Washington isn’t just expensive—it’s one of the top five most unaffordable states in America.
A new report just confirmed what we’ve all been feeling: the cost of living here is 8.6% above the national average and housing costs? A staggering 29% higher.
Even with a median household income of $94,605, it barely feels like enough.
Rents are growing fast enough to justify new construction, but in relation to other parts of the country, you’re paying luxury prices for a one-bedroom that barely fits a couch.
At this rate, the only thing people will be able to afford in the coming years is a micro-unit—a glorified closet with a sink.
Which, coincidentally, is exactly what we’re focusing on at GIS. Because who needs space, right?