Total monthly cost of ownership
Cost to Own a Home in Puget Island, Washington
A $398,000 home here costs
$2,995per 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 $128,500 a year.
A standard mortgage calculator would have told you $2,170. The real number is $825 higher every month, 38% more than the payment most buyers budget for.
Compare Wahkiakum County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for Puget Island from a five-year rolling sample, and with about 1,136 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 Wahkiakum 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.
Puget Island against Wahkiakum County and Washington
| Measure | Puget Island | Wahkiakum County |
|---|---|---|
| Median home value | $398,200 | $344,500 |
| Median property tax | $2,719 | $2,084 |
| Effective tax rate | 0.683% | 0.605% |
| Median gross rent | — | $1,086 |
| Population | 1,136 | 4,573 |
The weather behind that power bill
Puget Island sits in Wahkiakum County, which averages a high of 77.3°F in its hottest month and a low of 33.1°F in its coldest, with 103.55" of precipitation a year and 47% of it in a single three-month stretch. That climate drives 112 cooling and 4,985 heating degree days, which is what sets the $140 electricity line above.
See the full climate breakdown for Wahkiakum County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Wahkiakum County
No other places of this size are published in Wahkiakum County.
Full Wahkiakum County cost breakdown · Every county in Washington
Talk to someone who works this market
These are Puget Island 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 Puget Island every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in Puget Island I already own here and may sell
Common questions
How much does it cost to own a home in Puget Island?
A $398,000 home in Puget Island, Washington costs approximately $2,995 per month with 20% down at 7.24%. That is $2,170 principal and interest, $227 property tax, $59 homeowners insurance, $208 utilities and $332 set aside for maintenance.
What is the property tax rate in Puget Island?
Puget Island has an effective property tax rate of 0.683%, based on a median home value of $398,200 and median real estate taxes of $2,719. That is higher than the Wahkiakum County average of 0.605%.
What is the average home price in Puget Island?
The median owner-occupied home value in Puget Island, Washington is $398,200, against $344,500 across Wahkiakum County.
Is it cheaper to rent or buy in Puget Island?
Rent data is not published for Puget Island at this level of detail.
What salary do you need to buy a home in Puget Island?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in Puget Island, Washington at today's rate takes a household income of roughly $128,500 a year. That covers the full $2,995 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Puget Island, 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.