The typical owner-occupied home in Silverdale is worth about $555,300, about the same as the Washington median of $564,600 and 67% above the national median of $332,700. Owners pay a median $4,278 a year in property taxes, about 0.77% of their home's value, close to the Washington rate of 0.81%. The median household earns $105,483 a year, so the median home costs 5.3 times the median income (5.8 times for Washington). 52% of occupied homes here are lived in by their owners, and 69% of those owners still have a mortgage.
Silverdale at a glance
| Silverdale | Washington | U.S. | |
|---|---|---|---|
| Median home value | $555,300 | $564,600 | $332,700 |
| Median property tax paid per year | $4,278 | $4,556 | $3,119 |
| Property tax as a share of value | 0.77% | 0.81% | 0.94% |
| Median household income | $105,483 | $98,141 | $80,734 |
| Homes lived in by their owners | 52% | 64% | 65% |
| Owner homes with a mortgage | 69% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,314 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 20.9% | 22.2% | 21.0% |
| Median rent | $2,143 | $1,760 | $1,413 |
| Rent as a share of renters' income | 33.1% | 30.0% | 30.6% |
| Median year homes were built | 1992 | 1985 | 1980 |
| Vacant homes | 7.3% | 7.3% | 10.1% |
| Population | 20,685 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Silverdale
At this week's average 30-year rate of 7.11%, buying the median Silverdale home of $555,300 with 20% down costs about $3,576 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,501, 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 $153,262 for the 20%-down payment. That payment is 41% of the median Silverdale household income of $105,483; at that income and 20% down, the 28% guideline points to a home of about $382,000.
The median rent here is $2,143 a month, so owning the median home costs about $1,433 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $111,060 |
|---|---|
| Loan amount | $444,240 |
| Principal and interest | $2,988 |
| Property taxes (0.77% a year) | $356 |
| Homeowners insurance (our estimate, 0.5% a year) | $231 |
| PMI | $0 |
| Total per month | $3,576 |
Change the numbers in the calculator
| Down payment | $19,436 |
|---|---|
| Loan amount | $545,242 |
| Principal and interest | $3,668 |
| Property taxes (0.77% a year) | $356 |
| Homeowners insurance (our estimate, 0.5% a year) | $231 |
| FHA mortgage insurance | $246 |
| Total per month | $4,501 |
Change the numbers in the calculator
Questions about home buying in Silverdale
What is the median home value in Silverdale?
About $555,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Silverdale?
Homeowners pay a median $4,278 a year, which is about 0.77% 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 Silverdale?
For the median home with 20% down at 7.11%, the payment is about $3,576 a month. Keeping that under 28% of gross income takes about $153,262 a year.
More about Silverdale
- Mortgage Refinance in Silverdale
- Debt Relief in Silverdale
- Home Equity Loans in Silverdale
- 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