Capital Real Estate Washington

HOUSING

Via the Multiple Itemizing Service of Thurston County, there have been 2928 residential properties sold for the year of 2005. The common market time of properties offered was 45 days, and so they acquired ninety nine% of listed price. The average list value of obtainable residential properties was $220,000 with the average offered worth being $242,300 in all areas. As of this writing, there are 1038 residential listings obtainable, with a median price of $237,900. The average residence hire in 2005 was $655 for Thurston County; Olympia $624, Lacey $677 and Tumwater $686.

 
POPULATION

As of the yr 2004, the inhabitants of Thurston County was 218,500, which shows a mean annual rate of change of 2.5% since 1990. County total population in yr 2005, is 236,420.

 
EMPLOYMENT SUMMARY

The annual unemployment rate in Thurston County was 5.7% in 2003. Thurston County, traditionally, has a jobless rate decrease than the state level, which was 7.5%. The United States unemployment rate was 6%. The most important number (48%) of employees work for the Authorities, 23% are employed in Providers, and subsequent is 17% are employed in Retail Trade. The median family revenue for Thurston County in 2003 was $fifty two,764, Olympia $40,846, Lacey $43,848 and Tumwater $43,329.

 
PROPERTY TAXES

The average levy rate in Thurston County for 2004 assessments for taxes payable in 2005 is roughly $13.eleven per thousand dollars of assessed value. Distribution - 37% of tax dollars go in the direction of local schools, 20% goes toward state colleges, 12% goes toward county, and 10% goes towards cities and towns. The remaining goes in the direction of roads, cemetery and hearth districts, Timberland Library, and Medic One. The assessed valuation could differ from completely different school districts.

 
COST OF LIVING INDEX

Composite index for Olympia, Lacey, and Tumwater 99.eight
Grocery 104.three, Housing 89.7, Utilities 89.three, Transportation, 87.0, Well being care 119.9, Miscellaneous items and providers 106.9. This index is for the first quarter of 2005.

For more complete and detailed info, contact the Thurston Regional Planning Council or visit their website: www.trpc.org.