Vashon, WA

Very High · 157

Washington · Population 10,424 · Updated March 2026

$1,444
Median Rent / Month
$115,750
Median Income
$717,700
Median Home Value
$2,077
Owner Costs / Month

Affordability

How far your income goes in Vashon

15.0%
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

$17,328
Annual Rent
$0
State Income Tax
$6,603
Property Tax (est.)

Cost of Living Overview

Vashon has a significantly higher cost of living than most US cities, driven largely by premium housing costs. With a cost index of 157 (where 100 equals the national median), Vashon residents can expect to pay median rent of $1,444/month while earning a median household income of $115,750/year.

The median home value in Vashon, WA is $717,700, with typical monthly owner costs around $2,077 including mortgage, insurance, and taxes. The median rent-to-income ratio of 15.0% 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 Vashon.

Frequently Asked Questions

Common questions about living costs in Vashon

What is the cost of living in Vashon, WA?
The cost of living index in Vashon, WA is 157 (US average = 100). Median monthly rent is $1,444, median household income is $115,750/year, and the median home value is $717,700.
Is Vashon, WA affordable?
No, Vashon is more expensive than the national average with a cost index of 157. The rent-to-income ratio is 15.0%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Vashon, WA?
The median gross rent in Vashon, WA is $1,444 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $17,328.
What is the median household income in Vashon?
The median household income in Vashon, WA is $115,750 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.