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These days, finding an affordable place to live in the 98947 area can be challenging. Home prices in 98947 are now at a median cost of $256,004, lower than the Washington average of $621,115.
The average cost of rent is $901/mo in 98947, primarily driven by the current value of real estate in the 98947 area. In 98947, 32.90% of households rent, and 45.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 98947 is $6,063 per month. Households that rent pay about 14.86% of their income on rent here. 98947’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern 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
- 98937, WA: higher priced homes
- 98923, WA: less expensive homes
- 98908, WA: higher priced homes
- 98942, WA: higher priced homes
- 98901, WA: equally priced homes
- 98950, WA: higher priced homes
- 99321, WA: higher priced homes
- 99349, WA: higher priced homes
- 98361, WA: higher priced homes
- 98304, WA: higher priced homes
Zip Codes with Similar Populations
- 12846, NY: less expensive homes
- 12919, NY: less expensive homes
- 13411, NY: less expensive homes
- 13471, NY: less expensive homes
- 30538, GA: less expensive homes
- 43046, OH: higher priced homes
- 75416, TX: less expensive homes
- 54984, WI: less expensive homes
- 55027, MN: higher priced homes
- 56063, MN: higher priced homes
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