Can You Afford a Home in Fox Island, WA?
A typical home in Fox Island is worth $1,074,695, up 1% over the past year. That is $503K above the Pierce County typical of $572,113.
Assumes housing costs stay at 33% of gross income — the sustainable middle, not the maximum a lender would approve. A typical home in Fox Island costs $1,074,695. Rates as of 5 September 2026; they move weekly and your quote will differ.
What each income level buys in Pierce County
Prices below are what keeps housing at 33% of gross income, using Pierce County’s 0.91% effective property tax rate. The Conventional column assumes 20% down; the zero-down columns finance the funding fee into the loan.
| Household income | Conventional | VA | Zero-down CU | FHA |
|---|---|---|---|---|
| $75,000 | $315,000 | $261,000 | $239,000 | $255,000 |
| $100,000 | $431,000 | $357,000 | $328,000 | $349,000 |
| $125,000 | $547,000 | $453,000 | $416,000 | $443,000 |
| $150,000 | $663,000 | $549,000 | $504,000 | $537,000 |
| $200,000 | $895,000 | $741,000 | $681,000 | $725,000 |
How Fox Island compares to nearby towns
| Town | Typical home | Year over year | Income needed |
|---|---|---|---|
| University Place | $662,353 | -0.7% | $150,000 |
| Bonney Lake | $675,413 | -0.4% | $153,000 |
| Vaughn | $734,490 | +0.3% | $165,000 |
| Edgewood | $738,116 | -0.2% | $166,000 |
| Ruston | $763,265 | +4.9% | $172,000 |
| Gig Harbor | $825,326 | +0.3% | $185,000 |
| Fox Island (this page) | $1,074,695 | +1% | $239,000 |
If Fox Island is out of reach, University Place, Bonney Lake, Vaughn, Edgewood, Ruston, Gig Harbor sit lower in the same county — same commute shed, same schools district-by-district, less money.
What this does not tell you
These are typical values, not listings. Half the homes in Fox Island sell for less than $1,074,695, and condos and townhomes sit well below it. Property tax is a county-wide effective rate, so your parcel will differ. Insurance is a state average. Run your own numbers with your own quote before you take any of this as settled.