The typical owner-occupied home in Clallam Bay is worth about $233,000, 59% below the Washington median of $564,600 and 30% below the national median of $332,700. Owners pay a median $2,076 a year in property taxes, about 0.89% of their home's value, higher than the Washington rate of 0.81%. The median household earns $48,260 a year, so the median home costs 4.8 times the median income (5.8 times for Washington). 43% of occupied homes here are lived in by their owners, and 7% of those owners still have a mortgage.
Clallam Bay at a glance
| Clallam Bay | Washington | U.S. | |
|---|---|---|---|
| Median home value | $233,000 | $564,600 | $332,700 |
| Median property tax paid per year | $2,076 | $4,556 | $3,119 |
| Property tax as a share of value | 0.89% | 0.81% | 0.94% |
| Median household income | $48,260 | $98,141 | $80,734 |
| Homes lived in by their owners | 43% | 64% | 65% |
| Owner homes with a mortgage | 7% | 66% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,445 | $1,963 |
| Median rent | $852 | $1,760 | $1,413 |
| Rent as a share of renters' income | 27.1% | 30.0% | 30.6% |
| Median year homes were built | 1980 | 1985 | 1980 |
| Vacant homes | 12.9% | 7.3% | 10.1% |
| Population | 602 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Clallam Bay
At this week's average 30-year rate of 7.11%, buying the median Clallam Bay home of $233,000 with 20% down costs about $1,524 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,912, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $65,306 for the 20%-down payment. That payment is 38% of the median Clallam Bay household income of $48,260; at that income and 20% down, the 28% guideline points to a home of about $172,000.
The median rent here is $852 a month, so owning the median home costs about $672 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $46,600 |
|---|---|
| Loan amount | $186,400 |
| Principal and interest | $1,254 |
| Property taxes (0.89% a year) | $173 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| PMI | $0 |
| Total per month | $1,524 |
Change the numbers in the calculator
| Down payment | $8,155 |
|---|---|
| Loan amount | $228,780 |
| Principal and interest | $1,539 |
| Property taxes (0.89% a year) | $173 |
| Homeowners insurance (our estimate, 0.5% a year) | $97 |
| FHA mortgage insurance | $103 |
| Total per month | $1,912 |
Change the numbers in the calculator
Questions about home buying in Clallam Bay
What is the median home value in Clallam Bay?
About $233,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Clallam Bay?
Homeowners pay a median $2,076 a year, which is about 0.89% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Clallam Bay?
For the median home with 20% down at 7.11%, the payment is about $1,524 a month. Keeping that under 28% of gross income takes about $65,306 a year.
More about Clallam Bay
- Mortgage Refinance in Clallam Bay
- Debt Relief in Clallam Bay
- Home Equity Loans in Clallam Bay
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data