Cost of Living in Spanaway, WA
Population: 34,322 • 2026 Data
$94,028
Median Household Income
+21% vs national
$1,782
Median Monthly Rent
+32% vs national
$401,000
Median Home Value
+18% vs national
4.8%
Unemployment Rate
Housing in Spanaway
The median home value in Spanaway, WA is $401,000. Monthly rent for a typical unit averages $1,782, while total monthly housing costs (including utilities and insurance) average $1,795.
Rent-to-income ratio: 22.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Spanaway, WA is $94,028. The unemployment rate stands at 4.8%, with a labor force of 17,099 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.