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Buying a home in Satsop, Washington

The typical owner-occupied home in Satsop is worth about $350,000, 38% below the Washington median of $564,600 and 5% above the national median of $332,700. Owners pay a median $2,250 a year in property taxes, about 0.64% of their home's value, lower than the Washington rate of 0.81%. The median household earns $62,241 a year, so the median home costs 5.6 times the median income (5.8 times for Washington). 84% of occupied homes here are lived in by their owners, and 46% of those owners still have a mortgage.

Satsop at a glance

Satsop Washington U.S.
Median home value $350,000 $564,600 $332,700
Median property tax paid per year $2,250 $4,556 $3,119
Property tax as a share of value 0.64% 0.81% 0.94%
Median household income $62,241 $98,141 $80,734
Homes lived in by their owners 84% 64% 65%
Owner homes with a mortgage 46% 66% 61%
Median monthly costs, owners with a mortgage $1,457 $2,445 $1,963
Those costs as a share of the owners' income 21.0% 22.2% 21.0%
Median rent $3,501 $1,760 $1,413
Rent as a share of renters' income 51.0% 30.0% 30.6%
Median year homes were built 1974 1985 1980
Vacant homes 1.4% 7.3% 10.1%
Population 780 7,816,116 334,922,499

What a typical home costs per month in Satsop

At this week's average 30-year rate of 7.11%, buying the median Satsop home of $350,000 with 20% down costs about $2,216 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,799, 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 $94,975 for the 20%-down payment. That payment is 43% of the median Satsop household income of $62,241; at that income and 20% down, the 28% guideline points to a home of about $229,000.

The median rent here is $3,501 a month, a little more than the monthly cost of owning the median home with 20% down.

20% down, 30-year conventional loan
Down payment$70,000
Loan amount$280,000
Principal and interest$1,884
Property taxes (0.64% a year)$187
Homeowners insurance (our estimate, 0.5% a year)$146
PMI$0
Total per month$2,216

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3.5% down, 30-year FHA loan
Down payment$12,250
Loan amount$343,661
Principal and interest$2,312
Property taxes (0.64% a year)$187
Homeowners insurance (our estimate, 0.5% a year)$146
FHA mortgage insurance$155
Total per month$2,799

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Questions about home buying in Satsop

What is the median home value in Satsop?

About $350,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.

How much are property taxes in Satsop?

Homeowners pay a median $2,250 a year, which is about 0.64% 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 Satsop?

For the median home with 20% down at 7.11%, the payment is about $2,216 a month. Keeping that under 28% of gross income takes about $94,975 a year.

More about Satsop

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