The typical owner-occupied home in Pe Ell is worth about $321,800, 43% below the Washington median of $564,600 and 3% below the national median of $332,700. Owners pay a median $1,731 a year in property taxes, about 0.54% of their home's value, lower than the Washington rate of 0.81%. The median household earns $62,679 a year, so the median home costs 5.1 times the median income (5.8 times for Washington). 86% of occupied homes here are lived in by their owners, and 59% of those owners still have a mortgage.
Pe Ell at a glance
| Pe Ell | Washington | U.S. | |
|---|---|---|---|
| Median home value | $321,800 | $564,600 | $332,700 |
| Median property tax paid per year | $1,731 | $4,556 | $3,119 |
| Property tax as a share of value | 0.54% | 0.81% | 0.94% |
| Median household income | $62,679 | $98,141 | $80,734 |
| Homes lived in by their owners | 86% | 64% | 65% |
| Owner homes with a mortgage | 59% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $1,583 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 22.9% | 22.2% | 21.0% |
| Median rent | – | $1,760 | $1,413 |
| Rent as a share of renters' income | 16.4% | 30.0% | 30.6% |
| Median year homes were built | 1973 | 1985 | 1980 |
| Vacant homes | 14.7% | 7.3% | 10.1% |
| Population | 538 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Pe Ell
At this week's average 30-year rate of 7.11%, buying the median Pe Ell home of $321,800 with 20% down costs about $2,011 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,547, 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 $86,173 for the 20%-down payment. That payment is 38% of the median Pe Ell household income of $62,679; at that income and 20% down, the 28% guideline points to a home of about $234,000.
| Down payment | $64,360 |
|---|---|
| Loan amount | $257,440 |
| Principal and interest | $1,732 |
| Property taxes (0.54% a year) | $145 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| PMI | $0 |
| Total per month | $2,011 |
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| Down payment | $11,263 |
|---|---|
| Loan amount | $315,971 |
| Principal and interest | $2,126 |
| Property taxes (0.54% a year) | $145 |
| Homeowners insurance (our estimate, 0.5% a year) | $134 |
| FHA mortgage insurance | $142 |
| Total per month | $2,547 |
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Questions about home buying in Pe Ell
What is the median home value in Pe Ell?
About $321,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Pe Ell?
Homeowners pay a median $1,731 a year, which is about 0.54% 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 Pe Ell?
For the median home with 20% down at 7.11%, the payment is about $2,011 a month. Keeping that under 28% of gross income takes about $86,173 a year.
More about Pe Ell
- Mortgage Refinance in Pe Ell
- Debt Relief in Pe Ell
- Home Equity Loans in Pe Ell
- 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