The typical owner-occupied home in Coulee Dam is worth about $238,500, 58% below the Washington median of $564,600 and 28% below the national median of $332,700. Owners pay a median $1,778 a year in property taxes, about 0.75% of their home's value, lower than the Washington rate of 0.81%. The median household earns $66,732 a year, so the median home costs 3.6 times the median income (5.8 times for Washington). 68% of occupied homes here are lived in by their owners, and 73% of those owners still have a mortgage.
Coulee Dam at a glance
| Coulee Dam | Washington | U.S. | |
|---|---|---|---|
| Median home value | $238,500 | $564,600 | $332,700 |
| Median property tax paid per year | $1,778 | $4,556 | $3,119 |
| Property tax as a share of value | 0.75% | 0.81% | 0.94% |
| Median household income | $66,732 | $98,141 | $80,734 |
| Homes lived in by their owners | 68% | 64% | 65% |
| Owner homes with a mortgage | 73% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $1,414 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 16.1% | 22.2% | 21.0% |
| Median rent | $1,033 | $1,760 | $1,413 |
| Rent as a share of renters' income | 22.8% | 30.0% | 30.6% |
| Median year homes were built | 1953 | 1985 | 1980 |
| Vacant homes | 9.1% | 7.3% | 10.1% |
| Population | 1,595 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Coulee Dam
At this week's average 30-year rate of 7.11%, buying the median Coulee Dam home of $238,500 with 20% down costs about $1,532 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,929, 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 $65,655 for the 20%-down payment. That payment is 28% of the median Coulee Dam household income of $66,732; at that income and 20% down, the 28% guideline points to a home of about $242,000.
The median rent here is $1,033 a month, so owning the median home costs about $499 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $47,700 |
|---|---|
| Loan amount | $190,800 |
| Principal and interest | $1,284 |
| Property taxes (0.75% a year) | $149 |
| Homeowners insurance (our estimate, 0.5% a year) | $99 |
| PMI | $0 |
| Total per month | $1,532 |
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| Down payment | $8,348 |
|---|---|
| Loan amount | $234,180 |
| Principal and interest | $1,575 |
| Property taxes (0.75% a year) | $149 |
| Homeowners insurance (our estimate, 0.5% a year) | $99 |
| FHA mortgage insurance | $105 |
| Total per month | $1,929 |
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Questions about home buying in Coulee Dam
What is the median home value in Coulee Dam?
About $238,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Coulee Dam?
Homeowners pay a median $1,778 a year, which is about 0.75% 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 Coulee Dam?
For the median home with 20% down at 7.11%, the payment is about $1,532 a month. Keeping that under 28% of gross income takes about $65,655 a year.
More about Coulee Dam
- Mortgage Refinance in Coulee Dam
- Debt Relief in Coulee Dam
- Home Equity Loans in Coulee Dam
- 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