Graham, Washington.
Typical home $585,738 (+0.1% in a year), asking rent $2,522 (+1.3%). Seattle-Tacoma-Bellevue, WA metro.
to buy the typical home at today's mortgage rate — +$1,626 (+112%) since Jan 2020.
- 1 year
- Up $384 +0%
- $585,354$585,738 since Sep 2025
- 5 years
- Up $51,167 +10%
- $534,571$585,738 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Graham$3,074
- Washington$3,084
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 38 years.
Typical home values in Graham, WA rose 0.1% over the past year — slower than the nation's +1.2%.
Asking rents in Graham, WA rose 1.3% over the past year — slower than the nation's +2.7%.
Owning the typical home in Graham runs $1,621/mo more than renting one. The gap peaked at $1,868 in Jan 2025.
That is $4,144 a month against $2,522 rent: a $3,074 mortgage payment, plus $442 property tax and $627 insurance & upkeep.
Owning vs renting — Graham
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$4,144
- Renting$2,522
- Mortgage only$3,074
Property tax · $442/mo 0.91% of value a year — the ACS 2020-2024 median bill over the median home value for Pierce County, WA
Insurance & upkeep · $627/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Graham, Pierce County, Washington
Graham, in Pierce County, had 32,658 people in the 2020 census. Half its households earn more than $116,862 a year and half less, against $99,564 across Pierce County; 6% of its people live below the poverty line. 82% of its homes are lived in by their owners and 18% are rented. Unemployment in Pierce County was 5.1% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then manufacturing.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Graham is a community where nearly everyone owns their home, and incomes run higher than across Pierce County as a whole. Its residents are somewhat younger than the typical American, and relatively few adults hold a four-year degree. Winters are cold and damp, with only a little snow, and summers are mild and warm.
Work. Many residents work in schools, hospitals and social care, with manufacturing, shops and the building trades also employing a good share. Workplaces in Graham itself include Safeway, Rainier Veneer and Central Pierce Fire & Rescue. The commute to work is long, and some people spend part of the week working from home.
Things to do. Northwest Trek Wildlife Park, a zoo, and the Carbon River are both a short drive away. Mount Rainier National Park is a longer drive, and it is the best known place nearby for hiking, waterfalls and mountain views. Lake Tapps, a reservoir, is also a longer drive.
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- 11,029households
- 24%of adults have a degree
- 6%below the poverty line
- 43 mintypical commute
- 11%work from home
What residents work in
Employed residents by industry, from the Census survey. Pierce County had 337,071 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 45° and lows near 33°; warmest in August, with highs near 76° and lows near 53°. About 6 inches of snow and 45 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Mcmillin Rsvr weather station, 7 miles away (NOAA).
Largest workplaces in Graham
- SafewaySupermarkets and other grocery stores148
- Pierce County Recycling, Composting & DisposalSolid waste landfills combined with collection and/or local hauling of nonhazardous waste materials122
- Rainier VeneerSoftwood veneer or plywood manufacturing77
- GrahamMail and parcel delivery33
- Central Pierce Fire & RescueFire protection22
- Copart of WashingtonAutomobile and other motor vehicle merchant wholesalers22
- Washington FoundationsFoundation, building, poured concrete, contractors21
- Builders FirstSourceOther building material dealers20
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 9 workplaces with 20 or more staff, 485 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- AvalanchesVery high
- Cold wavesRelatively high
- Earthquakesrelatively high in parts of GrahamRelatively moderate
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Graham’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Pierce County and the Seattle-Tacoma-Bellevue, WA metro.
Graham home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Graham$585,738
- Washington$587,533
- United States$366,157
Sellers are cutting prices on about 1 in 3 Graham listings, and the typical home goes pending in 32 days — the market is cooling.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Graham38.18%
- United States26.90%
Days to pending
How long the typical listing takes to go under contract.
- Graham32
- United States24
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Graham130
New listings per month
Sellers arriving at the market.
- Graham31
Median sale price
What buyers actually paid — closed sales, not asking prices.
- Graham$591,796
- United States$371,407
Sale-to-list ratio
Above 100%, homes sell over asking; below, buyers negotiate wins.
- Graham99.89%
Zip codes with a Graham address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Graham — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.