The typical owner-occupied home in Royal City is worth about $228,600, 60% below the Washington median of $564,600 and 31% below the national median of $332,700. The median household earns $50,478 a year, so the median home costs 4.5 times the median income (5.8 times for Washington). 57% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Royal City at a glance
| Royal City | Washington | U.S. | |
|---|---|---|---|
| Median home value | $228,600 | $564,600 | $332,700 |
| Median property tax paid per year | – | $4,556 | $3,119 |
| Median household income | $50,478 | $98,141 | $80,734 |
| Homes lived in by their owners | 57% | 64% | 65% |
| Owner homes with a mortgage | 59% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,091 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 21.8% | 22.2% | 21.0% |
| Median rent | $753 | $1,760 | $1,413 |
| Rent as a share of renters' income | 24.8% | 30.0% | 30.6% |
| Median year homes were built | 1987 | 1985 | 1980 |
| Vacant homes | 5.9% | 7.3% | 10.1% |
| Population | 1,683 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Royal City
At this week's average 30-year rate of 7.11%, buying the median Royal City home of $228,600 with 20% down costs about $1,535 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,916, 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 $65,788 for the 20%-down payment. That payment is 36% of the median Royal City household income of $50,478; at that income and 20% down, the 28% guideline points to a home of about $175,000.
The median rent here is $753 a month, so owning the median home costs about $782 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $45,720 |
|---|---|
| Loan amount | $182,880 |
| Principal and interest | $1,230 |
| Property taxes (1.10% a year) | $210 |
| Homeowners insurance (our estimate, 0.5% a year) | $95 |
| PMI | $0 |
| Total per month | $1,535 |
Change the numbers in the calculator
| Down payment | $8,001 |
|---|---|
| Loan amount | $224,459 |
| Principal and interest | $1,510 |
| Property taxes (1.10% a year) | $210 |
| Homeowners insurance (our estimate, 0.5% a year) | $95 |
| FHA mortgage insurance | $101 |
| Total per month | $1,916 |
Change the numbers in the calculator
Questions about home buying in Royal City
What is the median home value in Royal City?
About $228,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Royal City?
For the median home with 20% down at 7.11%, the payment is about $1,535 a month. Keeping that under 28% of gross income takes about $65,788 a year.
More about Royal City
- Mortgage Refinance in Royal City
- Debt Relief in Royal City
- Home Equity Loans in Royal City
- 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