Back to City Analysis

Everett, WA | City Real Estate Market Analysis

Everett, Snohomish County, Washington
City Analysis Real Estate Market WA Snohomish County
Everett
Market Insight

Everett, WA Investment Potential Analysis

Market analysis for Everett, WA will appear here once data is available. This section will surface investment opportunities, risk assessments, neighbourhood trends, and local real estate insights specific to this market.

Avg. Home Value
🏠 Median residential property value in Everett.
7.80%
Property Tax Rate
🏛️ Effective property tax rate for this market.
$47,482
Avg. Household Income
💵 Average annual household income in the area.
103,918
Population
👥 Total city population estimate.
Unemployment Rate
📊 Local unemployment vs. national benchmark.

Everett, WA Real Estate Market Property Overview

  • Real estate market overview for Everett, WA, Snohomish County
  • Population of 103,918
  • Average household income of $47,482
  • Property tax rate of 7.80%
  • Median resident age of 34.60

Property Details

City Everett State Washington
County Snohomish Country USA
Population 103,918 Median Age 34.60
Avg. Household Income $47,482 Median Home Value N/A
Unemployment Rate N/A Property Tax Rate 7.80%
Top Industries N/A Economic Overview N/A
Coordinates 47.9525, -122.1669 Properties Listed 0

Model investment returns using Everett, WA market data as defaults

25%
5.0%
30 years
7.80%
5 years
3.0%
Down Payment Amount:$125,000
Loan Amount:$375,000
Monthly Mortgage:$2,012
Monthly Tax:$490
Total Monthly Payment:$2,502
Monthly Cash Flow:$581
Cash on Cash Return:5.6%
Cap Rate:5.0%
Debt Coverage Ratio:1.23x
IRR (5 years):8.4%
Projected Property Value:$579,637
Total Equity:$234,891
📊Monthly Payment Analysis

Calculating...

💵Cash on Cash Return

Calculating...

🚀Internal Rate of Return

Calculating...

🏛️Property Tax Analysis

Calculating...

* Calculations use Everett, WA median home value as the default purchase price. All figures are estimates only. Consult financial and legal professionals before investing.

Capital Allocation Comparison

Direct ownership vs. passive CRE platform exposure

Compare the same starting capital across two allocation paths: direct property ownership with operational responsibility, debt exposure, and single-asset concentration, versus a professionally managed REI Capital platform strategy built around institutional underwriting and a 9% target annual growth projection.

Direct Property Ownership
  • Concentrated exposure to one property and market
  • Debt service, refinancing, and rate sensitivity
  • Active leasing, vendor, and asset oversight
  • Vacancy, capex, and maintenance obligations
  • Illiquid exit process with timing risk
  • Transaction costs can compress realized returns
Projected direct ownership outcome Calculating…
VS
REI Capital Platform Exposure
  • Passive exposure without direct operator liability
  • Institutional underwriting and acquisition discipline
  • Professional asset management and reporting
  • Strategy designed to reduce single-asset concentration
  • 9% annual target growth projection for comparison
  • Curated deal flow with a passive capital framework
Projected platform exposure at 9% target Calculating…
Projected difference

Calculating the comparison…

* REI Capital Growth uses a 9% target annual growth projection for comparison only. Returns are not guaranteed and actual results may vary. Consult a financial professional before making investment decisions.

Who This Is Designed For

Built for investors evaluating passive commercial real estate exposure

REI Capital is positioned for investors who want institutional-quality underwriting, disciplined capital deployment, and real estate exposure without managing the asset directly.

Accredited Investors

Deploy capital into a professionally managed real estate strategy without taking on daily operator responsibilities.

Family Offices

Evaluate long-duration CRE exposure with an emphasis on underwriting discipline and capital preservation.

1031 Exchange Buyers

Compare direct replacement ownership against passive alternatives with reduced operational complexity.

High-Income Professionals

Access commercial real estate exposure while preserving time, focus, and liquidity for core priorities.

Where Your NOI Goes Each Month

* Distribution based on current inputs. Actual expenses may vary.

ROI Over Time: Direct Ownership vs REI Capital

* Property return uses a conservative 3.8%–4.2% annual capital appreciation assumption. REI Capital uses a 9% target projection. Returns are not guaranteed.

Deployment Scenario Analysis

Your Down Payment: Direct Ownership vs REI Capital Platform Exposure

Same starting capital. Compare a direct ownership path against passive capital deployment through REI Capital.

Direct ownership (3.8%–4.2% appreciation) REI Capital (9% target)

* "Direct ownership" shows the same down payment growing at the selected 3.8%–4.2% annual capital appreciation rate. "REI Capital" shows the same down payment growing at 9% annual target. Returns are not guaranteed.

Allocation Rationale

Why sophisticated investors choose passive CRE exposure

Direct ownership can be powerful, but it also concentrates capital, time, and execution risk into one asset. Passive CRE exposure helps investors participate in professionally managed real estate strategies while reducing the operational burden of owning the property themselves.

  • Professional underwriting before capital deployment
  • Reduced exposure to single-asset operational demands
  • Access to institutional sourcing and asset management
  • Passive framework built for long-term capital strategy
  • Clearer comparison against direct ownership costs
  • Time-efficient exposure for qualified investors
Investor Materials

A more efficient way to deploy capital

The analysis above is only the starting point. Review the REI Capital investment materials to understand the acquisition strategy, underwriting framework, risk controls, and investor onboarding process behind the 9% target projection.

  • Acquisition strategy & deal flow
  • Underwriting and risk framework
  • Platform team and execution process
  • Investor qualification and next steps
Access Investment Materials

For qualified investors · Private overview · PDF access

Investment Due Diligence For Everett, WA Income Property

Key questions for informed investment decisions

What's the overall investment outlook for Everett, WA? +
The combination of a median household income of $47,482, a poverty rate of 14.6%, and an impressive health insurance coverage rate of 88.5% suggests a relatively stable market with a working-class population that has access to employment opportunities and healthcare, making it an attractive option for real estate investors looking for rental income and potential long-term appreciation.
How does the city's ethnic diversity and industry mix impact demand for housing? +
The diverse population of Everett, with top ethnicities including White, White Non-Hispanic, and Hispanic, coupled with a strong presence of industries like Public Administration, Information, and Finance & Insurance, indicates a robust and varied job market that can support a steady demand for housing, both for renters and homeowners, thereby reducing vacancy risks for investors.
What are the implications of the city's commute times and transportation options for real estate investment? +
With an average commute time of 24.5 minutes and a preference for driving alone, carpooling, or working from home, Everett's transportation infrastructure supports the needs of its employed population, suggesting that investors can expect a stable and reliable tenant base, especially in areas with easy access to major employment centers and public transportation hubs.
How do the median property value and property taxes in Everett impact the return on investment for real estate investors? +
The median property value of $237,600, combined with median property taxes of $18,564, presents a balanced scenario for investors, where the potential for property appreciation and rental yields is countered by the need to manage tax liabilities, making it essential for investors to carefully consider these factors when assessing the overall return on investment in the Everett market.
What role does the foreign-born population and income inequality play in shaping the local real estate market? +
The significant foreign-born rate of 21.1% and a GINI coefficient of 0.429 indicate a level of income inequality and cultural diversity that can contribute to a dynamic and resilient local economy, potentially benefiting real estate investors through a diverse tenant pool and the opportunity to cater to specific demographic needs, thus enhancing the stability and attractiveness of investments in Everett.
What are some of the best neighborhoods to live in Everett? +
Some of the best neighborhoods to live in Everett include Northwest, Bayside, Boulevard Bluffs, Harborview-Seahurst-Glenhaven, Port Gardner, and View Ridge-Madison. Each neighborhood has its own unique character, with Northwest being known for its historic appeal and leafy streets, and Bayside offering stunning views of the waterfront.
What are some fun things to do in Everett? +
There are plenty of fun things to do in Everett, including visiting the Flying Heritage & Combat Armor Museum, Imagine Children's Museum, and Evergreen Arboretum & Gardens. You can also take a Boeing factory tour, explore the waterfront, and check out the local parks like Howarth Park and Langus Park. Additionally, the city hosts various events and festivals throughout the year, such as the Everett Farmers Market and the Everett Theatre productions.
What is the food scene like in Everett? +
The food scene in Everett is diverse and vibrant, with a range of options to suit every taste and budget. Some popular restaurants include Anthony's Homeport, Emory's on Silver Lake, and Shawn O'Donnell's American Grill and Irish Pub. You can also find great eats at Nick's Jr Burgers and Gyros, Brooklyn Bros. Pizzeria, and Andy's Fish House. There are also plenty of great food trucks and cafes throughout the city, offering everything from Peruvian-fusion to Asian tapas.
What are the pros and cons of living in Everett? +
The pros of living in Everett include its stunning natural beauty, with plenty of parks and waterfront areas to explore. The city also has a strong sense of community, with various events and festivals throughout the year. However, some cons include the traffic and commute time, as well as the limited job opportunities in certain industries. Additionally, the city is still working to revitalize its downtown area, which can be a challenge for some residents. Overall, Everett is a great place to live for those who value outdoor activities, community, and a more laid-back pace of life.
Is Everett a good place to live? +
Yes, Everett is a good place to live for many people. The city offers a unique blend of natural beauty, community, and outdoor activities, making it an attractive option for those who value these things. While it may not be the best fit for everyone, particularly those who prioritize job opportunities or a more urban lifestyle, Everett is a great choice for families, retirees, and individuals who want to escape the hustle and bustle of city life. With its stunning waterfront, beautiful parks, and strong sense of community, Everett is a hidden gem that is definitely worth considering.

Things Near Everett, WA

Metro Center Station

0.2 miles

Grand Central Market

0.4 miles

About Everett

Everett, WA is a city with a population of 103,918 and a median age of 34.6, indicating a relatively young demographic. The median household income is $47,482, which is a decent figure, but the poverty rate of 14.6% suggests some risk for investors. The city's foreign-born rate of 21.1% and top ethnicities of White (40.0%), White Non-Hispanic (35.2%), and Hispanic (8.9%) indicate a diverse community. The top industries in Everett are Public Administration, Information, and Finance & Insurance, & Real Estate & Rental & Leasing, which provide a stable economic base. However, the GINI coefficient of 0.429 indicates some income inequality. The average commute time of 24.5 minutes is relatively low, and the top commute methods are driving alone, carpooling, and working from home. The health insurance coverage rate of 88.5% is a positive indicator of the city's quality of life. The median property value of $237,600 and median property taxes of $18,564 are important considerations for real estate investors. Overall, Everett presents a mix of opportunities and challenges for investors, with its diverse population, stable industries, and relatively low commute times being major advantages, but its poverty rate and income inequality being potential drawbacks. The city's homeownership rate of 46.1% and average household income also suggest a relatively affordable housing market. With careful consideration of these factors, investors can make informed decisions about investing in Everett.

Population 103,918
Median Age 34.60
Avg. Household Income $47,482
Investor Materials

Access the REI Capital investment overview

Review the acquisition strategy, underwriting framework, risk considerations, and investor onboarding process in one private PDF.

Access Investment Materials