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These days, finding an affordable place to live in the 98406 area can be challenging. Home prices in 98406 are now at a median cost of $406,711, lower than the Washington average of $453,663.
The average cost of rent is $1,401/mo in 98406, primarily driven by the current value of real estate in the 98406 area. While nearly 30.63% of residents own their homes outright in 98406, 35.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98406 is $8,141 per month. Households that rent pay about 17.21% of their income on rent here. 98406's most expensive areas are in the central regions, while the cheapest areas are in the western parts of the zip.
Nearby Zip Codes
- 98416, WA: higher priced homes
- 98407, WA: higher priced homes
- 98465, WA: equally priced homes
- 98405, WA: less expensive homes
- 98403, WA: higher priced homes
- 98466, WA: equally priced homes
- 98402, WA: less expensive homes
- 98409, WA: less expensive homes
- 98418, WA: less expensive homes
- 98421, WA: higher priced homes
Zip Codes with Similar Populations
- 02467, MA: higher priced homes
- 10708, NY: higher priced homes
- 11714, NY: higher priced homes
- 77441, TX: equally priced homes
- 48375, MI: less expensive homes
- 50320, IA: less expensive homes
- 51104, IA: less expensive homes
- 52246, IA: less expensive homes
- 53027, WI: less expensive homes
- 55420, MN: less expensive homes
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