Area Insights of 99218, Spokane, WA

Stay ahead with market trends and local insights that matter.

Demand Insights

The market remains active with a price ratio of 2%, indicating a strong buyer interest. A total of 83 homes were sold with 25 properties undergoing price cuts. Leverage these insights to assess market conditions and plan your next move.

Location

99218, Spokane, WA

Date

06-23-2023

Price Ratio

100%

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

North Wall Schools

PK to 6

Spokane Montessori School North

PK to KG

Middle School

No schools available

High School

Mead High School

9 to 12

Ratings

A

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 (15,973)
7,827 Male
8,146 Female
Education
20% High School
12% Associate
24% Bachelor
14% Graduate
Age

Average Age is 35 Years

Household Details

The area's household landscape is diverse, with 50% owner-occupied homes and 50% renter-occupied properties. Family households represent 61% of the population, indicating a strong community focus on family living. The average home value stands at $508,846, which suggests ample demand for multi-bedroom properties.

Total Households
6,223
Average home value
$508,846
Owned
50%
Rented
50%
Vacant
4%
Families
61%
Married
47%
With children
28%

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 4% Asian, 2% Black, and 1% Native residents, alongside 80% White and 6% 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 27% of households earning over $100,000 annually, while 32% 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
20%
Professional
8%
Education
11%
Services
19%
Labor
16%
Retail
14%
Other
10%
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