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Kirkland is a medium-sized metropolis in King County, Washington, positioned on the japanese shore of Lake Washington.

The price of dwelling index used right here is predicated on the US common as 100. An quantity under 100 means Kirkland is cheaper than the US common. A price of dwelling index above 100 signifies that Kirkland, WA is dear. The price of dwelling in Kirkland is $179.2, which is larger than the nationwide common.

Please notice that these numbers are approximate and will range relying in your particular person circumstances.

Kirkland presents an attention-grabbing choice for costlier housing based mostly close to King County, Washington. Median dwelling costs common greater than $1.1 million, and rents usually attain round $3,000 relying on desired facilities, considerably larger than different elements of the Evergreen State reminiscent of Redmond and Bothell. It’s positioned additional east.

“Kirkland’s average cost of living is $2,747 (plus rent for one person, $6,339 for a family of four), putting it in the top 2% of most expensive cities in the world and rated 9,294 cities worldwide. It was ranked 205th out of 200 in the United States, 170th out of 2202 in the United States, and 4th out of 54 in Washington.

“According to C2ER (Council for Community Economic Research), the cost of living in Kirkland is estimated to be 156.7% of the national average, making it one of the most expensive cities in the United States.”

Let’s check out how a lot of the full value goes to housing. As talked about above, the median dwelling worth in Kirkland is $1.1 million as of September 2023. If we break down town by zip code, the price of housing within the south and downtown space positioned in zip code 98033 is even larger at $1.5 million. ZIP code 98034, North Kirkland, can be $900,000.

Houses (single-family properties) in Kirkland will value $1,400,000 and condos will value $587,500.

One-bedroom properties in Kirkland value about $401,500 ($574,750 in zip code 98033 and $365,000 in zip code 98034).in line with rental com, The common lease for a one-bedroom residence in Kirkland is at the very least $1,750.

A two-bedroom dwelling in Kirkland prices $575,000. Bear in mind that dwelling costs will improve. So for a two-bedroom dwelling, you’d want $1,142,000, however for a condominium, that complete can be $532,000. The common lease for a 2-bedroom residence in Kirkland, WA is $2,300 per thirty days.

The acquisition worth for a three-bedroom house is $1.1 million, a residential property is $1,102,500, and a condominium is $1,017,500. The common lease is over $3,500 per thirty days.

4 bedrooms or extra prices $1,649,000. Houses will value about $1.65 million, and condos will value $1,459,750. Lease for a property of this measurement is presently round $5,300 per thirty days (or extra).

Professionals and cons of dwelling in Kirkland, Washington

Kirkland is a wonderful and extremely sought-after place to reside, with a wealthy tradition and vibrant economic system. Nonetheless, like all metropolis, it additionally has its drawbacks. Here is a fast abstract of the professionals and cons of dwelling in Kirkland, Washington.

Robust Factors

  • Solely 20-Half-hour from Seattle

  • stunning waterfront park

  • Vigorous downtown space stuffed with eating places, artwork galleries, and boutique outlets

  • Ample alternatives for outside recreation

  • household pleasant environment

  • Extremely rated public college

  • low crime charge

  • Identified for its wineries.

Cons

  • The price of dwelling is excessive in comparison with the nationwide common.

  • Actual property costs are excessive

  • lease is excessive

  • excessive consumption tax charge

  • A variety of rain and cloudy skies

  • Resulting from its central location, site visitors congestion is more likely to happen.

complete: 173

Groceries: 108.8

well being: 85.2

housing: 312

utility: 69.8

Transportation amenities: 135.6

others: 120.6

Median dwelling worth: $1,100,000 (as of September 2023)

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