Total monthly cost of ownership
Cost to Own a Home in South Bend, Washington
A $236,000 home here costs
$1,863per 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 $80,000 a year.
A standard mortgage calculator would have told you $1,287. The real number is $576 higher every month, 45% more than the payment most buyers budget for.
Compare Pacific County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for South Bend from a five-year rolling sample, and with about 1,856 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 Pacific 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.
South Bend against Pacific County and Washington
| Measure | South Bend | Pacific County |
|---|---|---|
| Median home value | $235,500 | $274,000 |
| Median property tax | $1,641 | $2,250 |
| Effective tax rate | 0.697% | 0.821% |
| Median gross rent | $912 | $962 |
| Population | 1,856 | 23,750 |
The weather behind that power bill
South Bend sits in Pacific County, which averages a high of 72.8°F in its hottest month and a low of 32.4°F in its coldest, with 83.65" of precipitation a year and 46% of it in a single three-month stretch. That climate drives 44 cooling and 5,572 heating degree days, which is what sets the $140 electricity line above.
See the full climate breakdown for Pacific County , month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pacific County
Full Pacific County cost breakdown · Every county in Washington
Talk to someone who works this market
These are South Bend 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 South Bend every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in South Bend I already own here and may sell
Common questions
How much does it cost to own a home in South Bend?
A $236,000 home in South Bend, Washington costs approximately $1,863 per month with 20% down at 7.24%. That is $1,287 principal and interest, $137 property tax, $35 homeowners insurance, $208 utilities and $197 set aside for maintenance.
What is the property tax rate in South Bend?
South Bend has an effective property tax rate of 0.697%, based on a median home value of $235,500 and median real estate taxes of $1,641. That is lower than the Pacific County average of 0.821%.
What is the average home price in South Bend?
The median owner-occupied home value in South Bend, Washington is $235,500, against $274,000 across Pacific County.
Is it cheaper to rent or buy in South Bend?
Median gross rent in South Bend is $912 a month, against $1,863 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
What salary do you need to buy a home in South Bend?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in South Bend, Washington at today's rate takes a household income of roughly $80,000 a year. That covers the full $1,863 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for South Bend, 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.