The typical owner-occupied home in Carbonado is worth about $452,700, 20% below the Washington median of $564,600 and 36% above the national median of $332,700. Owners pay a median $2,471 a year in property taxes, about 0.55% of their home's value, lower than the Washington rate of 0.81%. The median household earns $117,083 a year, so the median home costs 3.9 times the median income (5.8 times for Washington). 85% of occupied homes here are lived in by their owners, and 93% of those owners still have a mortgage.
Carbonado at a glance
| Carbonado | Washington | U.S. | |
|---|---|---|---|
| Median home value | $452,700 | $564,600 | $332,700 |
| Median property tax paid per year | $2,471 | $4,556 | $3,119 |
| Property tax as a share of value | 0.55% | 0.81% | 0.94% |
| Median household income | $117,083 | $98,141 | $80,734 |
| Homes lived in by their owners | 85% | 64% | 65% |
| Owner homes with a mortgage | 93% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,235 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 23.4% | 22.2% | 21.0% |
| Median rent | $1,809 | $1,760 | $1,413 |
| Rent as a share of renters' income | 30.9% | 30.0% | 30.6% |
| Median year homes were built | 1974 | 1985 | 1980 |
| Vacant homes | 0.9% | 7.3% | 10.1% |
| Population | 704 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Carbonado
At this week's average 30-year rate of 7.11%, buying the median Carbonado home of $452,700 with 20% down costs about $2,832 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $3,587, 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 $121,388 for the 20%-down payment. That payment is 29% of the median Carbonado household income of $117,083; at that income and 20% down, the 28% guideline points to a home of about $437,000.
The median rent here is $1,809 a month, so owning the median home costs about $1,023 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $90,540 |
|---|---|
| Loan amount | $362,160 |
| Principal and interest | $2,436 |
| Property taxes (0.55% a year) | $207 |
| Homeowners insurance (our estimate, 0.5% a year) | $189 |
| PMI | $0 |
| Total per month | $2,832 |
Change the numbers in the calculator
| Down payment | $15,844 |
|---|---|
| Loan amount | $444,500 |
| Principal and interest | $2,990 |
| Property taxes (0.55% a year) | $207 |
| Homeowners insurance (our estimate, 0.5% a year) | $189 |
| FHA mortgage insurance | $200 |
| Total per month | $3,587 |
Change the numbers in the calculator
Questions about home buying in Carbonado
What is the median home value in Carbonado?
About $452,700 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Carbonado?
Homeowners pay a median $2,471 a year, which is about 0.55% 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 Carbonado?
For the median home with 20% down at 7.11%, the payment is about $2,832 a month. Keeping that under 28% of gross income takes about $121,388 a year.
More about Carbonado
- Mortgage Refinance in Carbonado
- Debt Relief in Carbonado
- Home Equity Loans in Carbonado
- 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