
Expensive
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These days, finding an affordable place to live in the Frederickson area can be challenging. Home prices in Frederickson are now at a median cost of $436,950, lower than the Tacoma average of $516,587.
The average cost of rent is $2,305/mo in Frederickson, primarily driven by the current value of real estate in the Frederickson area. In Frederickson, 42.68% of households rent, and 25.73% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Frederickson is $8,475 per month. Households that rent pay about 27.20% of their income on rent here. Frederickson’s most expensive areas are in the southeastern regions, while the cheapest areas are in the northwestern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Elk Plain, Spanaway, WA: equally priced homes
- Summit, Puyallup, WA: equally priced homes
- Waller, Tacoma, WA: higher priced homes
- South End, Tacoma, WA: equally priced homes
- Woodbrook, Lakewood, WA: less expensive homes
- Eastside Enact, Tacoma, WA: equally priced homes
- South Tacoma, Tacoma, WA: less expensive homes
- New Tacoma, Tacoma, WA: higher priced homes
- Central, Tacoma, WA: higher priced homes
- North End, Tacoma, WA: higher priced homes
Neighborhoods with Similar Populations
- Highlands-Providence, Fall River, MA: equally priced homes
- Downtown West Palm Beach, West Palm Beach, FL: higher priced homes
- Eagle Point District, Dubuque, IA: less expensive homes
- Tippecanoe, Milwaukee, WI: less expensive homes
- Sunset Hills, Lawrence, KS: less expensive homes
- Sun Groves, Chandler, AZ: higher priced homes
- Enterprise, Redding, CA: less expensive homes
- St Jean, Detroit, MI: less expensive homes
- Glendale, Los Angeles, CA: higher priced homes
- Harding, Roseville, CA: equally priced homes
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