| ZIP Code | 98403 |
|---|---|
| City | Tacoma |
| State | Washington (WA) |
| County | Pierce County |
| Area Code | 253 |
| Elevation | 275 ft |
| Latitude | 47.2658 |
|---|---|
| Longitude | -122.459139 |
| Timezone | Los Angeles (DST) |
| FIPS | 53053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 38.4 yrs ↑ 7% since 2019 |
|---|---|
| Avg Household Size | 1.80 |
| Below Poverty | 7.4% ▼ 26% below avg |
| College Grads | 71.2% ▲ 84% above avg |
| Unemployment | 2.7% ▼ 46% below avg |
| HS Graduate | 804 (12.3%) |
| Some College | 495 (7.6%) |
| Associates | 577 (8.9%) |
| Bachelors | 450 (6.9%) |
| Graduate Degree | 4,190 (64.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $86,179 ▲ 13% above avg ↑ 36% since 2019 |
|---|---|
| Median Home Value | $737,100 ▲ 164% above avg ↑ 68% since 2019 |
| Home/Income Ratio | 8.6x (nat avg ~3.5x) |
| Median Rent | $1,414/mo ↑ 41% since 2019 |
| Total Units | 4,863 |
| Vacant Units | 164 |
| Avg HH Size | 1.80 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 4,863 |
|---|---|
| Vacant | 164 |
| Owner Occupied | 40.0% |
| Renter Occupied | 60.0% |
| Avg HH Size | 1.80 |
ZIP code 98403 is located in Tacoma, Washington, within Pierce County. With a population of 8,586, this is a lightly populated ZIP code with a middle-aged community — the median age is 38.4 years. Economically, 98403 is a middle-income ZIP code: the median household income of $86,179 is near the national average.
Real estate in ZIP code 98403 represents a premium housing market. The median home value of $737,100 is more than double the national average. Renters can expect to pay around $1,414 per month in median rent. This is predominantly a renter community, with 60.0% of occupied units rented — typical of urban and transitional neighborhoods. Median home values have increased by 68% since 2019.
The population of 98403 is primarily White (74.48%). Residents are highly educated — 71.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 7.4%. Household income has grown by 36% since 2019.
The unemployment rate in 98403 stands at 2.7%, which is below the national average. About 21% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 63%.
Overall, ZIP code 98403 in Tacoma, WA is characterized as middle-income, highly educated, and a middle-aged community. With 8,586 residents, a median household income of $86,179, and a median home value of $737,100, it offers a clear picture of life in this part of Washington.