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Affordable
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These days, finding an affordable place to live in the 98862 area can be challenging. Home prices in 98862 are now at a median cost of $721,988, higher than the Washington average of $621,115.
The average cost of rent is $1,116/mo in 98862, primarily driven by the current value of real estate in the 98862 area. In 98862, 23.02% of households rent, and 45.93% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98862 is $6,387 per month. Households that rent pay about 17.47% of their income on rent here. 98862’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northeastern 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
- 98856, WA: less expensive homes
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- 98263, WA: less expensive homes
Zip Codes with Similar Populations
- 71469, LA: less expensive homes
- 35643, AL: less expensive homes
- 37762, TN: less expensive homes
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- 01360, MA: less expensive homes
- 80440, CO: less expensive homes
- 72959, AR: less expensive homes
- 72554, AR: less expensive homes
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