Property Prices in Gig Harbor, WA, United States

Index Info
Price to Income Ratio: 2.82
Mortgage as Percentage of Income: 20.10%
Loan Affordability Index: 4.98
Price to Rent Ratio - City Centre: 10.04
Price to Rent Ratio - Outside of Centre: 9.68
Gross Rental Yield (City Centre): 9.96%
Gross Rental Yield (Outside of Centre): 10.33%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 1,500.00 $ 1,500.00-1,500.00
Apartment (1 bedroom) Outside of Centre 1,125.00 $ 1,100.00-1,150.00
Apartment (3 bedrooms) in City Centre 3,250.00 $ 3,000.00-3,500.00
Apartment (3 bedrooms) Outside of Centre 2,550.00 $ 2,150.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 333.25 $ 328.50-339.50
Price per Square Feet to Buy Apartment Outside of Centre 246.50 $ 235.00-256.66
Salaries And Financing
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Average Monthly Net Salary (After Tax) 5,523.02 $
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.75 3.50-4.00

These data are based on 38 entries in the past 18 months from 11 different contributors.
Last update: December 2020

Sources and References
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