Grandview, WA

Very Low · 74

Washington · Population 11,042 · Updated March 2026

$1,058
Median Rent / Month
$59,875
Median Income
$232,500
Median Home Value
$1,052
Owner Costs / Month

Affordability

How far your income goes in Grandview

21.2%
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

$12,696
Annual Rent
$0
State Income Tax
$2,139
Property Tax (est.)

Cost of Living Overview

Grandview is significantly cheaper than the national average, making it an attractive option for budget-conscious individuals and families. With a cost index of 74 (where 100 equals the national median), Grandview residents can expect to pay median rent of $1,058/month while earning a median household income of $59,875/year.

The median home value in Grandview, WA is $232,500, with typical monthly owner costs around $1,052 including mortgage, insurance, and taxes. The median rent-to-income ratio of 21.2% 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 Grandview.

Frequently Asked Questions

Common questions about living costs in Grandview

What is the cost of living in Grandview, WA?
The cost of living index in Grandview, WA is 74 (US average = 100). Median monthly rent is $1,058, median household income is $59,875/year, and the median home value is $232,500.
Is Grandview, WA affordable?
Yes, Grandview is more affordable than the national average with a cost index of 74. The rent-to-income ratio is 21.2%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Grandview, WA?
The median gross rent in Grandview, WA is $1,058 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $12,696.
What is the median household income in Grandview?
The median household income in Grandview, WA is $59,875 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.