The typical owner-occupied home in Outlook is worth about $310,600, 45% below the Washington median of $564,600 and 7% below the national median of $332,700. The median household earns $46,475 a year, so the median home costs 6.7 times the median income (5.8 times for Washington). 44% of occupied homes here are lived in by their owners, and 64% of those owners still have a mortgage.
Outlook at a glance
| Outlook | Washington | U.S. | |
|---|---|---|---|
| Median home value | $310,600 | $564,600 | $332,700 |
| Median property tax paid per year | – | $4,556 | $3,119 |
| Median household income | $46,475 | $98,141 | $80,734 |
| Homes lived in by their owners | 44% | 64% | 65% |
| Owner homes with a mortgage | 64% | 66% | 61% |
| Median monthly costs, owners with a mortgage | – | $2,445 | $1,963 |
| Median rent | – | $1,760 | $1,413 |
| Median year homes were built | 1989 | 1985 | 1980 |
| Vacant homes | 0.0% | 7.3% | 10.1% |
| Population | 594 | 7,816,116 | 334,922,499 |
What a typical home costs per month in Outlook
At this week's average 30-year rate of 7.11%, buying the median Outlook home of $310,600 with 20% down costs about $2,086 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,603, 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 $89,386 for the 20%-down payment. That payment is 54% of the median Outlook household income of $46,475; at that income and 20% down, the 28% guideline points to a home of about $161,000.
| Down payment | $62,120 |
|---|---|
| Loan amount | $248,480 |
| Principal and interest | $1,672 |
| Property taxes (1.10% a year) | $285 |
| Homeowners insurance (our estimate, 0.5% a year) | $129 |
| PMI | $0 |
| Total per month | $2,086 |
Change the numbers in the calculator
| Down payment | $10,871 |
|---|---|
| Loan amount | $304,974 |
| Principal and interest | $2,052 |
| Property taxes (1.10% a year) | $285 |
| Homeowners insurance (our estimate, 0.5% a year) | $129 |
| FHA mortgage insurance | $137 |
| Total per month | $2,603 |
Change the numbers in the calculator
Questions about home buying in Outlook
What is the median home value in Outlook?
About $310,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
What income do you need to buy a home in Outlook?
For the median home with 20% down at 7.11%, the payment is about $2,086 a month. Keeping that under 28% of gross income takes about $89,386 a year.
More about Outlook
- Mortgage Refinance in Outlook
- Debt Relief in Outlook
- Home Equity Loans in Outlook
- 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