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These days, finding an affordable place to live in the 98550 area can be challenging. Home prices in 98550 are now at a median cost of $250,302, lower than the Washington average of $621,115.
The average cost of rent is $1,106/mo in 98550, primarily driven by the current value of real estate in the 98550 area. In 98550, 33.83% of households rent, and 52.19% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98550 is $5,135 per month. Households that rent pay about 21.55% of their income on rent here. 98550’s most expensive areas are in the northeastern 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
- 98520, WA: higher priced homes
- 98537, WA: higher priced homes
- 98569, WA: higher priced homes
- 98563, WA: higher priced homes
- 98535, WA: higher priced homes
- 98536, WA: higher priced homes
- 98583, WA: higher priced homes
- 98541, WA: higher priced homes
- 98559, WA: higher priced homes
- 98557, WA: higher priced homes
Zip Codes with Similar Populations
- 18080, PA: equally priced homes
- 14004, NY: equally priced homes
- 10604, NY: higher priced homes
- 53965, WI: equally priced homes
- 70121, LA: equally priced homes
- 65233, MO: less expensive homes
- 61525, IL: higher priced homes
- 55401, MN: higher priced homes
- 54806, WI: less expensive homes
- 54451, WI: less expensive homes
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