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Chelan County, WA

Wenatchee

RANK #857 / 996 NAT  ·  #20 / 21 WA  ·  POP 79,076

1YR FORECAST: -0.9%

5YR OUTLOOK: +14%

Our model projects Chelan County's housing market at -0.9% over the next year, underperforming most U.S. counties.

[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] Top Employers

  1. 1
    Confluence Health Healthcare
    2,500+
  2. 2
    Chelan County PUD Energy
    500+
  3. 3
    Mission Ridge Ski & Board Resort Hospitality
    250+
  4. 4
    Blue Bird, Inc. Agriculture
  5. 5
    Pacific Aerospace & Electronics Manufacturing
  6. 6
    Wenatchee Valley College Education
  7. 7
    Campbell's Lodge, Inc. Hospitality
  8. 8
    WA State Department of Transportation Government
  9. 9
    Cascade Medical Healthcare
    100+
  10. 10
    Peshastin Hi-Up Growers Agriculture

Estimated local headcount ranges. Larger employers shown as floor + "+"; smaller employers show exact counts where reported.

[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
Bachelor's Degree+
29.5%
of residents (national avg: 33%)

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] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.6
per 100K · nat avg 6.3
Firearm Fatalities
14.1
per 100K · nat avg 14.8
Injury Deaths
84.6
per 100K · nat avg 76.3
vs National Average
Well below national avg
based on homicide rate

Source: CDC/NCHS vital statistics via County Health Rankings (2020–2022 avg). Rates per 100,000 population. Grade based on homicide rate relative to national average (~6.3). Learn more →

[06] Air Quality

B+
AIR QUALITY
GRADE
Median AQI (3yr)
33.0
Good
Good Air Days
74%
805 of 1,095 days
Unhealthy+ Days (3yr)
33
Includes 4 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
31
2022
34
2023
34
Median AQI · lower is better

Source: EPA Air Quality System (2021–2023). Grade based on 3-year average median AQI. Learn about AQI →

[07] 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.

[08] 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.

[09] Frequently Asked Questions

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

The data is not encouraging — Chelan County scores just 13/100 on the Boom Town Index, ranking #857 of 996 counties. Job growth at -1.0% and median household income of $71,876 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Chelan County affordable?

Chelan County leans toward the expensive side. A median home value of $412,300 against an income-to-home-value ratio of 0.17 means housing eats a bigger share of local earnings than the national norm. Renters face $1,142/month on average.

Is Chelan County growing or shrinking?

Chelan County's population is growing — up +0.7% YoY — while the job market is roughly flat (employment change of -1.0%). Home values shifted +0.4% over the past year. In-migration is outpacing local hiring, which often points to remote workers or retirees driving the headcount.

Are people moving to Chelan County?

There's a moderate stream of newcomers. About 4.48% of residents moved from another state, which is above average and suggests Chelan County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

King County, WA 3 Spokane County, WA 27 Kitsap County, WA 28 Benton County, WA 29 Walla Walla County, WA 31 Thurston County, WA 32 Spalding County, GA 13 Terrebonne Parish, LA 13