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Resolution 7700
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Resolution 7700
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Last modified
10/22/2021 10:02:15 AM
Creation date
10/22/2021 9:59:52 AM
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Resolutions
Resolution Number
7700
Date
10/6/2021
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<br />(02/26/2019) 22 | Page <br /> <br />Source: Data acquired from Zillow.com/data on 2/5/19. This data is based on the Zillow Rent Index, a <br />smoothed measure of the median estimated market rate rent across the city and housing type. <br /> <br />Census Estimates of Home Value and Contract Rent <br />The data reported by Zillow for Everett differs from the official data provided by the Census Bureau. In <br />the Home Sales data shown above, the data reflects the sales price of homes. In the table below, the <br />value reflects median home value for all homes, not just those that are sold. <br /> <br />Table X: Median Home Value and Contract Rent (2010 – 2017) <br /> 2010 2017 % Change <br />Median Home Value 277,100 267,800 -3.4% <br />Median Contract Rent 769 962 25.1% <br /> Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (B25058 and B25077) <br /> <br />Housing Problems <br />The housing problems that HUD tracks includes housing that lacks complete plumbing or kitchen <br />facilities, overcrowding, and cost burden. <br /> <br />Age of Housing <br />About two-thirds (30,515) of Everett’s housing stock was built before 1990. <br /> <br />2010-11, $1,197 <br />2018-12, $1,583 <br />$0 <br />$200 <br />$400 <br />$600 <br />$800 <br />$1,000 <br />$1,200 <br />$1,400 <br />$1,600 <br />$1,800 <br />Median Market Rent
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