Mead, WA

Full City Profile · Washington · Spokane County County

3.5 /5.0
B+ Good
7,184 Population 990/sq mi density
$76,010 Median Income $35,601 per capita
$379,600 Home Value $514,406 Zillow
$1,216 Median Rent 28.4% income on rent
50°F Avg Temperature
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.4 / 5.0
$76,010 median income, 9.2% unemployment
B+
Affordability
3.9 / 5.0
$379,600 home value, $1,216/mo rent
B
Education
3.1 / 5.0
26.8% bachelor's degree or higher

Housing Overview

Median Home Value
$379,600
35% above
US avg: $281,900
Median Rent
$1,216/mo
5% above
US avg: $1,163/mo
Homeownership Rate
89.5%
37% above US avg (65.4%)
Total Housing Units
2,741
Median year built: 1990

Home Value by Source

Census Median
$379,600
Zillow (ZHVI)
$514,406
Redfin Median Sale
$432,300
Median Sale Price
$432,300
Median List Price
$577,475
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

89.5%
Owner-Occupied
10.5%
Renter-Occupied
90%
11%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent: $1,216/mo

Market Indicators (Redfin)

Median Sale Price
$432,300
Median Days on Market
90 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
8
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$209
Active Inventory
5
homes for sale

Affordability & Housing Stock

Rent Burden
28.4%
of renters spending 30%+ of income on housing
8% below US avg (31.0%)
Median Year Built
1990
Average age of housing stock: 36 years
Homeownership Rate
89.5%

Complete Housing Data

Home Values

Census Median Value$379,600
Zillow Home Value (ZHVI)$514,406
Redfin Median Sale$432,300
Median Sale Price$432,300
Median List Price$577,475
Price Per Sq Ft$209

Rent

Census Median Rent$1,216
FMR Studio$1,082
FMR 1-Bedroom$1,180
FMR 2-Bedroom$1,472
FMR 3-Bedroom$2,003
FMR 4-Bedroom$2,351

Market

Days on Market90
Sale-to-List Ratio1.0%
Price Drops20.0%
Homes Sold8
Active Inventory5
Price Per Sq Ft$209

Ownership & Stock

Owner-Occupied89.5%
Renter-Occupied10.5%
Homeownership Rate89.5%
Total Housing Units2,741
Median Year Built1990
Rent Burden28.4%