The typical owner-occupied home in Metaline Falls is worth about $281,300, 50% below the Washington median of $564,600 and 15% below the national median of $332,700. Owners pay a median $1,603 a year in property taxes, about 0.57% of their home's value, lower than the Washington rate of 0.81%. The median household earns $46,500 a year, so the median home costs 6.0 times the median income (5.8 times for Washington). 44% of occupied homes here are lived in by their owners, and 60% of those owners still have a mortgage.
Metaline Falls at a glance
| Metaline Falls | Washington | U.S. | |
|---|---|---|---|
| Median home value | $281,300 | $564,600 | $332,700 |
| Median property tax paid per year | $1,603 | $4,556 | $3,119 |
| Property tax as a share of value | 0.57% | 0.81% | 0.94% |
| Median household income | $46,500 | $98,141 | $80,734 |
| Homes lived in by their owners | 44% | 64% | 65% |
| Owner homes with a mortgage | 60% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $1,151 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 14.8% | 22.2% | 21.0% |
| Median rent | $712 | $1,760 | $1,413 |
| Rent as a share of renters' income | 22.4% | 30.0% | 30.6% |
| Median year homes were built | 1938 | 1985 | 1980 |
| Vacant homes | 29.3% | 7.3% | 10.1% |
| Population | 361 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Metaline Falls
At this week's average 30-year rate of 7.11%, buying the median Metaline Falls home of $281,300 with 20% down costs about $1,765 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,233, 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 $75,630 for the 20%-down payment. That payment is 46% of the median Metaline Falls household income of $46,500; at that income and 20% down, the 28% guideline points to a home of about $173,000.
The median rent here is $712 a month, so owning the median home costs about $1,053 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $56,260 |
|---|---|
| Loan amount | $225,040 |
| Principal and interest | $1,514 |
| Property taxes (0.57% a year) | $134 |
| Homeowners insurance (our estimate, 0.5% a year) | $117 |
| PMI | $0 |
| Total per month | $1,765 |
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| Down payment | $9,846 |
|---|---|
| Loan amount | $276,205 |
| Principal and interest | $1,858 |
| Property taxes (0.57% a year) | $134 |
| Homeowners insurance (our estimate, 0.5% a year) | $117 |
| FHA mortgage insurance | $124 |
| Total per month | $2,233 |
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Questions about home buying in Metaline Falls
What is the median home value in Metaline Falls?
About $281,300 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Metaline Falls?
Homeowners pay a median $1,603 a year, which is about 0.57% 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 Metaline Falls?
For the median home with 20% down at 7.11%, the payment is about $1,765 a month. Keeping that under 28% of gross income takes about $75,630 a year.
More about Metaline Falls
- Mortgage Refinance in Metaline Falls
- Debt Relief in Metaline Falls
- Home Equity Loans in Metaline Falls
- 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