Living in Spokane Valley, Washington
Cost of living, income, home prices, rent and demographics of Spokane Valley · Census data 2020–2024
Spokane Valley has 106,365 residents with a median age of 38.3. The median household income is $74,042 (25% lower than the Washington median), the median home value is $382,300, the median rent is $1,353/month.
Spokane Valley at a glance
- Population
- 106,365
- Median age
- 38.3State: 38.3
- Median household income
- $74,042State: $98,141
- Median home value
- $382,300State: $564,600
- Median rent
- $1,353/moState: $1,760
- Homeowners
- 58.2%
- Bachelor's degree or higher
- 26.5%
- Average commute
- 21 min
Is Spokane Valley a good place to live?
Pros: Home values 32% lower than the state median; an average commute of 21 minutes.
Cons: Median household income 25% lower than the Washington median; unemployment of 5.2%; a poverty rate of 12.9%.
The weather is best in June to September.
Cost of living in Spokane Valley
Housing is the biggest part of the cost of living. In Spokane Valley the median home value is $382,300, 15% higher than the U.S. median. Renters pay a median of $1,353 per month, which is 31.1% of household income. Homeowners with a mortgage pay $1,738 a month in housing costs.
Spokane Valley median household income
The median household income in Spokane Valley is $74,042 and the income per person is $36,791. 12.9% of residents live below the poverty line (Washington: 9.9%).
Housing in Spokane Valley: homes for sale and rent
- Housing units
- 45,467
- Owner-occupied
- 58.2%
- Renter-occupied
- 41.8%
- Vacant
- 5.9%Includes seasonal homes
- Median year built
- 1979
- Average household size
- 2.45
Spokane Valley demographics
- Population
- 106,365
- Median age
- 38.3
- Under 18
- 21.2%
- 65 and older
- 17.6%
- Households
- 42,775
- Foreign-born
- 5%
- Veterans
- 9.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Spokane Valley ›
Education in Spokane Valley
26.5% of adults 25 and older in Spokane Valley have a bachelor's degree or higher (Washington: 39.6%), and 8.3% have a graduate or professional degree.
Jobs and commute in Spokane Valley
- Unemployment rate
- 5.2%State: 5.1%
- Average commute
- 21 minState: 27 min
- Work from home
- 13.3%
- Drive alone
- 74.6%
- Public transit
- 1.3%
- Walk to work
- 1.5%
- Homes with broadband
- 90.3%
Spokane Valley vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Spokane Valley | 106,365 | $74,042 | $382,300 | $1,353 |
| Millwood | 1,890 | $83,068 | $358,900 | $1,134 |
| Liberty Lake | 12,737 | $118,723 | $577,500 | $1,895 |
| Otis Orchards-East Farms | 5,454 | $97,500 | $430,500 | $1,189 |
| Spokane | 230,293 | $70,064 | $363,500 | $1,215 |
| Mead | 6,893 | $77,045 | $408,200 | $1,445 |
| Town and Country | 4,890 | $92,652 | $356,800 | $1,600 |
| Country Homes | 6,198 | $84,653 | $429,400 | $1,286 |
| Green Bluff | 323 | $116,250 | $823,500 | — |
More for people moving to Spokane Valley
Spokane Valley ZIP code ›Weather and climate ›Living in Spokane Valley: FAQ
What is the median household income in Spokane Valley, WA?
The median household income in Spokane Valley is $74,042, 25% lower 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 Spokane Valley?
The median home value in Spokane Valley is $382,300, compared with $564,600 in Washington.
How much is rent in Spokane Valley?
The median gross rent in Spokane Valley is $1,353 per month, about 31.1% of household income.
Is Spokane Valley, WA a good place to live?
Pluses: home values 32% lower than the state median; an average commute of 21 minutes. Minuses: median household income 25% lower than the Washington median; unemployment of 5.2%; a poverty rate of 12.9%.
What is the median age in Spokane Valley?
The median age in Spokane Valley is 38.3 years (Washington: 38.3).
How long is the commute in Spokane Valley?
The average commute to work in Spokane Valley is 21 minutes; 13.3% of workers work from home.
What is the unemployment rate in Spokane Valley?
The unemployment rate in Spokane Valley is 5.2% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Spokane Valley?
26.5% of adults in Spokane Valley 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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