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These days, finding an affordable place to live in the 98547 area can be challenging. Home prices in 98547 are now at a median cost of $209,054, lower than the Washington average of $621,115.
The average cost of rent is $782/mo in 98547, primarily driven by the current value of real estate in the 98547 area. In 98547, 16.59% of households rent, and 65.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98547 is $4,317 per month. Households that rent pay about 18.11% of their income on rent here. 98547’s most expensive areas are in the northern 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
- 98595, WA: higher priced homes
- 98590, WA: higher priced homes
- 98527, WA: higher priced homes
- 98586, WA: higher priced homes
- 98577, WA: higher priced homes
- 98568, WA: higher priced homes
- 98579, WA: higher priced homes
- 98544, WA: higher priced homes
- 98531, WA: higher priced homes
- 98532, WA: higher priced homes
Zip Codes with Similar Populations
- 02807, RI: higher priced homes
- 36759, AL: less expensive homes
- 98639, WA: higher priced homes
- 38582, TN: higher priced homes
- 98276, WA: higher priced homes
- 97497, OR: higher priced homes
- 93266, CA: higher priced homes
- 43320, OH: less expensive homes
- 87319, NM: less expensive homes
- 86042, AZ: less expensive homes
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