This section is generated from cached city metrics and clearly labeled state-level benchmarks. It is meant to make the Larch Way page less generic and more useful for comparing housing, income, utilities, taxes, insurance, demographics, and nearby alternatives.
Affordability Summary
Population is 4,046, so Larch Way should be compared with similar-size places before using broader Washington averages. Median household income is $141,429, so the best affordability read for Larch Way is income versus housing, taxes, utilities, and insurance together.
Median home value is $796,100, so ownership costs in Larch Way should be checked with mortgage, property tax, insurance, and maintenance assumptions. Two-bedroom rent is $2,275/mo, so renters can compare Larch Way against ownership costs and nearby rental markets.
Housing and Income Context
For Larch Way, household income runs high enough that housing choice can dominate affordability. Home values are high, making down payment and insurance assumptions especially important.
Use the home value, rent, and income fields together before deciding whether Larch Way looks more favorable for renting, buying, or comparing with Alderwood Manor, WA.
Utility Cost Context
The residential electricity benchmark is $0.144/kWh, so Larch Way households should treat usage, home size, heating, and cooling as the practical bill drivers. The electricity value shown for Larch Way is a Washington state-level EIA benchmark, so it should not be read as a local provider tariff.
For Larch Way, utility planning is stronger when the electric benchmark is paired with home age, square footage, insulation, HVAC equipment, and household occupancy.
Property Tax Context
Median property tax paid is $6,384, so Larch Way buyers should still verify parcel-specific tax records before budgeting. Parcel boundaries, exemptions, school districts, and reassessment rules can move the actual bill for a Larch Way address.
Compare the property tax field with home value rather than reading it by itself; a lower tax bill can still pair with a different assessment base or exemption profile.
Insurance and Risk Context
Insurance costs in Larch Way depend on address-level factors such as roof condition, structure age, coverage limits, claims history, deductible choice, and carrier underwriting.
Home value, tax burden, and insurance exposure should be reviewed together for Larch Way, especially when comparing with Alderwood Manor, WA.
Population and Demographics
Median age is 41.5, so Larch Way may have different school, commute, healthcare, and housing demand patterns than a statewide average. Bachelor+ share is 43.3%, so Larch Way education context can be useful when reading labor-market and school sections.
Unemployment is 5.2%, so Larch Way wage and job-market context should be compared with commute options and regional employment centers.
