Five Corners, WA

Very High · 136

Washington · Population 21,444 · Updated March 2026

$1,948
Median Rent / Month
$102,423
Median Income
$432,800
Median Home Value
$1,860
Owner Costs / Month

Affordability

How far your income goes in Five Corners

22.8%
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

$23,376
Annual Rent
$0
State Income Tax
$3,982
Property Tax (est.)

Cost of Living Overview

Five Corners has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 136 (where 100 equals the national median), Five Corners residents can expect to pay median rent of $1,948/month while earning a median household income of $102,423/year.

The median home value in Five Corners, WA is $432,800, with typical monthly owner costs around $1,860 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.8% 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 Five Corners.

Frequently Asked Questions

Common questions about living costs in Five Corners

What is the cost of living in Five Corners, WA?
The cost of living index in Five Corners, WA is 136 (US average = 100). Median monthly rent is $1,948, median household income is $102,423/year, and the median home value is $432,800.
Is Five Corners, WA affordable?
No, Five Corners is more expensive than the national average with a cost index of 136. The rent-to-income ratio is 22.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Five Corners, WA?
The median gross rent in Five Corners, WA is $1,948 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $23,376.
What is the median household income in Five Corners?
The median household income in Five Corners, WA is $102,423 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.