To sell your home in Sammamish, you must know first if it is worth it. Sammamish is a city in King County in Washington. The city has an estimated population of 65,892 people. So is it worth it to live in Sammamish?
In this article, we will explore some of the pros and cons of living in Sammamish in case you want to sell your house in Sammamish.
On HelloPad you can get some of the best deals for your home in Sammamish.
Overview of Sammamish
Median Cost of houses the median cost of homes in Sammamish is placed at $905,000 which is almost 4x the average median cost of homes in the US. If you want to sell your house in Sammamish, this can be a good enough reason considering your home is worth more in Sammamish than in most other parts of the US. With HelloPad you have even more assurance of getting the best off-market sale prices for your house.
The median cost of rent in Sammamish is another reason to reconsider living in Sammamish. With a median rent of $2,500 far higher than the US average of $1100, one may consider moving to a cheaper city within the state.
- Job Market
The job market in Sammamish is relatively favorable with an unemployment rate of 2.8% lower than the national unemployment rate of 3.7%, Sammamish holds a lot of promise for job seekers.
Also, with an income per capita of almost $62,000 (double the national income per capita) and the median income of $144,775 (almost 5x the national median income), the job market is a favorable factor to consider living in Sammamish. Through a more in-depth analysis of the salary structure in Sammamish, we discover every profession earns higher in Sammamish than the US national average.
If you want to sell your home in Washington, you have to consider the job market potential of whichever state you are going to move to.
- Cost of Living
If you sell your house in Sammamish and move to another city, the cost of living may be a driving factor. With a cost of living that is almost double the national average, Sammamish is one of the most expensive cities to live in Washington even as Washington is one of the most expensive states to live in.
The high cost of living in this city is propagated by the high cost of housing, the high cost of transportation, and even more basic things such as groceries and miscellaneous expenditures.
If the cost of living in Sammamish is too high to be reconsidered, take the first step by visiting HelloPad.
The population is another factor to be considered. Many people tend to avoid living in a densely populated city such as New York City, San Francisco, etc.
In Sammamish, the population is estimated to be 65,892 (2019 Census). The population density is placed at 3077 people per square mile which makes it a moderately populated city.
- Housing Stats
If you want to sell your house in Sammamish, it is important to get some figures so you can apply perspective to your decision.
In Sammamish, owner-occupied homes make up 84% of the homes while rented houses make up just 13.4% of homes. Home appreciation in Sammamish has been up by 5.4% in the last year.
With the wealth of information concerning the housing market in Sammamish, HelloPad can help you with the required resource if you want to sell your home in Sammamish or anywhere else in Washington.
On HelloPad, there’s a surety of getting the right value for your property if you want to sell your home in Washington (any city including Sammamish). We hope that you enjoyed this article and it answered your question of; “So is it worth it to live in Sammamish?”