Housing costs in Banks Lake South?
A typical home costs
$262,100, which is 22.5% less expensive than the national average of
$338,100 and 51.0% less expensive than the average Washington home, at
$534,700. Renting a two-bedroom unit in Banks Lake South costs
$960 per month, which is 32.9% cheaper than the national average of
$1,430 and 80.2% cheaper than the state average of
$1,730.
Can I afford Banks Lake South?
To live comfortably in Banks Lake South, Washington, a minimum annual income of
$50,400 for a family, and
$31,200 for a single person is recommended.
What does A.I. say about Banks Lake South?
The cost of living in Banks Lake South, WA is very affordable. The median home value in the town is $184,000, which is well below the national average. Additionally, the cost of groceries and other necessities such as utilities are quite low. Additionally, the area has a low unemployment rate of 4.8%, which indicates a strong economy and plentiful job opportunities, making living in Banks Lake South an attractive option for many.