9 / 100

Chelan County, WA

RANK #907 / 996  ·  POP 79,076  ·  WA

PROJECTED GROWTH: -1.8%

Chelan County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Chelan County?

Chelan County, Washington, is distinguished by its Bavarian-themed village of Leavenworth, a popular tourist destination nestled in the Cascade Mountains. The county, located in north-central Washington, is approximately a two-hour drive from Spokane and Seattle, offering a mountain community feel with access to larger cities. Its landscape features snow-covered peaks, glacier-fed lakes, and expansive forests, with over 80% of the land publicly owned. This natural setting provides extensive outdoor recreation, including hiking in the Wenatchee National Forest, boating and swimming in Lake Chelan, and winter sports like skiing and snowshoeing.

Life in Chelan County is characterized by its natural beauty and recreational opportunities, attracting both families and retirees. The local economy is largely driven by agriculture, particularly tree fruit like apples, pears, and cherries, and a growing wine industry. Tourism also plays a significant role, drawing nearly 2.6 million overnight visitors in 2024. Recent economic developments include investments in data centers and the energy sector, leveraging the county's hydroelectric power resources. The Chelan County Public Utility District, a major power producer, provides electricity at rates below the national average.

[02] Market Snapshot

Housing Ratio
5.9x

Above national median (4.7x)

GDP Growth
-1.2%

Contracting economy

Home Prices
+0.4%

Well below national median

Climate & Terrain
1.6

Moderate climate & terrain

Price/Rent
20x

Above national median (13x)

Housing is fairly valued at 5.9x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Chelan County U.S. National

The Numbers

DEMOGRAPHICS
Population
79,076
+0.72% YoY
Median Household Income
$71,876
Median Home Value
$412,300
+0.4% 12mo
Median Rent
$1,142
Average Annual Pay
$57,540
+6.2% YoY
Employment
44,962
-1.0% YoY
Income-to-Home-Value
0.1743
Less affordable than average
Migration Inflow
4.48%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$545,000
Days on Market
47
Moderate pace
Months of Supply
5.1
Buyer's market
Sale-to-List Ratio
97.7%
Negotiation room for buyers
Sold Above List
14.0%
Listings w/ Price Drops
20.1%
Building Permits (2024)
762
Single-Family Permits
332

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,110M
TOTAL
PROJECT AMOUNT STATUS
Microsoft Data Center Campus Interconnection
Microsoft / Chelan County PUD
$500M Under Construction
Helion Fusion Energy Generation Project (Orion)
Helion Energy
$500M Under Construction
Rock Island Hydro Modernization (Turbine-Generator Units)
Chelan County PUD
$60M Completed
Chelan River Heights (Residential Development)
Chelan Valley Housing Trust
$50M Proposed

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth -1.2% 4 percentile
Population Growth +0.7% 62 percentile
Income Growth +10.8% 88 percentile
Vacancy Rate 0.9% 62 percentile
Home Price Change +0.4% 36 percentile
Rent Growth -0.8% 6 percentile
Price/Rent 20x 9 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Chelan County, WA a good place to move to?

Chelan County has a Boom Town Index score of 9/100, ranking #907 among 996 U.S. counties. With job growth at -1.0% and a median household income of $71,876, it faces some economic headwinds compared to faster-growing counties.

Is Chelan County affordable?

The median home value in Chelan County is $412,300 with median rent at $1,142/month. The income-to-home-value ratio is 0.1743, which is less affordable than the national average.

Is Chelan County growing or shrinking?

Population growth: +0.7% year-over-year. Job growth: -1.0%. Home values changed +0.4% in the past 12 months.

Are people moving to Chelan County?

Yes — 4.48% of Chelan County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

Santa Rosa County, FL 19 Forrest County, MS 19 Fayette County, GA 19 Umatilla County, OR 19 Contra Costa County, CA 19 Chatham County, NC 19 Lafayette Parish, LA 19 Putnam County, TN 19