Mukilteo, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Mukilteo short-term rental market based on reliable data.

Listings

18 / 48

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$28,848

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$916,713

Median Home Sale Price

Top Earners

$84,852

Top-Earners Revenue

Mukilteo

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Mukilteo.

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D

Unfriendly to Investors

Mukilteo Regulations

Short-term rentals are prohibited in residential zones (most areas) with active enforcement, only permitted in limited commercial zones requiring mixed-use buildings, and regulatory uncertainty creates high investment risk.

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About Mukilteo

Mukilteo ( MUK-əl-TEE-oh; Lushootseed: bək̓ʷəɬtiwʔ) is a city in Snohomish County, Washington, United States. It is located on Puget Sound between Edmonds and Everett, approximately 25 miles (40 km) north of Seattle. The city had a population of 20,254 at the 2010 census and an estimated 2019 population of 21,441. The current site of downtown Mukilteo (also named Old Town) has been inhabited by the Snohomish people for at least 1,000 years before present. The Treaty of Point Elliott was signed in Mukilteo in 1855, opening the region to American settlement. A new town was founded at Mukilteo and served as the provisional county seat of Snohomish County in early 1861. The area remained a trading post for loggers and was home to other industries, but was overshadowed by Everett and grew slowly. Mukilteo was used during World War II as an auxiliary fueling facility, due to its proximity to the newly built Snohomish County Airport (now Paine Field). Mukilteo was incorporated as a city in 1947 and saw new suburban development, which accelerated after the opening of the nearby Boeing Everett Factory in the late 1960s. The city annexed large suburban areas on the west side of Paine Field in the 1980s and 1990s, including Harbour Pointe and the State Route 525 corridor, while also revitalizing the Old Town area in the 2000s. Today, Mukilteo is a bedroom community with a small job base centered around manufacturing industries. It is also a major transportation hub, with connections to Whidbey Island via the Washington State Ferries system, Sounder commuter trains to Seattle, and public transit services to nearby cities. The city is recognized for its quality of life and is one of the most affluent in Washington state, with a high median income.

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