Is 120k a good salary in Seattle?

Is 120k a good salary in Seattle?

“Excellent salary” criteria varies by individual and by position. 120k-180k salaries are pretty middle class in Seattle

Where is the ghetto in Seattle?

Rainier (Columbia City), Skyway, some parts of Renton, North Burien (NOT ANY OTHER PART OF BURIEN), Delridge along Delridge Way (the east side of West Seattle), South Park, some parts of Beacon Hill, and parts of the Central District are all pretty bad as well.

Is Seattle a ghetto?

Not true “ghetto”, but certainly sketchy and full of panhandlers/prostitutes/etc. Interestingly, that area has been sketchy in a similar way since before the city was founded. There are also mediocre run-down suburban regions and a lot of generalized funkiness almost everywhere in the city.

Is Seattle dangerous right now?

Seattle is typically a very safe city, but there are a few things travelers need to be cognizant of due to the recent events of 2020 like the ongoing global pandemic and social unrest in the United States. It is also mandatory, as of July 2020, for every person in Washington State to use a face-covering in public.

How bad is crime in Seattle?

The 2019 crime rate in Seattle, WA is 397 (City-Data.com crime index), which is 1.5 times higher than the U.S. average. It was higher than in 91.4% U.S. cities. The 2019 Seattle crime rate fell by 12% compared to 2018.

Does Seattle have snow?

Seattle’s weather is regulated by the Pacific Ocean, which remains relatively even in temperature throughout the year. While Seattle does not receive as much snow on average as many parts of the country, snowfall is not uncommon and can be heavy.

Where should I live in Seattle?

Here are a few Seattle neighborhoods known for busy urbanites, bustling nightlife, and no shortage of things to do.

• Ballard.
• Belltown.
• Downtown.
• Capitol Hill.
• Central District.
• Fremont.
• Lower Queen Anne.
• South Lake Union.

What should I know before moving to Seattle?

What You Need To Know Before Moving to Seattle

• The cost of living is on the rise.
• Invest in a public transit pass.
• Prepare for rainy days.
• Explore natural wonders.
• Big names are here to stay.
• Coffee is part of the culture.
• Thaw the “Seattle Freeze.”
• Scout the neighborhoods.

What is the richest area in Seattle?

Broadmoor

Where should I buy a house in Seattle?

If you’re looking for an affordable and safe place to buy a home, check out these five best Seattle neighborhoods and suburbs!

• Ballard.
• Fremont.
• Ravenna.
• Wallingford.
• West Seattle.

How much is a downpayment on a house in Seattle?

A Fair House Down Payment in Seattle Most estimates predict 20% down payments will get you into the house you’re looking for

Should I buy a house in Seattle 2020?

Experts say it’s likely the Seattle-area housing market won’t cool down over the next year. Prices will continue to rise, though somewhat slower than they did year over year in 2020. And the market will stay competitive, with homes likely continuing to receive multiple offers, especially if interest rates remain low

How long does it take to buy a house in Seattle?

That’s from the time you first start looking until the day you close. If it takes you a while to find a suitable property, and/or you have trouble qualifying for a loan, the timeline could stretch to three or four months. In rare cases, it can take up to six months to buy a home.

How can I buy a million dollar home?

Getting a mortgage on a million dollar home. To qualify for a mortgage on a $1 million home, you’ll need roughly $224,223 in cash for the down payment and closing costs, a credit score of at least 700, and enough savings to cover 6-12 months of mortgage payments.

How much do I need for a down payment?

How much down payment is needed? Putting at least 20% down can improve your chances of getting approved and locking in a lower rate (and monthly payment). Some lenders and programs will accept less than 20% down, but in most instances you’ll need to buy mortgage insurance.

Should I buy a house or condo?

Condos tend to come with lower price tags than single-family homes. They offer significantly greater independence than renting, but you aren’t on your own when it comes to maintenance and repairs. Plus, owning a condo gives you the chance to build equity you can use toward a down payment on your next home

Is living in a condo worth it?

Yes, condos generally appreciate in value. That’s true of any piece of property—as long as it doesn’t have wheels or come from a trailer park. But, if you’re trying to decide between a condo or a house, keep in mind that a single-family home is usually going to grow in value faster than a condo will