Meeting Edmonds’ housing needs | City Corner
Last updated 2/17/2017 at Noon
Edmonds, like most desirable cities, is short on affordable housing.
What do we mean by "affordable housing"? The term can apply to both housing that seems "affordable to the average person or family" and housing that is statistically affordable to households with incomes below a "certain percentage of the area median income."
From a statistical perspective, a recent study showed that about 38 percent of all households in Edmonds are "cost-burdened" meaning their housing costs (whether rent or ownership) made up more than 30 percent of their monthly inco...