Median home value is about $448,300 — about 29% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,101 (about 5% below the U.S. median rent ($1,163)), and owner-occupancy near 62.8% (about 2.6 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 98273 in Mount Vernon, WA, a household would need roughly $123,000 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 $2,880. That is about 66% above the local median household income ($74,247), 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.