The typical owner-occupied home in Sumner is worth about $519,900, 8% below the Washington median of $564,600 and 56% above the national median of $332,700. Owners pay a median $5,213 a year in property taxes, about 1.00% of their home's value, higher than the Washington rate of 0.81%. The median household earns $98,191 a year, so the median home costs 5.3 times the median income (5.8 times for Washington). 54% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Sumner at a glance
| Sumner | Washington | U.S. | |
|---|---|---|---|
| Median home value | $519,900 | $564,600 | $332,700 |
| Median property tax paid per year | $5,213 | $4,556 | $3,119 |
| Property tax as a share of value | 1.00% | 0.81% | 0.94% |
| Median household income | $98,191 | $98,141 | $80,734 |
| Homes lived in by their owners | 54% | 64% | 65% |
| Owner homes with a mortgage | 66% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $2,535 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 26.0% | 22.2% | 21.0% |
| Median rent | $1,974 | $1,760 | $1,413 |
| Rent as a share of renters' income | 28.8% | 30.0% | 30.6% |
| Median year homes were built | 1989 | 1985 | 1980 |
| Vacant homes | 1.0% | 7.3% | 10.1% |
| Population | 10,733 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Sumner
At this week's average 30-year rate of 7.11%, buying the median Sumner home of $519,900 with 20% down costs about $3,448 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $4,314, 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 $147,763 for the 20%-down payment. That payment is 42% of the median Sumner household income of $98,191; at that income and 20% down, the 28% guideline points to a home of about $345,000.
The median rent here is $1,974 a month, so owning the median home costs about $1,474 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $103,980 |
|---|---|
| Loan amount | $415,920 |
| Principal and interest | $2,798 |
| Property taxes (1.00% a year) | $433 |
| Homeowners insurance (our estimate, 0.5% a year) | $217 |
| PMI | $0 |
| Total per month | $3,448 |
Change the numbers in the calculator
| Down payment | $18,196 |
|---|---|
| Loan amount | $510,483 |
| Principal and interest | $3,434 |
| Property taxes (1.00% a year) | $433 |
| Homeowners insurance (our estimate, 0.5% a year) | $217 |
| FHA mortgage insurance | $230 |
| Total per month | $4,314 |
Change the numbers in the calculator
Questions about home buying in Sumner
What is the median home value in Sumner?
About $519,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Sumner?
Homeowners pay a median $5,213 a year, which is about 1.00% 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 Sumner?
For the median home with 20% down at 7.11%, the payment is about $3,448 a month. Keeping that under 28% of gross income takes about $147,763 a year.
More about Sumner
- Mortgage Refinance in Sumner
- Debt Relief in Sumner
- Home Equity Loans in Sumner
- 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