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These days, finding an affordable place to live in the 98602 area can be challenging. Home prices in 98602 are now at a median cost of $525,177, lower than the Washington average of $621,115.
The average cost of rent is $1,291/mo in 98602, primarily driven by the current value of real estate in the 98602 area. In 98602, 17.80% of households rent, and 45.68% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98602 is $4,800 per month. Households that rent pay about 26.90% of their income on rent here. 98602’s most expensive areas are in the southern regions, while the cheapest areas are in the central 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
- 98628, WA: equally priced homes
- 98670, WA: equally priced homes
- 98635, WA: less expensive homes
- 98672, WA: higher priced homes
- 98605, WA: higher priced homes
- 98651, WA: higher priced homes
- 98650, WA: higher priced homes
- 98613, WA: less expensive homes
- 98620, WA: less expensive homes
- 98610, WA: equally priced homes
Zip Codes with Similar Populations
- 78860, TX: less expensive homes
- 50594, IA: less expensive homes
- 51029, IA: less expensive homes
- 51231, IA: less expensive homes
- 51444, IA: less expensive homes
- 52056, IA: less expensive homes
- 52134, IA: less expensive homes
- 56166, MN: less expensive homes
- 59347, MT: less expensive homes
- 78342, TX: less expensive homes
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