Rent is higher than in 82% of U.S. cities. Household incomes are higher than in 87% of U.S. cities. A typical house costs about 4.0 years of household income. Most homes (87.5%) are owned, so rentals can be hard to find.
How much money do I need?
To rent here comfortably, you should earn about $95,040 a year. That is $46 an hour at a full-time job.
Is rent cheaper than other Washington cities?
No. Rent here is more expensive than in most of Washington. It is number 141 of 192 cities from cheapest to most expensive.
How much do households earn in Lake Shore?
Share of households by yearly income. 54.6% of households earn $100,000 or more.
How expensive is Lake Shore overall?
Everyday prices in Washington overall are 7% above the U.S. average (index 107.0, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Lake Shore, so the Washington figure is shown.
Taxes and bills in Lake Shore
Life in Lake Shore
Is it cheaper to rent or buy in Lake Shore?
Renting is cheaper right now: about $1,552 a month less.
Owning assumes a typical $566,100 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $56,610 for the down payment.
Frequently asked questions
What is the average rent in Lake Shore, WA?
Renting in Lake Shore costs a median of about $2,376 a month in 2026, including utilities. The Washington median is $2,025.
How much do I need to make to live in Lake Shore?
To keep rent under 30% of income, you need about $95,040 a year, or $46 an hour at a full-time job.
Is Lake Shore cheap or expensive?
Lake Shore is rated OK: rent takes 20.2% of the typical household income of $140,991. It ranks 141st cheapest of 192 Washington cities we track.
How much are property taxes in Lake Shore?
The median homeowner in Lake Shore pays $4,711 a year in property taxes, about 0.83% of the median home value.
Is Lake Shore more expensive than the national average?
Overall prices in Washington are 7% above the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Lake Shore?
The median home value in Lake Shore is $566,100, about 4.0 times the typical yearly household income.
6,978 people live in Lake Shore. Numbers are typical (middle) values.