Spokane Valley, Washington

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2022 5-Year Estimates
103,761
Population
$66,483
Median Income
$307,700
Home Value
37.4
Median Age

Demographics

Spokane Valley has a population of 103,761 with a median age of 37.4. Here is the racial and ethnic breakdown of the population:

White
85.9%
Hispanic
7.1%
Other
3.8%
Asian
1.7%
Black
1.5%
Demographic Value
Total Population103,761
Median Age37.4
White85.9%
Black or African American1.5%
Asian1.7%
Hispanic or Latino7.1%
Other / Two or More Races3.8%

Income & Economy

The median household income in Spokane Valley is $66,483, which is 11.5% below the national median of $75,149. The per capita income is $33,650. The poverty rate is 11.5%.

$66,483
Median Household Income
$33,650
Per Capita Income
11.5%
Poverty Rate

Employment

The unemployment rate in Spokane Valley is 5.8%, compared to the national rate of 5.4%.

Education

In Spokane Valley, 94.2% of residents age 25+ have a high school diploma or higher, and 25.3% hold a bachelor's degree or higher (8.3% with a graduate or professional degree).

HS Diploma+
94.2%
Bachelor's+
25.3%
Graduate+
8.3%
Education Level % of Adults (25+)
High School Diploma or Higher94.2%
Bachelor's Degree or Higher25.3%
Graduate or Professional Degree8.3%

Housing

The median home value in Spokane Valley is $307,700, above the national median of $281,900. The median monthly rent is $1,175. The homeownership rate is 57.7%.

$307,700
Median Home Value
$1,175/mo
Median Rent
57.7%
Homeownership Rate
Housing Metric Value
Median Home Value$307,700
Median Monthly Rent$1,175
Homeownership Rate57.7%
Vacancy Rate5.4%

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Frequently Asked Questions

What is the population of Spokane Valley, Washington?
The population of Spokane Valley, Washington is 103,761 according to U.S. Census Bureau ACS 2022 5-Year Estimates.
What is the median household income in Spokane Valley, Washington?
The median household income in Spokane Valley, Washington is $66,483. This is 11.5% below the national median of $75,149.
What is the median home value in Spokane Valley, Washington?
The median home value in Spokane Valley, Washington is $307,700. The median monthly rent is $1,175.
What percentage of people in Spokane Valley have a college degree?
In Spokane Valley, Washington, 25.3% of adults age 25 and older hold a bachelor's degree or higher, and 94.2% have a high school diploma or higher.
Is Spokane Valley, Washington an affordable place to live?
The home price-to-income ratio in Spokane Valley, Washington is 4.6x (median home value $307,700 vs. median income $66,483), making it moderately affordable by that measure. A ratio under 4.0 is generally considered affordable.

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