Living in Esperance, Washington
Cost of living, income, home prices, rent and demographics of Esperance · Census data 2020–2024
Esperance has 4,189 residents with a median age of 36.4. The median household income is $148,640 (51% higher than the Washington median), the median home value is $790,700, the median rent is $2,463/month.
Esperance at a glance
- Population
- 4,189
- Median age
- 36.4State: 38.3
- Median household income
- $148,640State: $98,141
- Median home value
- $790,700State: $564,600
- Median rent
- $2,463/moState: $1,760
- Homeowners
- 74.7%
- Bachelor's degree or higher
- 48.6%
- Average commute
- 28 min
Is Esperance a good place to live?
Pros: Median household income 51% higher than the Washington median; unemployment of 3.2%.
Cons: Home values 40% higher than the state median; an average commute of 28 minutes; a poverty rate of 10.5%.
The weather is best in June to September.
Cost of living in Esperance
Housing is the biggest part of the cost of living. In Esperance the median home value is $790,700, 138% higher than the U.S. median. Renters pay a median of $2,463 per month, which is 19.9% of household income. Homeowners with a mortgage pay $2,483 a month in housing costs.
Esperance median household income
The median household income in Esperance is $148,640 and the income per person is $61,859. 10.5% of residents live below the poverty line (Washington: 9.9%).
Housing in Esperance: homes for sale and rent
- Housing units
- 1,586
- Owner-occupied
- 74.7%
- Renter-occupied
- 25.3%
- Vacant
- 3.8%Includes seasonal homes
- Median year built
- 1964
- Average household size
- 2.71
Esperance demographics
- Population
- 4,189
- Median age
- 36.4
- Under 18
- 20.2%
- 65 and older
- 15.2%
- Households
- 1,526
- Foreign-born
- 16.4%
- Veterans
- 6%Adults 18+
Hispanic or Latino can be of any race. Population history of Esperance ›
Education in Esperance
48.6% of adults 25 and older in Esperance have a bachelor's degree or higher (Washington: 39.6%), and 13.5% have a graduate or professional degree.
Jobs and commute in Esperance
- Unemployment rate
- 3.2%State: 5.1%
- Average commute
- 28 minState: 27 min
- Work from home
- 22.7%
- Drive alone
- 68.5%
- Public transit
- 2.7%
- Walk to work
- 4.3%
- Homes with broadband
- 98.4%
Esperance vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Esperance | 4,189 | $148,640 | $790,700 | $2,463 |
| Edmonds | 42,735 | $122,449 | $890,100 | $1,903 |
| Woodway | 1,251 | $204,583 | $2,000,001 | — |
| Mountlake Terrace | 23,104 | $107,687 | $667,300 | $2,004 |
| Shoreline | 61,431 | $112,751 | $811,100 | $1,985 |
| Lynnwood | 40,110 | $77,704 | $686,900 | $1,742 |
| Brier | 6,545 | $132,045 | $866,600 | $2,318 |
| Lake Forest Park | 13,335 | $159,904 | $953,200 | $2,333 |
| Alderwood Manor | 10,266 | $105,181 | $700,900 | $1,919 |
More for people moving to Esperance
Esperance ZIP code ›Weather and climate ›Living in Esperance: FAQ
What is the median household income in Esperance, WA?
The median household income in Esperance is $148,640, 51% higher than the Washington median of $98,141 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Esperance?
The median home value in Esperance is $790,700, compared with $564,600 in Washington.
How much is rent in Esperance?
The median gross rent in Esperance is $2,463 per month, about 19.9% of household income.
Is Esperance, WA a good place to live?
Pluses: median household income 51% higher than the Washington median; unemployment of 3.2%. Minuses: home values 40% higher than the state median; an average commute of 28 minutes; a poverty rate of 10.5%.
What is the median age in Esperance?
The median age in Esperance is 36.4 years (Washington: 38.3).
How long is the commute in Esperance?
The average commute to work in Esperance is 28 minutes; 22.7% of workers work from home.
What is the unemployment rate in Esperance?
The unemployment rate in Esperance is 3.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Esperance?
48.6% of adults in Esperance have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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