Total monthly cost of ownership
Cost to Own a Home in Cascade Valley, Washington
A $101,000 home here costs
$1,026per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $44,000 a year.
A standard mortgage calculator would have told you $551. The real number is $475 higher every month, 86% more than the payment most buyers budget for.
Compare Grant County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Cascade Valley from a five-year rolling sample, and with about 3,824 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The Grant County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Cascade Valley against Grant County and Washington
| Measure | Cascade Valley | Grant County |
|---|---|---|
| Median home value | $101,100 | $275,700 |
| Median property tax | $2,022 | $2,268 |
| Effective tax rate | 2.000% | 0.823% |
| Median gross rent | $1,192 | $1,059 |
| Population | 3,824 | 100,428 |
The weather behind that power bill
Cascade Valley sits in Grant County, which averages a high of 89.3°F in its hottest month and a low of 23.5°F in its coldest, with 7.58" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 843 cooling and 5,753 heating degree days, which is what sets the $140 electricity line above.
See the full climate breakdown for Grant County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Grant County
Full Grant County cost breakdown · Every county in Washington
Talk to someone who works this market
These are Cascade Valley averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works Cascade Valley every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Cascade Valley I already own here and may sell
Common questions
How much does it cost to own a home in Cascade Valley?
A $101,000 home in Cascade Valley, Washington costs approximately $1,026 per month with 20% down at 7.24%. That is $551 principal and interest, $168 property tax, $15 homeowners insurance, $208 utilities and $84 set aside for maintenance.
What is the property tax rate in Cascade Valley?
Cascade Valley has an effective property tax rate of 2.000%, based on a median home value of $101,100 and median real estate taxes of $2,022. That is higher than the Grant County average of 0.823%.
What is the average home price in Cascade Valley?
The median owner-occupied home value in Cascade Valley, Washington is $101,100, against $275,700 across Grant County.
Is it cheaper to rent or buy in Cascade Valley?
Median gross rent in Cascade Valley is $1,192 a month, against $1,026 to own the median home all in. Owning costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in Cascade Valley?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Cascade Valley, Washington at today's rate takes a household income of roughly $44,000 a year. That covers the full $1,026 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cascade Valley, US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance, NAIC average premium for Washington.
- Electricity price, EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate, Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.