Cost to Own
United StatesWashingtonIsland CountyCoupeville Population 1,934 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Coupeville, Washington

A $495,000 home here costs

$3,534

per month, all in — with 20% down at today's 6.66% 30-year fixed rate.

A standard mortgage calculator would have told you $2,545. The real number is $989 higher every month — 39% more than the payment most buyers budget for.

Coupeville median: $495,400
Under 20% adds PMI
Freddie Mac PMMS
US average household

Where every dollar goes

Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.

Principal & interest30-year fixed, $396,000 borrowed $2,545
Property tax0.730% effective rate for Coupeville itself $301
Homeowners insuranceWashington averages $1,001/yr (NAIC), or 0.178% of home value $73
Electricity14.95¢/kWh — Washington residential average, EIA $134
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $413
Total monthly $3,534

Coupeville against Island County and Washington

MeasureCoupevilleIsland County
Median home value$495,400$535,300
Median property tax$3,618$3,765
Effective tax rate0.730%0.703%
Median gross rent$1,009$1,631
Population1,93486,747

The weather behind that power bill

Coupeville sits in Island County, which averages a high of 70.5°F in its hottest month and a low of 36.2°F in its coldest, with 21.74" of precipitation a year and 38% of it in a single three-month stretch. That climate drives 22 cooling and 5,402 heating degree days, which is what sets the $134 electricity line above.

See the full climate breakdown for Island County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.

Other cities in Island County

Full Island County cost breakdown · Every county in Washington

Common questions

How much does it cost to own a home in Coupeville?

A $495,000 home in Coupeville, Washington costs approximately $3,534 per month with 20% down at 6.66%. That is $2,545 principal and interest, $301 property tax, $73 homeowners insurance, $202 utilities and $413 set aside for maintenance.

What is the property tax rate in Coupeville?

Coupeville has an effective property tax rate of 0.730%, based on a median home value of $495,400 and median real estate taxes of $3,618. That is higher than the Island County average of 0.703%.

What is the average home price in Coupeville?

The median owner-occupied home value in Coupeville, Washington is $495,400, against $535,300 across Island County.

Is it cheaper to rent or buy in Coupeville?

Median gross rent in Coupeville is $1,009 a month, against $3,534 to own the median home all in. Renting costs less month to month here, though renting builds no equity.

Sources & methodology

  • Median home value, real estate taxes, gross rent and population for Coupeville — 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.

Full methodology