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These days, finding an affordable place to live in the 98562 area can be challenging. Home prices in 98562 are now at a median cost of $176,100, lower than the Washington average of $453,663.
The average cost of rent is $947/mo in 98562, primarily driven by the current value of real estate in the 98562 area. While nearly 63.15% of residents own their homes outright in 98562, 26.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98562 is $4,468 per month. Households that rent pay about 21.20% of their income on rent here. 98562's most expensive areas are in the southern regions, while the cheapest areas are in the northern parts of the zip.
Nearby Zip Codes
- 98571, WA: equally priced homes
- 98587, WA: less expensive homes
- 98536, WA: equally priced homes
- 98535, WA: equally priced homes
- 98552, WA: less expensive homes
- 98560, WA: higher priced homes
- 98584, WA: higher priced homes
- 98592, WA: higher priced homes
- 98546, WA: higher priced homes
- 98524, WA: higher priced homes
Zip Codes with Similar Populations
- 51242, IA: higher priced homes
- 49970, MI: equally priced homes
- 50057, IA: higher priced homes
- 50117, IA: less expensive homes
- 50155, IA: equally priced homes
- 50431, IA: less expensive homes
- 50433, IA: less expensive homes
- 50531, IA: less expensive homes
- 50567, IA: less expensive homes
- 50570, IA: less expensive homes
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