How Much House Can I Afford on a 250k Income in Washington?

With a 250k income, you're right on target for purchasing a home in Washington. Financial advisors recommend spending about 3 to 4 times your annual income on a home, which translates to a budget between $750,000 and $1,000,000.

In Seattle, the median home price is approximately $900,000, fitting neatly within your target range. This balance ensures a wide variety of quality homes are available to you.

Additionally, other cities like Spokane and Tacoma offer appealing options at around $500,000. With a property tax rate of 1.05%—amounting to roughly $9,450 per year—and a cost of living above the national average, your income comfortably supports homeownership across the state.