Month

Affordability

How far your income goes in Everett

24.7%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Washington

State-level tax rates that affect your costs

0%
Income Tax (Top Rate)
6.5%
Sales Tax
0.92%
Property Tax Rate

Estimated Annual Costs

$20,100
Annual Rent
$0
State Income Tax
$4,897
Property Tax (est.)

Cost of Living Overview

Everett has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 137 (where 100 equals the national median), Everett residents can expect to pay median rent of $1,675/month while earning a median household income of $81,502/year.

The median home value in Everett, WA is $532,300, with typical monthly owner costs around $1,738 including mortgage, insurance, and taxes. The median rent-to-income ratio of 24.7% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Washington has no state income tax, which can represent significant savings compared to high-tax states. Combined with a 6.5% sales tax rate and 0.92% effective property tax rate, the overall tax environment helps keep costs manageable in Everett.

Frequently Asked Questions

Common questions about living costs in Everett

What is the cost of living in Everett, WA?
The cost of living index in Everett, WA is 137 (US average = 100). Median monthly rent is $1,675, median household income is $81,502/year, and the median home value is $532,300.
Is Everett, WA affordable?
No, Everett is more expensive than the national average with a cost index of 137. The rent-to-income ratio is 24.7%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Everett, WA?
The median gross rent in Everett, WA is $1,675 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,100.
What is the median household income in Everett?
The median household income in Everett, WA is $81,502 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Washington?
Washington has a top income tax rate of 0%, a sales tax of 6.5%, and an effective property tax rate of 0.92%. Notably, there is no state income tax.

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