Spokane is a highly populated city located in the state of Washington. The city has a population of 212,078 inhabitants. In Spokane, there are 3,084 people per square mile, which is well above the national population density average. If we take a look at the last Census, the vast majority of the population falls within one racial group (86% White). Given that fact, Spokane could be considered less diverse than other cities. If you are looking for a family friendly city, Spokane might be a good fit as 70% of the population over 15 years old are married, and 61% have kids who are 18 years old or younger.
If you’re considering moving to any new city, it could be a very discouraging task. However, it could also be a fulfilling experience if you are willing to get to know the town before actually living in Spokane, Washington. With useful information like amenities, cost of living, weather, employment, housing and other key data points, finding the best places to live in Spokane and in the areas around Spokane is a much easier task.
The livability score in Spokane is 69/100 and the city is ranked in the 57th percentile of all cities across America. If we take a closer look at each of the categories on their own, we see that Spokane ranks well for amenities (A+) and cost of living (B-). There is at least one category that did not score well in Spokane. The following was graded with a disappointing score: crime (F) and employment (D).
Based on the proximity of local amenities like grocery stores, restaurants, coffee shops, parks, librairies, etc., Spokane has received a higher than average score for its local amenities. If you’re planning on relocating and making this area your permanent home, it’s nice to know that there is an ample amount of amenities and things to do within walking distance or a short drive. Some of the interesting things to do and attractions include: Riverfront Park, Manito Park, and Downtown Spokane.
Assuming that Spokane meets all of your requirements, the next most important item to examine is the affordability of real estate in Spokane. Everything else becomes a lot less important if it turns out that home prices in Spokane are simply unattainable. The median home price for Spokane homes is $160,800, which is 40.3% lower than the Washington average. If we take a closer look at the affordability of homes in Spokane, we’ll see that the home price to income ratio is 3.7, which is 14% lower than the Washington average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Spokane were 11.3%, and the 5 year appreciation rates came in at 7.7%.
|Manitocannon Hill, Spokane||79||2.4||4,778|
|Lincoln Heights, Spokane||78||3.8||14,131|
|North Indian Trail, Spokane||77||6.1||7,003|