Experts tackle the 'all of us problem' of housing in Snohomish County
EVERETT Whats the solution to the housing crisis? Building more housing.
It sounds simple, but getting to that point and at the scale required to fix a problem thats been worsening for more than a decade is a big ask.
On Tuesday, a panel of experts discussed how to do just that, in a virtual presentation hosted by Economic Alliance Snohomish County.
Right now, most of the numbers in Snohomish County dont tell a positive story. Based on occupational median incomes, more than two-thirds of workers in the county dont earn enough on their own to rent the average apartment without being rent-burdened, or spending more than a third of income on housing. The average apartment in Snohomish County costs $2,114 per month, according to the Alliance for Housing Affordability, a local housing research group. Between 2013 and 2023, rents went up 71%, after adjusting for inflation.
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