Area Insights of Renton, WA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market maintains its steady pace indicating a consistent buyer interest. A total of 1661 homes were sold with 267 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

Renton, WA

Date

04-05-2023

Price Ratio

101%

Schools

Choosing the right school is crucial for your child's education. Compare ratings, distance, and academic offerings across elementary, middle and high schools to make a well-informed decision.

Elementary School

King of Kings Lutheran Preschool and Kindergarten

PK to KG

Maple Valley Elementary School

PK to 6

Phoenix Montessori

PK to KG

St Anthony Elementary School

PK to 8

Cedar River Montessori School

PK to 8

Middle School

No schools available

High School

Puget Sound Educational Service District

9 to 12

Ella Baker High School (Open Doors)

11 to 12

Renton Technical High School

11 to 12

Open Door Youth Reengagement

11 to 12

Renton Technical College

9 to 12

Climate

Weather plays a crucial role in real estate decisions. Consider environmental factors like flood risks, wildfire hazards, extreme heat, and other climate conditions for a well-informed choice.

Weather Indices
Scaled to National average of 100 for each category.
Temperature

Demographics

Population dynamics, income levels, and employment patterns are key indicators of real estate demand and future growth. Use these insights to make well-informed decisions.

Population

With a steadily growing population, the area offers a vibrant community atmosphere. Current data indicates a population increase of 12% since 2010, reflecting rising demand for housing and local amenities. This trend highlights the area's potential for continued development and long-term residential appeal.

Population (159,130)
79,963 Male
79,167 Female
Education
21% High School
10% Associate
27% Bachelor
14% Graduate
Age

Average Age is 38 Years

Household Details

The area's household landscape is diverse, with 60% owner-occupied homes and 40% renter-occupied properties. Family households represent 66% of the population, indicating a strong community focus on family living. The average home value stands at $913,394, which suggests ample demand for multi-bedroom properties.

Total Households
63,131
Average home value
$913,394
Owned
60%
Rented
40%
Vacant
4%
Families
66%
Married
49%
With children
32%

Racial Diversity

The area's community showcases a dynamic blend of cultures, contributing to a rich and inclusive environment. Demographic data highlights a diverse composition, with 27% Asian, 9% Black, and 1% Native residents, alongside 45% White and 13% Hispanic/Other populations. This multicultural landscape offers residents a vibrant and culturally enriched living experience.

Income

The area reflects a well-distributed income pattern with approximately 48% of households earning over $100,000 annually, while 29% fall within the $50,000 to $100,000 range. The median income stands at $75,000, signalling a financially stable community with growth potential.

Employment

The area has a diverse workforce with employment spanning across sectors like technology, healthcare, education, and retail. Below is the percentage of residents employed across various industries, highlighting the region's balanced and dynamic economic landscape.

% of People are working in various industries.

Arts
2%
Healthcare
13%
Professional
11%
Education
6%
Services
24%
Labor
20%
Retail
16%
Other
9%
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