MyNeighborhood

Can you afford to live in Des Moines?

Median household income, home values and rent in Des Moines, WA — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Des Moines.

Median household income: $89,787 — +54.7% since 2015 (not adjusted for inflation)

Median gross rent: $1,727/mo — +58.0% since 2015

Median home value, 2015 to 2023

  • 2015: 254800
  • 2023: 539800

Median household income

  • Des Moines: 89787
  • King County: 122148
  • WA: 94952
  • U.S.: 78538

Median gross rent

  • Des Moines: 1727
  • King County: 2035
  • WA: 1682
  • U.S.: 1348

Share of income a typical renter spends on rent: 39.5% — U.S.: 30.2%

What it means

The typical household here earns $89,787 — notably higher than the national figure of $78,538.

The typical renter here spends 39.5% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, rent has risen faster than income here (+58.0% versus +54.7%), before adjusting for inflation.

Sources

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