Cost of Living in Spokane Valley, WA
Population: 105,460 • 2026 Data
$70,722
Median Household Income
-9% vs national
$1,247
Median Monthly Rent
-7% vs national
$344,300
Median Home Value
+2% vs national
5.8%
Unemployment Rate
Housing in Spokane Valley
The median home value in Spokane Valley, WA is $344,300. Monthly rent for a typical unit averages $1,247, while total monthly housing costs (including utilities and insurance) average $1,255.
Rent-to-income ratio: 21.2%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Spokane Valley, WA is $70,722. The unemployment rate stands at 5.8%, with a labor force of 54,462 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.