Cost to Own
United StatesWashingtonKitsap CountyNavy Yard City Population 2,542 Data vintage ACS 2023 5-Year Rates updated 2026-07-30

Total monthly cost of ownership

Cost to Own a Home in Navy Yard City, Washington

A $293,000 home here costs

$2,185

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

A standard mortgage calculator would have told you $1,506. The real number is $678 higher every month — 45% more than the payment most buyers budget for.

Navy Yard City median: $293,200
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, $234,400 borrowed $1,506
Property tax0.771% effective rate for Navy Yard City itself $188
Homeowners insuranceWashington averages $1,001/yr (NAIC), or 0.178% of home value $43
Electricity14.95¢/kWh — Washington residential average, EIA $134
Water, sewer & trashUS household average $68
Maintenance reserve1% of home value per year $244
Total monthly $2,185

Navy Yard City against Kitsap County and Washington

MeasureNavy Yard CityKitsap County
Median home value$293,200$505,700
Median property tax$2,260$4,030
Effective tax rate0.771%0.797%
Median gross rent$1,504$1,741
Population2,542276,581

The weather behind that power bill

Navy Yard City sits in Kitsap County, which averages a high of 77.3°F in its hottest month and a low of 35.0°F in its coldest, with 56.93" of precipitation a year and 49% of it in a single three-month stretch. That climate drives 193 cooling and 4,825 heating degree days, which is what sets the $134 electricity line above.

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

Other cities in Kitsap County

Full Kitsap County cost breakdown · Every county in Washington

Common questions

How much does it cost to own a home in Navy Yard City?

A $293,000 home in Navy Yard City, Washington costs approximately $2,185 per month with 20% down at 6.66%. That is $1,506 principal and interest, $188 property tax, $43 homeowners insurance, $202 utilities and $244 set aside for maintenance.

What is the property tax rate in Navy Yard City?

Navy Yard City has an effective property tax rate of 0.771%, based on a median home value of $293,200 and median real estate taxes of $2,260. That is lower than the Kitsap County average of 0.797%.

What is the average home price in Navy Yard City?

The median owner-occupied home value in Navy Yard City, Washington is $293,200, against $505,700 across Kitsap County.

Is it cheaper to rent or buy in Navy Yard City?

Median gross rent in Navy Yard City is $1,504 a month, against $2,185 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 Navy Yard City — 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