A Great Place to Buy or Build
When you talk about Washington, many people immediately assume that you are talking about the nation's capital, Washington D.C. If they do realize that you are talking about the state, they are likely picturing its largest city, Seattle, since almost 60% of the state's residents live in the Seattle metropolitan area. But the state, named after the country's first president, is so much more than Seattle. Its diverse topography, tremendous economy, and breathtaking views make the state a great place to buy or build.
People shopping for Washington real estate will find a vibrant state. Along with being known as the birthplace of grunge music, Washington has been featured in many popular movies and has produced talents like Jimi Hendrix and Kurt Cobain. The state has two major sports franchises, the Seattle Mariners and 2014 Superbowl champions, the Seattle Seahawks. Popular attractions include the Seattle Space Needle and the San Juan Islands.
Medina, WA 98039
Battle Ground, WA 98604
Anatone, WA 99401
Bainbridge Island, 98110
Thorp, WA 98946
Agriculture and forest products are key sectors in Washington's economy
Looking to buy land in Washington? Agriculture is a key sector. The state ranks as the 18th largest with over 46 million acres of land. The diverse climate makes the land for sale in Washington a great place to grow many different crops. Washington is the top producer of apples, sweet cherries, and raspberries. It is estimated that three out of every five apples eaten originated in Washington. In 2016, Washington's top crops were apples, milk, potatoes, and cattle. In fact, the only other state that produces more potatoes than Washington is Idaho. In 2016, the state produced $10.6 billion in agriculture. It is clear to see agriculture is a key part of Washington real estate.
There are over 1700 forest-related industries in Washington state. This attractive acreage is another key part of the land for sale in Washington.The forest industry contributes to over 101,000 jobs and a business income of $28 billion per year, generating $175 million in state and local taxes. The Washington Department of Commerce believes that the industry will only continue to grow.
Washington Tech and Manufacturing
For businesses looking to buy land in Washington, the state is finally starting to gain some recognition for being a generator of innovation and economic growth. In 2017, CNBC named the state the nation's top spot for business, citing an economy that grew at almost 2.5 times the national rate. The rush to open businesses and secure land for sale in Washington comes as no surprise to residents as some of the biggest companies in the world got their start by setting up shop in Washington Amazon, one of the world's largest retailer's calls Seattle home. Microsoft has its headquarters in Redmond, and Costco’s headquarters is in Issaquah. These companies, along with other major employers like Boeing and Starbucks contribute to a strong economy and provide thousands of jobs to residents. Thanks in part to these companies, Washington has the fourth highest hourly wage in the country at $20.87 per hour.
With no personal income tax and no corporate income tax, buyers can spend more of their income on land for sale in Washington. The housing market is very competitive in the state, with the Washington real estate market expecting a 1.1% growth in 2019, but thanks to a market cool down in the fall, prices have become more affordable for buyers.
Washington - A Beautiful Place to Live
You’re hardly alone in your desire to buy land in Washington. The Pacific Northwest is often described as one of the most beautiful areas in the world. Thanks to its snow-capped mountain ranges, gorgeous rivers, and dense forests, the state is a sought-after destination for travelers, adventure seekers and people looking for land to settle down on.The state is home to the Cascade Mountain Range and five active volcanoes. In southern Washington, residents can enjoy views of Washington's most famous volcano Mt. St. Helens, while further residents will see the state's tallest peak Mt. Rainier. There is also plenty of Washington real estate available on Washington's Pacific coast.
There are more than 240,000 acres of land for sale in Washington. Want to see your Washington property listings on Land Broker MLS? Join our Co-op today.