The typical owner-occupied home in Chinook is worth about $352,000, 38% below the Washington median of $564,600 and 6% above the national median of $332,700. Owners pay a median $3,233 a year in property taxes, about 0.92% of their home's value, higher than the Washington rate of 0.81%. The median household earns $108,147 a year, so the median home costs 3.3 times the median income (5.8 times for Washington). 98% of occupied homes here are lived in by their owners, and 29% of those owners still have a mortgage.
Chinook at a glance
| Chinook | Washington | U.S. | |
|---|---|---|---|
| Median home value | $352,000 | $564,600 | $332,700 |
| Median property tax paid per year | $3,233 | $4,556 | $3,119 |
| Property tax as a share of value | 0.92% | 0.81% | 0.94% |
| Median household income | $108,147 | $98,141 | $80,734 |
| Homes lived in by their owners | 98% | 64% | 65% |
| Owner homes with a mortgage | 29% | 66% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,445 | $1,963 |
| Median rent | – | $1,760 | $1,413 |
| Median year homes were built | 1950 | 1985 | 1980 |
| Vacant homes | 21.6% | 7.3% | 10.1% |
| Population | 541 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Chinook
At this week's average 30-year rate of 7.11%, buying the median Chinook home of $352,000 with 20% down costs about $2,311 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,897, 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 $99,037 for the 20%-down payment. That payment is 26% of the median Chinook household income of $108,147; at that income and 20% down, the 28% guideline points to a home of about $384,000.
| Down payment | $70,400 |
|---|---|
| Loan amount | $281,600 |
| Principal and interest | $1,894 |
| Property taxes (0.92% a year) | $270 |
| Homeowners insurance (our estimate, 0.5% a year) | $147 |
| PMI | $0 |
| Total per month | $2,311 |
Change the numbers in the calculator
| Down payment | $12,320 |
|---|---|
| Loan amount | $345,624 |
| Principal and interest | $2,325 |
| Property taxes (0.92% a year) | $270 |
| Homeowners insurance (our estimate, 0.5% a year) | $147 |
| FHA mortgage insurance | $156 |
| Total per month | $2,897 |
Change the numbers in the calculator
Questions about home buying in Chinook
What is the median home value in Chinook?
About $352,000 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Chinook?
Homeowners pay a median $3,233 a year, which is about 0.92% 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 Chinook?
For the median home with 20% down at 7.11%, the payment is about $2,311 a month. Keeping that under 28% of gross income takes about $99,037 a year.
More about Chinook
- Mortgage Refinance in Chinook
- Debt Relief in Chinook
- Home Equity Loans in Chinook
- 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