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These days, finding an affordable place to live in the 98278 area can be challenging. Home prices in 98278 are now at a median cost of $410,000, lower than the Washington average of $621,115.
The average cost of rent is $1,804/mo in 98278, primarily driven by the current value of real estate in the 98278 area. In 98278, 81.11% of households rent, and 47.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98278 is $3,516 per month. Households that rent pay about 51.31% of their income on rent here. 98278’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 98277, WA: higher priced homes
- 98257, WA: higher priced homes
- 98221, WA: higher priced homes
- 98261, WA: higher priced homes
- 98238, WA: higher priced homes
- 98273, WA: higher priced homes
- 98274, WA: higher priced homes
- 98233, WA: higher priced homes
- 98292, WA: higher priced homes
- 98235, WA: equally priced homes
Zip Codes with Similar Populations
- 75929, TX: less expensive homes
- 24931, WV: less expensive homes
- 25043, WV: less expensive homes
- 26591, WV: less expensive homes
- 26681, WV: less expensive homes
- 27814, NC: less expensive homes
- 01072, MA: equally priced homes
- 51046, IA: less expensive homes
- 66866, KS: less expensive homes
- 68640, NE: less expensive homes
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