Oak Harbor, WA

Above Avg · 122

Washington · Population 24,396 · Updated March 2026

$1,629
Median Rent / Month
$72,041
Median Income
$421,700
Median Home Value
$1,655
Owner Costs / Month

Affordability

How far your income goes in Oak Harbor

27.1%
Rent-to-Income Ratio
Moderate
Rent takes 25-35% of median income — moderate affordability.

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

$19,548
Annual Rent
$0
State Income Tax
$3,880
Property Tax (est.)

Cost of Living Overview

Oak Harbor has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 122 (where 100 equals the national median), Oak Harbor residents can expect to pay median rent of $1,629/month while earning a median household income of $72,041/year.

The median home value in Oak Harbor, WA is $421,700, with typical monthly owner costs around $1,655 including mortgage, insurance, and taxes. With a rent-to-income ratio of 27.1%, Oak Harbor falls within the generally affordable range, though it's approaching the 30% burden threshold.

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 Oak Harbor.

Frequently Asked Questions

Common questions about living costs in Oak Harbor

What is the cost of living in Oak Harbor, WA?
The cost of living index in Oak Harbor, WA is 122 (US average = 100). Median monthly rent is $1,629, median household income is $72,041/year, and the median home value is $421,700.
Is Oak Harbor, WA affordable?
No, Oak Harbor is more expensive than the national average with a cost index of 122. The rent-to-income ratio is 27.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Oak Harbor, WA?
The median gross rent in Oak Harbor, WA is $1,629 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,548.
What is the median household income in Oak Harbor?
The median household income in Oak Harbor, WA is $72,041 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.