The typical owner-occupied home in Methow is worth about $583,300, 3% above the Washington median of $564,600 and 75% above the national median of $332,700. Owners pay a median $4,000 a year in property taxes, about 0.69% of their home's value, lower than the Washington rate of 0.81%. The median household earns $58,750 a year, so the median home costs 9.9 times the median income (5.8 times for Washington). 82% of occupied homes here are lived in by their owners, and 39% of those owners still have a mortgage.
Methow at a glance
| Methow | Washington | U.S. | |
|---|---|---|---|
| Median home value | $583,300 | $564,600 | $332,700 |
| Median property tax paid per year | $4,000 | $4,556 | $3,119 |
| Property tax as a share of value | 0.69% | 0.81% | 0.94% |
| Median household income | $58,750 | $98,141 | $80,734 |
| Homes lived in by their owners | 82% | 64% | 65% |
| Owner homes with a mortgage | 39% | 66% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,445 | $1,963 |
| Median rent | – | $1,760 | $1,413 |
| Median year homes were built | 1938 | 1985 | 1980 |
| Vacant homes | 0.0% | 7.3% | 10.1% |
| Population | 58 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Methow
At this week's average 30-year rate of 7.11%, buying the median Methow home of $583,300 with 20% down costs about $3,718 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,689, 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 $159,324 for the 20%-down payment. That payment is 76% of the median Methow household income of $58,750; at that income and 20% down, the 28% guideline points to a home of about $215,000.
| Down payment | $116,660 |
|---|---|
| Loan amount | $466,640 |
| Principal and interest | $3,139 |
| Property taxes (0.69% a year) | $335 |
| Homeowners insurance (our estimate, 0.5% a year) | $243 |
| PMI | $0 |
| Total per month | $3,718 |
Change the numbers in the calculator
| Down payment | $20,416 |
|---|---|
| Loan amount | $572,735 |
| Principal and interest | $3,853 |
| Property taxes (0.69% a year) | $335 |
| Homeowners insurance (our estimate, 0.5% a year) | $243 |
| FHA mortgage insurance | $258 |
| Total per month | $4,689 |
Change the numbers in the calculator
Questions about home buying in Methow
What is the median home value in Methow?
About $583,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Methow?
Homeowners pay a median $4,000 a year, which is about 0.69% 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 Methow?
For the median home with 20% down at 7.11%, the payment is about $3,718 a month. Keeping that under 28% of gross income takes about $159,324 a year.
More about Methow
- Mortgage Refinance in Methow
- Debt Relief in Methow
- Home Equity Loans in Methow
- 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