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Grant County, WA

RANK #881 / 996  ·  POP 99,145  ·  WA

PROJECTED GROWTH: -1.4%

Grant County ranks in the bottom tier of U.S. counties on economic momentum.

[01] Why Grant County?

Grant County, Washington, is distinguished by the Grand Coulee Dam, one of the largest concrete structures globally and a major hydroelectric power producer. Located in central Washington's Columbia Basin, the county seat is Ephrata, with Moses Lake as its largest city. The community offers a relaxed, rural atmosphere with abundant sunshine and access to over 140 lakes and reservoirs. Outdoor recreation is a significant draw, featuring opportunities for boating, fishing, hiking, and off-roading at places like Potholes State Park and the Columbia National Wildlife Refuge. Commute options within the county include public fixed-route transportation and Dial-A-Ride services provided by the Grant Transit Authority, which has been zero-fare since 2020.

Life in Grant County offers an affordable cost of living and a strong sense of community, appealing to families and those seeking a quieter lifestyle. The economy, historically rooted in agriculture and food processing, continues to rely on these sectors, with a diverse range of crops. Recent economic developments show growth in manufacturing, including advanced materials and aerospace, alongside an emerging clean energy sector. The presence of Grant County International Airport, capable of handling large aircraft, supports aerospace activities. Local public schools are spread across several districts, including Moses Lake, Ephrata, and Quincy.

[02] Market Snapshot

Housing Ratio
3.6x

Undervalued relative to economy

GDP Growth
+0.8%

Well below national median

Home Prices
+0.7%

Below national median

Climate & Terrain
0.6

Moderate climate & terrain

Price/Rent
13x

Below national median (13x)

Housing looks undervalued at 3.6x — home prices are low relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Grant County U.S. National

The Numbers

DEMOGRAPHICS
Population
99,145
+1.3% YoY
Median Household Income
$66,387
Median Home Value
$244,500
+0.73% 12mo
Median Rent
$979
Average Annual Pay
$63,558
+5.4% YoY
Employment
43,158
+1.4% YoY
Income-to-Home-Value
0.2715
More affordable than average
Migration Inflow
2.71%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$355,500
Days on Market
69
Slower market
Months of Supply
6.2
Buyer's market
Sale-to-List Ratio
96.7%
Negotiation room for buyers
Sold Above List
15.7%
Listings w/ Price Drops
20.2%
Building Permits (2024)
552
Single-Family Permits
463

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$1,690M
TOTAL
PROJECT AMOUNT STATUS
Dry Falls Solar Project
NextEra Energy Resources
$900M Proposed
Appledale Energy Center
Hawthorne Renewable Energy (HWNRE)
$300M Planned
Royal Slope Energy Center (Solar & Battery Storage)
Clearway Energy Group (Royal Slope LLC)
$260M Under Construction
SR Quincy Valley Solar Project
Silicon Ranch
$130M Under Construction
Salcido Enterprises Data Centers (Wheeler, Broadway, Fortress)
Salcido Enterprises, LLC
$50M Operating
Grant County PUD Transmission Capacity Upgrades
Grant County Public Utility District (PUD)
$50M Planned

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +0.8% 14 percentile
Population Growth +1.3% 79 percentile
Income Growth +4.4% 2 percentile
Vacancy Rate 1.1% 47 percentile
Home Price Change +0.7% 41 percentile
Rent Growth -0.3% 9 percentile
Price/Rent 13x 54 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Grant County, WA a good place to move to?

Grant County has a Boom Town Index score of 12/100, ranking #881 among 996 U.S. counties. With job growth at +1.4% and a median household income of $66,387, it faces some economic headwinds compared to faster-growing counties.

Is Grant County affordable?

The median home value in Grant County is $244,500 with median rent at $979/month. The income-to-home-value ratio is 0.2715, which is more affordable than the national average.

Is Grant County growing or shrinking?

Population growth: +1.3% year-over-year. Job growth: +1.4%. Home values changed +0.7% in the past 12 months.

Are people moving to Grant County?

Yes — 2.71% of Grant County's population moved from another state, which is above the national average and indicates strong in-migration.

[08] Similar Metros

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