The typical owner-occupied home in Spangle is worth about $314,500, 44% below the Washington median of $564,600 and 5% below the national median of $332,700. Owners pay a median $2,974 a year in property taxes, about 0.95% of their home's value, higher than the Washington rate of 0.81%. The median household earns $74,145 a year, so the median home costs 4.2 times the median income (5.8 times for Washington). 90% of occupied homes here are lived in by their owners, and 71% of those owners still have a mortgage.
Spangle at a glance
| Spangle | Washington | U.S. | |
|---|---|---|---|
| Median home value | $314,500 | $564,600 | $332,700 |
| Median property tax paid per year | $2,974 | $4,556 | $3,119 |
| Property tax as a share of value | 0.95% | 0.81% | 0.94% |
| Median household income | $74,145 | $98,141 | $80,734 |
| Homes lived in by their owners | 90% | 64% | 65% |
| Owner homes with a mortgage | 71% | 66% | 61% |
| Median monthly costs, owners with a mortgage | $1,765 | $2,445 | $1,963 |
| Those costs as a share of the owners' income | 22.9% | 22.2% | 21.0% |
| Median rent | – | $1,760 | $1,413 |
| Median year homes were built | 1966 | 1985 | 1980 |
| Vacant homes | 6.5% | 7.3% | 10.1% |
| Population | 322 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Spangle
At this week's average 30-year rate of 7.11%, buying the median Spangle home of $314,500 with 20% down costs about $2,073 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,596, 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 $88,824 for the 20%-down payment. That payment is 34% of the median Spangle household income of $74,145; at that income and 20% down, the 28% guideline points to a home of about $263,000.
| Down payment | $62,900 |
|---|---|
| Loan amount | $251,600 |
| Principal and interest | $1,693 |
| Property taxes (0.95% a year) | $249 |
| Homeowners insurance (our estimate, 0.5% a year) | $131 |
| PMI | $0 |
| Total per month | $2,073 |
Change the numbers in the calculator
| Down payment | $11,008 |
|---|---|
| Loan amount | $308,804 |
| Principal and interest | $2,077 |
| Property taxes (0.95% a year) | $249 |
| Homeowners insurance (our estimate, 0.5% a year) | $131 |
| FHA mortgage insurance | $139 |
| Total per month | $2,596 |
Change the numbers in the calculator
Questions about home buying in Spangle
What is the median home value in Spangle?
About $314,500 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Spangle?
Homeowners pay a median $2,974 a year, which is about 0.95% 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 Spangle?
For the median home with 20% down at 7.11%, the payment is about $2,073 a month. Keeping that under 28% of gross income takes about $88,824 a year.
More about Spangle
- Mortgage Refinance in Spangle
- Debt Relief in Spangle
- Home Equity Loans in Spangle
- 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