Spokane, WA

About Spokane

Spokane is calling, and with good reason. This up-and-coming city offers a lifestyle that's hard to beat, especially when you consider the affordability. Imagine strolling to your favorite coffee shop or the local market, thanks to a remarkable walk score of 96 – far exceeding the national average. With a median home value of just $280,000, significantly below the national median, getting into the market here is a real possibility, and with median rent at a mere $646, it's easy to see why so many are choosing to call Spokane home. The city's transit score of 71 and a bike score of 66 further enhance the ease of getting around, making car-free living a viable option for many. From an investment perspective, Spokane presents a compelling case. While the median household income of $45,400 is below the national average, the lower cost of living, coupled with an affordability index of 19, means your dollar goes much further here. The unemployment rate is at 5.1%, making it a bit higher than the national average, but the overall safety of the area, with a violent crime rate of 3.7 per 1,000 residents, adds to its appeal, making it an ideal place for young professionals, families, and those seeking a more relaxed pace of life. The homeownership rate sits at 5.0%, indicating a good opportunity for investment. Beyond the practicalities, Spokane offers a high quality of life. The air quality is exceptionally good, with an AQI of 20, and the noise level is remarkably quiet, allowing you to truly unwind. Those seeking an escape from the hustle and bustle of city life will find a welcome respite here. With electricity rates at a very competitive 5.7¢/kWh and a climate that offers the beauty of all four seasons, Spokane is a hidden gem that's quickly becoming a sought-after destination.