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These days, finding an affordable place to live in the 98840 area can be challenging. Home prices in 98840 are now at a median cost of $200,196, lower than the Washington average of $453,663.
The average cost of rent is $821/mo in 98840, primarily driven by the current value of real estate in the 98840 area. While nearly 48.87% of residents own their homes outright in 98840, 39.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in 98840 is $4,226 per month. Households that rent pay about 19.43% of their income on rent here. 98840's most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the zip.
Nearby Zip Codes
- 98841, WA: less expensive homes
- 98829, WA: equally priced homes
- 98856, WA: higher priced homes
- 98814, WA: higher priced homes
- 98862, WA: higher priced homes
- 98852, WA: higher priced homes
- 99138, WA: less expensive homes
- 99167, WA: higher priced homes
- 99131, WA: higher priced homes
- 99101, WA: higher priced homes
Zip Codes with Similar Populations
- 19031, PA: higher priced homes
- 78361, TX: less expensive homes
- 78118, TX: less expensive homes
- 77514, TX: less expensive homes
- 24538, VA: less expensive homes
- 24090, VA: higher priced homes
- 24088, VA: less expensive homes
- 21863, MD: higher priced homes
- 21817, MD: less expensive homes
- 21013, MD: higher priced homes
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