Seattle tech salaries are high but home prices higher. Amazon engineers earning $142K still fall $45K short of the income needed for the median home. Renton (14 miles south) offers the nearest affordable inventory.
At today's 6.7% mortgage rate with 20% down, the monthly PITI on Seattle's median home is $4,956. To keep housing under 36% of gross income (the back-end DTI threshold most lenders use), you need $187,000/year — 203% of the city's median income.
The local median income of $92,000 leaves a gap of $95,000/year. This means the median household needs to earn 103% more to comfortably qualify for the median home.
These are market averages. Your situation depends on your income, debts, and credit.
← All CitiesSource: BLS OEWS 2024, Zillow ZHVI May 2026, FRC Underwriting Model. Not financial advice. Educational analysis only.
Prices and salaries tell you what a house costs here. They do not tell you whether a lender will approve the loan.
A 26.6-point spread between the busiest FHA lenders here.
CFPB HMDA 2025, computed by FinanceRateCalc. Covers the highest-volume lenders published per market, not all lenders. Rates reflect applicant mix as well as lender practice — historical observations, not predictions. CC BY 4.0, not independently reproduced.