The typical owner-occupied home in Mckenna is worth about $539,800, 4% below the Washington median of $564,600 and 62% above the national median of $332,700. Owners pay a median $3,409 a year in property taxes, about 0.63% of their home's value, lower than the Washington rate of 0.81%. The median household earns $92,667 a year, so the median home costs 5.8 times the median income (5.8 times for Washington). 64% of occupied homes here are lived in by their owners, and 58% of those owners still have a mortgage.
Mckenna at a glance
| Mckenna | Washington | U.S. | |
|---|---|---|---|
| Median home value | $539,800 | $564,600 | $332,700 |
| Median property tax paid per year | $3,409 | $4,556 | $3,119 |
| Property tax as a share of value | 0.63% | 0.81% | 0.94% |
| Median household income | $92,667 | $98,141 | $80,734 |
| Homes lived in by their owners | 64% | 64% | 65% |
| Owner homes with a mortgage | 58% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $1,859 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 18.6% | 22.2% | 21.0% |
| Median rent | – | $1,760 | $1,413 |
| Median year homes were built | 1997 | 1985 | 1980 |
| Vacant homes | 0.0% | 7.3% | 10.1% |
| Population | 669 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Mckenna
At this week's average 30-year rate of 7.11%, buying the median Mckenna home of $539,800 with 20% down costs about $3,413 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,313, 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 $146,286 for the 20%-down payment. That payment is 44% of the median Mckenna household income of $92,667; at that income and 20% down, the 28% guideline points to a home of about $342,000.
| Down payment | $107,960 |
|---|---|
| Loan amount | $431,840 |
| Principal and interest | $2,905 |
| Property taxes (0.63% a year) | $283 |
| Homeowners insurance (our estimate, 0.5% a year) | $225 |
| PMI | $0 |
| Total per month | $3,413 |
Change the numbers in the calculator
| Down payment | $18,893 |
|---|---|
| Loan amount | $530,023 |
| Principal and interest | $3,566 |
| Property taxes (0.63% a year) | $283 |
| Homeowners insurance (our estimate, 0.5% a year) | $225 |
| FHA mortgage insurance | $239 |
| Total per month | $4,313 |
Change the numbers in the calculator
Questions about home buying in Mckenna
What is the median home value in Mckenna?
About $539,800 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Mckenna?
Homeowners pay a median $3,409 a year, which is about 0.63% 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 Mckenna?
For the median home with 20% down at 7.11%, the payment is about $3,413 a month. Keeping that under 28% of gross income takes about $146,286 a year.
More about Mckenna
- Mortgage Refinance in Mckenna
- Debt Relief in Mckenna
- Home Equity Loans in Mckenna
- 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