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Grant County, WA

Moses Lake

RANK #651 / 996 NAT  ·  #12 / 21 WA  ·  POP 99,145

1YR FORECAST: -0.5%

5YR OUTLOOK: +20%

Our model projects Grant County's housing market at -0.5% over the next year, underperforming most U.S. counties.

[01] Why Grant County?

Grant County, Washington, is distinguished by the Grand Coulee Dam, one of the largest concrete structures globally and a major hydroelectric power producer. Located in central Washington's Columbia Basin, the county seat is Ephrata, with Moses Lake as its largest city. The community offers a relaxed, rural atmosphere with abundant sunshine and access to over 140 lakes and reservoirs. Outdoor recreation is a significant draw, featuring opportunities for boating, fishing, hiking, and off-roading at places like Potholes State Park and the Columbia National Wildlife Refuge. Commute options within the county include public fixed-route transportation and Dial-A-Ride services provided by the Grant Transit Authority, which has been zero-fare since 2020.

Life in Grant County offers an affordable cost of living and a strong sense of community, appealing to families and those seeking a quieter lifestyle. The economy, historically rooted in agriculture and food processing, continues to rely on these sectors, with a diverse range of crops. Recent economic developments show growth in manufacturing, including advanced materials and aerospace, alongside an emerging clean energy sector. The presence of Grant County International Airport, capable of handling large aircraft, supports aerospace activities. Local public schools are spread across several districts, including Moses Lake, Ephrata, and Quincy.

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

GDP Growth
+0.8%

Well below national median

Home Prices
+0.7%

Below national median

Climate & Terrain
0.6

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 3.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    Agriculture, Forestry, and Fishing Agriculture
    10,000+
  2. 2
    Local Government (including Education) Government
    5,000+
  3. 3
    Health Care & Social Assistance Healthcare
  4. 4
    Manufacturing Manufacturing
    2,500+
  5. 5
    Retail Trade Retail
  6. 6
    Genie Industries, Inc. (Terex/Genie) Manufacturing
  7. 7
    ConAgra Foods Inc. Manufacturing
  8. 8
    J.R. Simplot Co. Manufacturing
  9. 9
    National Frozen Foods Manufacturing
  10. 10
    Microsoft (Data Centers) Technology

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

[04] Home Value Growth vs National

Grant County U.S. National

The Numbers

DEMOGRAPHICS
Population
99,145
+1.3% YoY
Median Household Income
$66,387
Median Home Value
$244,500
+0.73% 12mo
Median Rent
$979
Average Annual Pay
$63,558
+5.4% YoY
Employment
43,158
+1.4% YoY
Income-to-Home-Value
0.2715
More affordable than average
Migration Inflow
2.71%
of pop. from another state
Bachelor's Degree+
17.7%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$355,500
Days on Market
69
Slower market
Months of Supply
6.2
Buyer's market
Sale-to-List Ratio
96.7%
Negotiation room for buyers
Sold Above List
15.7%
Listings w/ Price Drops
20.2%
Building Permits (2024)
552
Single-Family Permits
463

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

[05] Crime & Safety

B-
SAFETY
GRADE
Homicide Rate
4.7
per 100K · nat avg 6.3
Firearm Fatalities
13.3
per 100K · nat avg 14.8
Injury Deaths
79.0
per 100K · nat avg 76.3
vs National Average
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)
29.0
Good
Good Air Days
81%
889 of 1,095 days
Unhealthy+ Days (3yr)
15
Includes 4 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
25
2022
30
2023
32
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

$1,690M
TOTAL
PROJECT AMOUNT STATUS
Dry Falls Solar Project
NextEra Energy Resources
$900M Proposed
Appledale Energy Center
Hawthorne Renewable Energy (HWNRE)
$300M Planned
Royal Slope Energy Center (Solar & Battery Storage)
Clearway Energy Group (Royal Slope LLC)
$260M Under Construction
SR Quincy Valley Solar Project
Silicon Ranch
$130M Under Construction
Salcido Enterprises Data Centers (Wheeler, Broadway, Fortress)
Salcido Enterprises, LLC
$50M Operating
Grant County PUD Transmission Capacity Upgrades
Grant County Public Utility District (PUD)
$50M Planned

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

[08] Score Breakdown

GDP Growth +0.8% 14 percentile
Population Growth +1.3% 79 percentile
Income Growth +4.4% 2 percentile
Vacancy Rate 1.1% 47 percentile
Home Price Change +0.7% 41 percentile
Rent Growth -0.3% 9 percentile
Price/Rent 13x 54 percentile

Bars show percentile rank among all 996 counties.

[09] Frequently Asked Questions

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

At 34/100, Grant County faces headwinds that place it in the lower third of the 996 counties we track. Median income of $66,387 combined with job growth of +1.4% suggests the local economy is struggling to keep pace with national trends.

Is Grant County affordable?

Housing in Grant County is roughly in line with national affordability norms. The median home costs $244,500 and the income-to-home-value ratio sits at 0.27, with rents averaging $979/month. Not a bargain, but not a stretch for most local earners either.

Is Grant County growing or shrinking?

Grant County is growing on multiple fronts. Population is up +1.3% year-over-year while employers added jobs at a +1.4% clip. Home values shifted +0.7% in the past year.

Are people moving to Grant County?

There's a moderate stream of newcomers. About 2.71% of residents moved from another state, which is above average and suggests Grant County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[10] Similar Counties by Size & Score

Snohomish County, WA 34 Whatcom County, WA 34 Thurston County, WA 32 Clark County, WA 32 Lewis County, WA 37 Walla Walla County, WA 31 Campbell County, KY 34 Carver County, MN 34