The typical owner-occupied home in Kirkland is worth about $1,115,400, 98% above the Washington median of $564,600 and 3.4 times the national median of $332,700. Owners pay a median $8,001 a year in property taxes, about 0.72% of their home's value, lower than the Washington rate of 0.81%. The median household earns $150,414 a year, so the median home costs 7.4 times the median income (5.8 times for Washington). 61% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Kirkland at a glance
| Kirkland | Washington | U.S. | |
|---|---|---|---|
| Median home value | $1,115,400 | $564,600 | $332,700 |
| Median property tax paid per year | $8,001 | $4,556 | $3,119 |
| Property tax as a share of value | 0.72% | 0.81% | 0.94% |
| Median household income | $150,414 | $98,141 | $80,734 |
| Homes lived in by their owners | 61% | 64% | 65% |
| Owner homes with a mortgage | 69% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $3,632 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 21.2% | 22.2% | 21.0% |
| Median rent | $2,401 | $1,760 | $1,413 |
| Rent as a share of renters' income | 26.9% | 30.0% | 30.6% |
| Median year homes were built | 1984 | 1985 | 1980 |
| Vacant homes | 5.7% | 7.3% | 10.1% |
| Population | 92,621 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Kirkland
At this week's average 30-year rate of 7.11%, buying the median Kirkland home of $1,115,400 with 20% down costs about $7,137 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $9,174, 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 $305,858 for the 20%-down payment. That payment is 57% of the median Kirkland household income of $150,414; at that income and 20% down, the 28% guideline points to a home of about $549,000.
The median rent here is $2,401 a month, so owning the median home costs about $4,736 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $223,080 |
|---|---|
| Loan amount | $892,320 |
| Principal and interest | $6,003 |
| Property taxes (0.72% a year) | $669 |
| Homeowners insurance (our estimate, 0.5% a year) | $465 |
| PMI | $0 |
| Total per month | $7,137 |
Change the numbers in the calculator
| Down payment | $39,039 |
|---|---|
| Loan amount | $1,095,197 |
| Principal and interest | $7,367 |
| Property taxes (0.72% a year) | $669 |
| Homeowners insurance (our estimate, 0.5% a year) | $465 |
| FHA mortgage insurance | $673 |
| Total per month | $9,174 |
Change the numbers in the calculator
Questions about home buying in Kirkland
What is the median home value in Kirkland?
About $1,115,400 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kirkland?
Homeowners pay a median $8,001 a year, which is about 0.72% 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 Kirkland?
For the median home with 20% down at 7.11%, the payment is about $7,137 a month. Keeping that under 28% of gross income takes about $305,858 a year.
More about Kirkland
- Mortgage Refinance in Kirkland
- Debt Relief in Kirkland
- Home Equity Loans in Kirkland
- 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