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Affordable
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These days, finding an affordable place to live in the 98520 area can be challenging. Home prices in 98520 are now at a median cost of $275,688, lower than the Washington average of $621,115.
The average cost of rent is $1,003/mo in 98520, primarily driven by the current value of real estate in the 98520 area. In 98520, 35.57% of households rent, and 45.53% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98520 is $5,005 per month. Households that rent pay about 20.04% of their income on rent here. 98520’s most expensive areas are in the southwestern regions, while the cheapest areas are in the western 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
- 98550, WA: less expensive homes
- 98537, WA: higher priced homes
- 98563, WA: higher priced homes
- 98595, WA: equally priced homes
- 98583, WA: higher priced homes
- 98569, WA: higher priced homes
- 98541, WA: higher priced homes
- 98559, WA: higher priced homes
- 98557, WA: higher priced homes
- 98568, WA: higher priced homes
Zip Codes with Similar Populations
- 04210, ME: equally priced homes
- 06042, CT: equally priced homes
- 23324, VA: less expensive homes
- 77550, TX: higher priced homes
- 01602, MA: higher priced homes
- 46041, IN: less expensive homes
- 46725, IN: less expensive homes
- 48083, MI: higher priced homes
- 49316, MI: higher priced homes
- 55430, MN: equally priced homes
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