Lake Morton-Berrydale, WA

Very High · 162

Washington · Population 10,591 · Updated March 2026

$1,807
Median Rent / Month
$127,074
Median Income
$661,400
Median Home Value
$2,172
Owner Costs / Month

Affordability

How far your income goes in Lake Morton-Berrydale

17.1%
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

$21,684
Annual Rent
$0
State Income Tax
$6,085
Property Tax (est.)

Cost of Living Overview

Lake Morton-Berrydale has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 162 (where 100 equals the national median), Lake Morton-Berrydale residents can expect to pay median rent of $1,807/month while earning a median household income of $127,074/year.

The median home value in Lake Morton-Berrydale, WA is $661,400, with typical monthly owner costs around $2,172 including mortgage, insurance, and taxes. The median rent-to-income ratio of 17.1% 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 Lake Morton-Berrydale.

Frequently Asked Questions

Common questions about living costs in Lake Morton-Berrydale

What is the cost of living in Lake Morton-Berrydale, WA?
The cost of living index in Lake Morton-Berrydale, WA is 162 (US average = 100). Median monthly rent is $1,807, median household income is $127,074/year, and the median home value is $661,400.
Is Lake Morton-Berrydale, WA affordable?
No, Lake Morton-Berrydale is more expensive than the national average with a cost index of 162. The rent-to-income ratio is 17.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Lake Morton-Berrydale, WA?
The median gross rent in Lake Morton-Berrydale, WA is $1,807 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,684.
What is the median household income in Lake Morton-Berrydale?
The median household income in Lake Morton-Berrydale, WA is $127,074 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.