Poulsbo, WA

Very High · 147

Washington · Population 11,962 · Updated March 2026

$1,767
Median Rent / Month
$95,774
Median Income
$574,900
Median Home Value
$1,923
Owner Costs / Month

Affordability

How far your income goes in Poulsbo

22.1%
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

$21,204
Annual Rent
$0
State Income Tax
$5,289
Property Tax (est.)

Cost of Living Overview

Poulsbo has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 147 (where 100 equals the national median), Poulsbo residents can expect to pay median rent of $1,767/month while earning a median household income of $95,774/year.

The median home value in Poulsbo, WA is $574,900, with typical monthly owner costs around $1,923 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.1% 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 Poulsbo.

Frequently Asked Questions

Common questions about living costs in Poulsbo

What is the cost of living in Poulsbo, WA?
The cost of living index in Poulsbo, WA is 147 (US average = 100). Median monthly rent is $1,767, median household income is $95,774/year, and the median home value is $574,900.
Is Poulsbo, WA affordable?
No, Poulsbo is more expensive than the national average with a cost index of 147. The rent-to-income ratio is 22.1%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Poulsbo, WA?
The median gross rent in Poulsbo, WA is $1,767 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $21,204.
What is the median household income in Poulsbo?
The median household income in Poulsbo, WA is $95,774 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.