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Snohomish County, WA

RANK #939 / 1001 NAT  ·  #20 / 21 WA  ·  POP 844,430

1YR FORECAST: -1.6%

5YR OUTLOOK: +16%

Our model projects Snohomish County's housing market at -1.6% over the next year, underperforming most U.S. counties.

[01] Why Snohomish County?

Snohomish County, Washington, offers a distinctive blend of natural beauty and community character, situated between the Puget Sound and the Cascade Mountains, about 30 minutes north of Seattle. The city of Snohomish, known as the "Antique Capital of the Northwest," features a walkable historic downtown with antique dealers, boutiques, and local eateries. The county boasts extensive outdoor recreation, including over 400 lakes, major river systems for kayaking and rafting, and numerous parks with miles of trails for hiking and biking. Popular spots include the 30-mile Centennial Trail and Lord Hill Regional Park, offering forested trails for various activities.

Life in Snohomish County appeals to families and individuals seeking a balance between natural surroundings and access to urban amenities. Commute options to Seattle are available via public transportation, including bus and Sounder Commuter Rail services. The county's economy is significantly driven by the aerospace industry, with Boeing's largest aircraft manufacturing complex located in Everett, the county seat. Other key sectors include agriculture, life sciences, and technology manufacturing. Snohomish County also has multiple school districts, such as Everett Public Schools and Snohomish School District, which prepare students for post-secondary education.

MARKET PROFILE

Western Premium Correction

Snohomish County is one of 78 U.S. counties in this market profile — weaker than typical on the BoomTown Index. Within this cohort, its recent home-price change of -1.7% runs below the profile's typical -0.8%.

See all 78 Western Premium Correction counties →

[02] Market Snapshot

Housing Ratio
23.3x

Overvalued relative to economy

Home Prices
-1.7%

Prices declining

Climate & Terrain
4.7

Favorable climate & terrain

Price/Rent
27x

Speculative pricing

Housing looks overvalued at 23.3x — home prices are high relative to local economic output. Climate and geography support a structural premium. The typical U.S. county is 4–6x.

[03] Top Employers

  1. 1
    The Boeing Company Manufacturing
    25,000+
  2. 2
    Providence Regional Medical Center Healthcare
    10,000+
  3. 3
    School Districts of Snohomish County Education
    5,000+
  4. 4
    Naval Station Everett Military
  5. 5
    Washington State Government Government
  6. 6
    Snohomish County Government Government
  7. 7
    Tulalip Tribes Other
    2,500+
  8. 8
    Premera Blue Cross Finance
  9. 9
    Albertsons/Safeway Retail
    1,000+
  10. 10
    The Everett Clinic Healthcare

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

[04] Home Value Growth vs National

Snohomish County U.S. National

Bars show trailing 12-month growth. The dashed Forecast bars are the model's next-12-month projection; the whisker marks the ±1% range (cooling–accelerating).

The Numbers

DEMOGRAPHICS
Population
844,430
+1.17% YoY
Median Household Income
$111,246
Median Home Value
$696,000
-1.67% 12mo
Median Rent
$1,949
Average Annual Pay
$84,297
+5.5% YoY
Employment
299,337
+0.6% YoY
Income-to-Home-Value
0.1598
Less affordable than average
Migration Inflow
3.5%
of pop. from another state
Bachelor's Degree+
38.2%
of residents (national avg: 33%)

Market Activity

REAL ESTATE
Median Sale Price
$760,000
Days on Market
13
Very hot — homes selling fast
Months of Supply
2.4
Seller's market
Sale-to-List Ratio
100.0%
Near asking price
Sold Above List
31.2%
Listings w/ Price Drops
38.9%
Building Permits (2025)
3,372
Single-Family Permits
1,909

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

[05] Crime & Safety

B+
SAFETY
GRADE
Homicide Rate
2.8
per 100K · nat avg 6.3
Firearm Fatalities
9.4
per 100K · nat avg 14.8
Injury Deaths
75.9
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)
37.3
Good
Good Air Days
64%
704 of 1,092 days
Unhealthy+ Days (3yr)
29
Includes 4 Very Unhealthy
Primary Pollutant
PM2.5
Fine particulate matter
Yearly Trend
2021
35
2022
39
2023
38
Median AQI · lower is better

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

[07] Score Breakdown

Population Growth +1.2% 71 percentile
Income Growth +3.0% 57 percentile
Vacancy Rate 0.8% 66 percentile
Home Price Change -1.7% 13 percentile
Rent Growth +0.8% 18 percentile
Price/Rent 27x 2 percentile

Bars show percentile rank among all 1001 counties.

[08] Frequently Asked Questions

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

The data is not encouraging — Snohomish County scores just 5/100 on the Boom Town Index, ranking #939 of 1001 counties. Job growth at +0.6% and median household income of $111,246 reflect an economy that has been contracting or stagnating relative to the rest of the country.

Is Snohomish County affordable?

Snohomish County leans toward the expensive side. A median home value of $696,000 against an income-to-home-value ratio of 0.16 means housing eats a bigger share of local earnings than the national norm. Renters face $1,949/month on average.

Is Snohomish County growing or shrinking?

Snohomish County's population is growing — up +1.2% YoY — while the job market is roughly flat (employment change of +0.6%). Home values shifted -1.7% 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 Snohomish County?

There's a moderate stream of newcomers. About 3.5% of residents moved from another state, which is above average and suggests Snohomish County has appeal as a relocation destination — though it's not among the highest-inflow counties nationally.

[09] Similar Counties by Size & Score

Grant County, WA 6 Clallam County, WA 6 King County, WA 1 Whatcom County, WA 12 Clark County, WA 14 Spokane County, WA 16 Lee County, FL 5 Wake County, NC 5