Area Insights of 99201, Spokane, 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 96 homes were sold with 23 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

99201, Spokane, WA

Date

06-07-2023

Price Ratio

99%

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

No schools available

Middle School

Yasuhara Middle School

6 to 8

Ratings

C

High School

Lumen High School

9 to 12

Open Doors

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 17% 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 (15,742)
8,433 Male
7,309 Female
Education
24% High School
11% Associate
19% Bachelor
10% Graduate
Age

Average Age is 41 Years

Household Details

The area's household landscape is diverse, with 28% owner-occupied homes and 72% renter-occupied properties. Family households represent 27% of the population, indicating a strong community focus on family living. The average home value stands at $403,062, which suggests ample demand for multi-bedroom properties.

Total Households
8,359
Average home value
$403,062
Owned
28%
Rented
72%
Vacant
9%
Families
27%
Married
17%
With children
8%

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 3% Asian, 4% Black, and 4% Native residents, alongside 77% White and 8% 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 16% of households earning over $100,000 annually, while 21% 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
3%
Healthcare
16%
Professional
12%
Education
5%
Services
31%
Labor
9%
Retail
15%
Other
8%
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