What is the rental yield in Alabama Hill, Bellingham, Washington?

The gross yield in Alabama Hill, Bellingham, Washington is 3.9%. That sits alongside prices about 18% below the city median and 13% above the state median. Over the past year, prices are down 3.2%, which adds a recent softening signal.

How does Alabama Hill compare to Bellingham and Washington?

Alabama Hill, Bellingham, Washington is priced about 18% below Bellingham but 13% above Washington overall. Its gross yield is 3.9%, walkability is 66, education is in the 77th percentile, and the Red Flag score is 60.

What does the price trend look like in Alabama Hill, Bellingham, Washington?

Prices in Alabama Hill, Bellingham, Washington are down 3.2% over the past year. Even with that decline, the neighborhood remains about 18% below the city median and 13% above the state median, with a gross yield of 3.9%.

How walkable and school-oriented is Alabama Hill, Bellingham, Washington?

Alabama Hill, Bellingham, Washington has walkability of 66 and education in the 77th percentile. Those scores sit alongside a gross yield of 3.9% and a Red Flag score of 60, giving the neighborhood a fairly balanced market profile.

Neighborhood

Alabama Hill

Bellingham, Washington US

Alabama Hill, Bellingham, Washington is a moderately priced neighborhood with a mixed investment profile: prices are about 18% below the city median but 13% above the state median, with a gross yield of 3.9% and prices down 3.2% over the past year. It combines walkability of 66 and education in the 77th percentile with a Red Flag score of 60, which points to a balanced but not low-risk setup.

AI Summary•Updated May 2026

Area

1.80 mi²

ZIP Code

98226

County

Whatcom County

State

Washington

Redfin — median sale & volumeZillow ZORI — asking rentFEMA National Risk Index v1.20OpenStreetMap — POIFBI UCR — state crimeEPA — radon zonesEPA FRS / BTS — hazard screeningUS Census ACS / TIGER 2024

Verified Price · Median Sale

$620,096

YoY-3.2%

Gross Rental Yield

3.9%

Listed rent · ZORI annualized

Red Flag Index

Moderate

60 / 100

Walkability Score

Somewhat Walkable

OpenStreetMap POI density · national percentile

Education Score

77 / 100

Excellent · better than 77% of U.S. districts

Pre-pandemic SEDA (2018/19) · district proxy

AI Score

Fair

DistrictScore attractiveness · national model

Alabama Hill Property Prices & Rental Yield

Verified Redfin sale data and Zillow ZORI asking rent for Alabama Hill, Bellingham.

Unlock the Alabama Hill 12-month price trend

See the full Verified vs Listed price history — free with a DistrictScore account.

Market Economics Snapshot

May 2026

Metric	Value	YoY
Median Sale Price	$620,096	-3.2%
Price / Sq Ft (Verified)	$397/sqft	+1.7%
Asking Rent (Median)	$1,990/mo	-4.0%
Gross Rental Yield	3.9%	—
Liquidity Score	37 / 100	Moderate
Homes Sold (Period)	134	-8.8%

Is Alabama Hill Safe? Natural-Hazard Risk

FEMA National Risk Index composite across eight hazards, plus inherited Washington crime context.

Red Flag Breakdown

60 / 100

Moderate Risk

Composite is weighted by expected impact — frequent low-damage hazards (hail, wind) weigh less than flood or wildfire.

Earthquake100Very High

Wildfire80Very High

Flood60High

Heat60High

Tornado20Low

Strong Wind20Low

Hail20Low

Hurricanen/an/a

7/8 hazards scored · FEMA NRI v1.20

Crime (state-level): Washington averaged 27.9 crimes and 3.3 violent per 1,000 residents (-13.0% YoY) in 2024(FBI UCR). Compare the state to the country, not states as a ranking — full Safety & Crime data lives on the state page.

Unlock the full risk report for Alabama Hill

Tract-level hazard heatmap & parcel detail with Pro

Unlock the Alabama Hill hazard breakdown

See all eight FEMA hazard scores — free with a DistrictScore account.

What Stands Out AI Insight

Active transaction volume — 134 homes sold last period

Earthquake risk is Very High (100/100)

Wildfire risk is Very High (80/100)

Insights are generated from Alabama Hill's live DistrictScore metrics.

Alabama Hill Environment & Safety

Satellite PM2.5 air-quality history, FBI UCR crime trend (Washington-level, the finest official aggregation), EPA radon potential and point-source hazard screening.

Washington Crime Trend

FBI UCR

20132024

All crimes / 1k

Violent / 1k

Year	Crimes / 1k	Violent / 1k	YoY
2024	27.9	3.3	-13.0%
2023	32.5	3.6	-12.5%
2022	37.5	3.8	+11.9%
2021	33.7	3.4	+12.1%
2020	30.3	2.9	+0.9%
2019	30.3	3.0	—

Reported at the state level — the finest official US crime aggregation; Alabama Hill inherits the Washington figures.

Radon Potential

EPA

Zone 3

Zone 3 — Lowest potential · Alabama Hill

EPA radon zones estimate indoor radon potential county-wide (Zone 1 highest, Zone 3 lowest). Testing is recommended in all zones.

Environmental Hazards

EPA / BTS

Superfund (NPL)4.2 kmModerate

Industrial odor3 nearbyVery High

Point-source screening near Alabama Hill: EPA Superfund National Priorities List & Facility Registry (2026), BTS aviation noise (2020, 24-hour average level). Superfund shows distance to the nearest listed site; odor shows detected sources within the screening radius. Only detected sources are listed; the bar shows severity vs. all U.S. neighborhoods.

Walkability & Amenities in Alabama Hill

Amenity density and pedestrian access from OpenStreetMap points of interest.

Walkability & Amenities

OpenStreetMap POI

66

Somewhat Walkable

Walkability Score

5

Grocery

28

Dining

4

Schools

0

Universities

2

Hospitals

4

Pharmacies

10

Parks

0

Rail Transit

0

Coworking

POI counts are amenities within Alabama Hill's boundary plus a 400 m walk buffer. Rail transit excludes bus stops.

Alabama Hill vs Bellingham vs Washington

How Alabama Hill benchmarks against its city and state medians.

Benchmark vs City & State

In Alabama Hill, the median sale price sits about 18% below the median for Bellingham neighborhoods and about 13% above the statewide median. Gross rental yield is 3.9%, against 4.0% for Bellingham neighborhoods and 4.0% statewide. Over the past 12 months, prices fell 3.2%. Transaction liquidity sits above the median for Bellingham neighborhoods and above the statewide median.

Area	Median / Sq Ft	Gross Yield	Liquidity
Alabama Hill	$397/sqft	3.9%	37
Bellingham	$487/sqft	4.0%	33
Washington	$352/sqft	4.0%	32

Unlock the Alabama Hill benchmark

Compare Alabama Hill against Bellingham and Washington medians — free with a DistrictScore account.

Buying Property in the US as a Foreigner

Federal & Washington tax facts for non-resident buyers, plus the latest local market news.

Buying as a Foreigner

US Tax & Ownership

Applies to everyone7

Capital Gains (Federal)

Long-term capital gains taxed federally at 0/15/20%, plus a 3.8% Net Investment Income Tax on higher incomes (2026).

Property Tax

Property tax: ~0.74% average effective rate (statewide average; set and collected locally).

State Income Tax

No state income tax — rental income is not taxed at the state level.

State Capital Gains

No general income tax; the 7% capital gains tax exempts real estate.

Transfer Tax

Real estate transfer tax: REET graduated 1.1-3% (mansion-style).

Assessment Cap

No Proposition 13-style assessment cap; property is reassessed at market value.

Mansion Tax / Rent Control

Statewide rent control caps rent increases (HB 1217; 9.683% max for 2026); transfer tax is mansion-style.

US citizens & tax residents6

Primary-Home Exclusion

Selling your main home: exclude up to $250k of gain (single) / $500k (married) if you owned and lived there 2 of the last 5 years.

1031 Like-Kind Exchange

A 1031 like-kind exchange defers capital gains tax on investment property; 45 days to identify, 180 to close. Real estate only.

Depreciation Recapture

Residential rentals depreciate over 27.5 years; on sale, recaptured depreciation is taxed up to 25% (Section 1250).

Mortgage Interest Deduction

Mortgage interest is deductible on up to $750k of home debt. The SALT cap rose to $40,000 for 2025-2029 (reverts to $10k in 2030).

Opportunity Zones

Opportunity Zones are now permanent (2025): reinvested capital gains get deferral plus a basis step-up, and are tax-free after 10 years.

Rental Income (Resident)

Rental income is reported on Schedule E; passive-loss rules (Section 469) limit deducting rental losses against other income.

Foreign buyers (non-residents)5

FIRPTA (Foreign Sellers)

FIRPTA: the buyer withholds 15% of the gross sale price when a nonresident sells US property. It is an advance deposit, not the final tax.

Non-Resident Capital Gains

Nonresident sellers pay US capital gains tax (generally 15-20%) on the net gain via Form 1040-NR; FIRPTA withholding is credited.

Non-Resident Rental Tax

Nonresident rental income is taxed at 30% of gross by default, or on net income at graduated rates via a Section 871(d) election (W-8ECI).

Estate Tax (Non-Resident)

Nonresidents get only a $60,000 US estate-tax exemption (vs $13.99M for residents); US property above it is taxed up to 40%. Treaties may help.

ITIN Requirement

Nonresidents without an SSN need an ITIN (Form W-7) to file US tax returns, claim FIRPTA refunds, and report rental income.

Talk to a US real-estate tax advisor

FIRPTA, ITIN & Washington property-tax guidance for foreign buyers

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Alabama Hill Real Estate FAQ

Alabama Hill, Bellingham, Washington shows a mixed profile. Prices are about 18% below the city median and 13% above the state median, gross yield is 3.9%, and prices are down 3.2% over the past year. The Red Flag score is 60, so risk is moderate.

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