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Affordable
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These days, finding an affordable place to live in the 98541 area can be challenging. Home prices in 98541 are now at a median cost of $408,490, lower than the Washington average of $621,115.
The average cost of rent is $976/mo in 98541, primarily driven by the current value of real estate in the 98541 area. In 98541, 19.01% of households rent, and 39.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98541 is $7,028 per month. Households that rent pay about 13.88% of their income on rent here. 98541’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern 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
- 98583, WA: less expensive homes
- 98559, WA: equally priced homes
- 98557, WA: equally priced homes
- 98563, WA: less expensive homes
- 98537, WA: less expensive homes
- 98520, WA: less expensive homes
- 98512, WA: higher priced homes
- 98502, WA: higher priced homes
- 98550, WA: less expensive homes
- 98501, WA: higher priced homes
Zip Codes with Similar Populations
- 10709, NY: higher priced homes
- 32820, FL: equally priced homes
- 32640, FL: less expensive homes
- 28170, NC: less expensive homes
- 85941, AZ: less expensive homes
- 84004, UT: higher priced homes
- 16901, PA: less expensive homes
- 15224, PA: less expensive homes
- 13357, NY: less expensive homes
- 13165, NY: less expensive homes
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