Remote workers and retirees have been flocking to scenic Spokane, driving up home prices, but the city is working through its growing pains. Bruce Munholand, a retired U.S. Army Corps of Engineers employee, and his wife Keri, have set up a coffee business in downtown Spokane, catering to the city’s growing population. They donate all their tips to charity and plan to expand their business in the future.
The population of Spokane County has grown significantly in recent years, with the city of Spokane experiencing an 11% increase. However, the surge in new residents has put pressure on the housing market, with rental vacancies falling to 1% and starter homes receiving multiple offers. The mayor declared a housing emergency in 2021, but three years later, the city is still grappling with a housing shortage and rising prices.
Despite the challenges, Spokane remains an attractive destination for remote workers and retirees due to its affordable housing prices compared to cities like Seattle. The city offers a high quality of life, good air quality, and a low risk of natural hazards. Residents also benefit from no state income tax, except on certain capital gains. However, there are downsides, including a higher-than-average crime rate and a state estate tax.
Spokane offers a variety of outdoor activities, including hiking trails, golf courses, and ski slopes. The city hosts concerts, sporting events, and has a growing food scene. Local leaders are working on solutions to address the housing shortage, with new regulations allowing for more housing units to be built in existing neighborhoods. Mayor Lisa Brown is focused on addressing the housing crisis, homelessness, and other issues facing the city.
Spokane is also making efforts to attract investment in the healthcare and technology industries. The city is home to Fairchild Air Force Base, the largest employer in Spokane County, and has seen growth in the medical education sector. Local entrepreneurs are pitching their ideas to investors, and the city is working on matching federal grant funding for biotech and health sciences startups.
Despite its challenges, Spokane is evolving and diversifying, with organizations like AHANA supporting business owners of color. The city is slowly changing, but some issues remain, such as racial discrimination experienced by visitors in nearby Coeur D’Alene, Idaho. Despite these challenges, Spokane continues to attract new residents seeking an affordable and high-quality lifestyle in the Pacific Northwest.
