Martha Lake, WA

Very High · 176

Washington · Population 22,740 · Updated March 2026

$2,014
Median Rent / Month
$132,130
Median Income
$725,400
Median Home Value
$2,227
Owner Costs / Month

Affordability

How far your income goes in Martha Lake

18.3%
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

$24,168
Annual Rent
$0
State Income Tax
$6,674
Property Tax (est.)

Cost of Living Overview

Martha Lake has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 176 (where 100 equals the national median), Martha Lake residents can expect to pay median rent of $2,014/month while earning a median household income of $132,130/year.

The median home value in Martha Lake, WA is $725,400, with typical monthly owner costs around $2,227 including mortgage, insurance, and taxes. The median rent-to-income ratio of 18.3% 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 Martha Lake.

Frequently Asked Questions

Common questions about living costs in Martha Lake

What is the cost of living in Martha Lake, WA?
The cost of living index in Martha Lake, WA is 176 (US average = 100). Median monthly rent is $2,014, median household income is $132,130/year, and the median home value is $725,400.
Is Martha Lake, WA affordable?
No, Martha Lake is more expensive than the national average with a cost index of 176. The rent-to-income ratio is 18.3%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Martha Lake, WA?
The median gross rent in Martha Lake, WA is $2,014 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $24,168.
What is the median household income in Martha Lake?
The median household income in Martha Lake, WA is $132,130 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.