Mount Vernon-Anacortes, WA · Washington

Skagit County

ZIP 98273

130,407 residents359 permits TTM$85,474 median HHI13 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$486,200

ACS 5-Year

Cap rate proxy

3.6%

FMR × 0.65 ÷ Home Value

Rent-to-income

20.2%

HUD FMR ÷ ACS HHI

Net migration

+2.09%

IRS SOI

Permits (TTM)

359

Census BPS

Climate risk

88.8

FEMA NRI (0–100)

ZIP 98273

Median home value

Gross yield

Cap rate

4.0%

Rent gap

Affordability

P/I: 6.5R/I: 26.3%

Section 8 detail

SAFMR: Rent: Gap:
ZIP code breakdown13 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
982376.8%
982673.6%
982573.8%
982844.7%
982353.6%

Ranked by composite score

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Demographics

Owner-occupied

70.6%

Census ACS

Vacancy rate

8.8%

Census ACS

Bachelor's degree +

29.1%

Census ACS

Rent burdened

48.8%

Census ACS (>30% income)

Median age

41.9

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026