What is the median household income in Spokane Valley, WA?
The median household income in Spokane Valley, WA is $74,042 (±$2,587) a year (2020–2024 American Community Survey).
Paying the median gross rent of $1,353 a month would take about $54,100 a year at the common guideline of spending no more than 30% of income on rent.
In Spokane Valley, the median household income went from $51,961 in 2015–2019 to $74,042 in 2020–2024 (+42.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median household income
- $74,042 (±$2,587)
- Median renter income
- $52,842 (±$3,716)
- Income to afford median rent
- about $54,100
Income in Spokane Valley against Spokane County, its state and the nation
| Spokane Valley | Spokane County | Washington | United States | |
|---|---|---|---|---|
| Median household income | $74,042 (±$2,587) | $78,582 (±$1,591) | $98,141 (±$414) | $80,734 |
| Median renter household income | $52,842 (±$3,716) | $50,055 (±$1,710) | $66,868 (±$600) | $52,966 |
| Median owner household income | $90,402 (±$4,910) | $99,571 (±$2,111) | $119,764 (±$583) | $100,009 |
| Median gross rent | $1,353 (±$44) | $1,283 (±$20) | $1,760 (±$7) | $1,413 |
In Spokane Valley, median household income is lower than in Spokane County ($78,582).
It is also lower than in Washington ($98,141).
It is lower than the national figure ($80,734).
In Spokane County, Spokane Valley ranks 11 of 19 places with a published estimate, from highest to lowest median household income.
Statewide, it ranks 318 of 467.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How much you need to earn to rent in Spokane Valley
Many landlords and housing programs use 30% of gross income as the most a household should spend on rent.
At that guideline, the median gross rent of $1,353 a month ($16,236 a year) needs an income of about $54,100 a year.
The median renting household in Spokane Valley earns $52,842 a year, less than that.
This is arithmetic on the published medians, not a rule any landlord must follow; screening criteria vary and some places limit how income may be weighed.
Income against housing costs since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median household income | $51,961 (±$1,911) | $74,042 (±$2,587) | +42.5% | Up after inflation |
| Median gross rent | $946 (±$15) | $1,353 (±$44) | +43.0% | Up after inflation |
| Median home value | $204,700 (±$3,864) | $382,300 (±$8,087) | +86.8% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median household income in places near Spokane Valley
| Place | Distance | Median household income | Compared with this place |
|---|---|---|---|
| Spokane Valley | — | $74,042 (±$2,587) | — |
| Millwood | 2.7 mi | $83,068 (±$12,283) | Not measurably different |
| Liberty Lake | 6.0 mi | $118,723 (±$8,914) | Higher |
| Otis Orchards-East Farms | 7.4 mi | $97,500 (±$18,243) | Higher |
| Spokane | 9.3 mi | $70,064 (±$1,594) | Lower |
| State Line | 9.6 mi | $48,750 (±$38,473) | Not measurably different |
| Mead | 9.7 mi | $77,045 (±$7,273) | Not measurably different |
| Town and Country | 9.9 mi | $92,652 (±$7,637) | Higher |
| Country Homes | 10 mi | $84,653 (±$17,296) | Not measurably different |
Nearby places with a measurably lower figure: Spokane, WA ($70,064).
Nearby places with a measurably higher figure: Liberty Lake, WA ($118,723), Otis Orchards-East Farms, WA ($97,500), Town and Country, WA ($92,652).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median household income across Spokane County, place by place
| Rank | Place | Median household income |
|---|---|---|
| 5 | Country Homes | $84,653 (±$17,296) |
| 6 | Millwood | $83,068 (±$12,283) |
| 7 | Fairfield | $81,923 (±$8,474) |
| 8 | Medical Lake | $79,989 (±$27,824) |
| 9 | Mead | $77,045 (±$7,273) |
| 10 | Spangle | $74,145 (±$25,546) |
| 11 | Spokane Valley | $74,042 (±$2,587) |
| 12 | Rockford | $73,661 (±$11,413) |
| 13 | Spokane | $70,064 (±$1,594) |
| 14 | Fairchild AFB | $69,917 (±$5,735) |
| 15 | Waverly | $65,909 (±$14,357) |
| 16 | Airway Heights | $62,874 (±$10,322) |
| 17 | Latah | $56,875 (±$26,116) |
Showing 13 of 19 places in Spokane County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Spokane Valley
What is the median household income in Spokane Valley?
The median household income in Spokane Valley is $74,042 (±$2,587) a year (2020–2024 American Community Survey).
How much do you need to make to afford rent in Spokane Valley?
About $54,100 a year, if rent is to stay at or below 30% of income at the median gross rent of $1,353 a month.
Have incomes in Spokane Valley kept up with inflation?
In Spokane Valley, the median household income went from $51,961 in 2015–2019 to $74,042 in 2020–2024 (+42.5%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
What do renters earn in Spokane Valley?
The median renting household in Spokane Valley, WA earns $52,842 (±$3,716) a year.
Sources
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Spokane Valley city, Washington
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Spokane Valley city, Washington
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Spokane Valley city, Washington
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Spokane Valley city, Washington
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Spokane Valley city, Washington
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Spokane Valley city, Washington
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Spokane Valley city, Washington (place:67167, in state:53).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B19013_001E, B19013_001M, B25064_001E, B25064_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP03_0062E, DP03_0062M, B25119_003E, B25119_003M, B25119_002E, B25119_002M, DP04_0134E, DP04_0134M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Spokane Valley at a glance
- Median rent in Spokane Valley
- Rent by bedrooms in Spokane Valley
- Rent burden in Spokane Valley
- Renters and owners in Spokane Valley
- Home values in Spokane Valley
- Homeowner costs in Spokane Valley
- Property taxes in Spokane Valley
- Types of homes in Spokane Valley
- Bedrooms in Spokane Valley
- Age of homes in Spokane Valley
- Vacancy rate in Spokane Valley
- Heating fuel in Spokane Valley
- Commute and cars in Spokane Valley
- Crime reported to police in Spokane Valley
- Population growth in Spokane Valley
- How long people stay in Spokane Valley
- Crowding and facilities in Spokane Valley
- Washington landlord and tenant rules
- Housing across Spokane County
- Washington places ranked by median household income
- Housing data for every place in Washington