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Anacortes city, WA

ZIP 98221 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98221

Median Home Value
$659,800
Median Rent
$1,416
Affordability Snapshot
$182,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,238/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

7.1x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

38.8 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 98221 in Anacortes city, WA, a household would need roughly $182,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,238. That is about 96% above the local median household income ($92,925), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 15% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
72.9%+11% vs US avg
x
Vacancy Rate
14.7%+43% vs US avg
x
Broadband Access
91.8%+5% vs US avg
x
4+ Bedrooms
3.2%-79% vs US avg
x
Built Pre-1939
3.2%-75% vs US avg
x
Built Post-2014
1.1%-85% vs US avg
x
Rent Burden >30%
21.5%-57% vs US avg
x
Mortgage-Free
43.4%+13% vs US avg
x
$659,800
Home Value
$1,416
Rent
1989
Year Built
2013
Moved In

Residents have lived here since ~2013 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached80.6%
  • 1-unit attached3.4%
  • 2-9 units7.4%
  • 10+ units4.5%
  • Mobile home & other4.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$659,800
Median rent$1,416
Owner-occupied72.9%
Vacant14.7%
Price-to-income7.1x
Est. income to buy$182,000