UNLOCKING THE DATA:

Our goal is to DOUBLE affordable housing on Vashon by 2035!

Vashon costs a lot and incomes do not match! 

• 16% of Vashon households earn $40,000 or less annually. 

• 28% of Islanders spend over 30% of their income on housing. 

• Only 17% of housing units are rentals on Vashon, compared to 44% in King County and 56% in Seattle. 

Housing costs have vastly accelerated!  

• No affordable housing projects were initiated from 2017 to 2022. 

• Average home values have doubled from $421,506 in 2014 to $857,727 in 2024. 

• Over 25 homes have sold for more than $2,000,000 since 2019. 

Your Vashon friends and neighbors have likely not told you how serious it is!  

• 27% of Vashon residents are over 65 and living on fixed incomes. 

• 50% of employees are rent-burdened, paying over 35% of their income on housing. 

• 57% of employees are interested in employer-supported housing. 

• 54% of employees earn less than $72,000/year; 7% earn less than $33,000/year. 

People need help! 

• Over 200 households are on the waiting list for the 88 available units. 

• 147 people are homeless on Vashon, according to the 2024 census. 

• 350 (25%) VISD students come from low-income families. 

• 1 in 7 households rely on the VMI Food Bank. 

VHH is ready and eager to do more! 

• VHH manages 126 housing units with 40 more under construction. 

• Goal: Build at least 150 more affordable units in the next decade. 

• Over 20% of VHH’s support comes from individual donors and philanthropic gifts, and more should be available!!!!! 

And YOU can be part of the solution!