The typical owner-occupied home in Kalama is worth about $471,500, 16% below the Washington median of $564,600 and 42% above the national median of $332,700. Owners pay a median $3,083 a year in property taxes, about 0.65% of their home's value, lower than the Washington rate of 0.81%. The median household earns $102,026 a year, so the median home costs 4.6 times the median income (5.8 times for Washington). 65% of occupied homes here are lived in by their owners, and 57% of those owners still have a mortgage.
Kalama at a glance
| Kalama | Washington | U.S. | |
|---|---|---|---|
| Median home value | $471,500 | $564,600 | $332,700 |
| Median property tax paid per year | $3,083 | $4,556 | $3,119 |
| Property tax as a share of value | 0.65% | 0.81% | 0.94% |
| Median household income | $102,026 | $98,141 | $80,734 |
| Homes lived in by their owners | 65% | 64% | 65% |
| Owner homes with a mortgage | 57% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,317 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 27.5% | 22.2% | 21.0% |
| Median rent | – | $1,760 | $1,413 |
| Rent as a share of renters' income | 23.2% | 30.0% | 30.6% |
| Median year homes were built | 2002 | 1985 | 1980 |
| Vacant homes | 1.9% | 7.3% | 10.1% |
| Population | 3,050 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Kalama
At this week's average 30-year rate of 7.11%, buying the median Kalama home of $471,500 with 20% down costs about $2,989 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,775, 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 $128,113 for the 20%-down payment. That payment is 35% of the median Kalama household income of $102,026; at that income and 20% down, the 28% guideline points to a home of about $375,000.
| Down payment | $94,300 |
|---|---|
| Loan amount | $377,200 |
| Principal and interest | $2,537 |
| Property taxes (0.65% a year) | $255 |
| Homeowners insurance (our estimate, 0.5% a year) | $196 |
| PMI | $0 |
| Total per month | $2,989 |
Change the numbers in the calculator
| Down payment | $16,502 |
|---|---|
| Loan amount | $462,960 |
| Principal and interest | $3,114 |
| Property taxes (0.65% a year) | $255 |
| Homeowners insurance (our estimate, 0.5% a year) | $196 |
| FHA mortgage insurance | $209 |
| Total per month | $3,775 |
Change the numbers in the calculator
Questions about home buying in Kalama
What is the median home value in Kalama?
About $471,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kalama?
Homeowners pay a median $3,083 a year, which is about 0.65% 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 Kalama?
For the median home with 20% down at 7.11%, the payment is about $2,989 a month. Keeping that under 28% of gross income takes about $128,113 a year.
More about Kalama
- Mortgage Refinance in Kalama
- Debt Relief in Kalama
- Home Equity Loans in Kalama
- 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