| ZIP Code | 98406 |
|---|---|
| City | Tacoma |
| State | Washington (WA) |
| County | Pierce County |
| Area Code | 253 |
| Elevation | 369 ft |
| Latitude | 47.264107 |
|---|---|
| Longitude | -122.512591 |
| Timezone | Los Angeles (DST) |
| FIPS | 53053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.8 yrs ↑ 9% since 2019 |
|---|---|
| Avg Household Size | 2.25 |
| Below Poverty | 7.1% ▼ 29% below avg |
| College Grads | 58.1% ▲ 50% above avg |
| Unemployment | 4.6% ≈ Avg |
| No HS Diploma | 98 (0.6%) |
| HS Graduate | 2,909 (17.7%) |
| Some College | 1,762 (10.7%) |
| Associates | 2,133 (13%) |
| Bachelors | 1,714 (10.4%) |
| Graduate Degree | 7,839 (47.6%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $104,761 ▲ 37% above avg ↑ 28% since 2019 |
|---|---|
| Median Home Value | $594,100 ▲ 113% above avg ↑ 69% since 2019 |
| Home/Income Ratio | 5.7x (nat avg ~3.5x) |
| Median Rent | $1,677/mo ↑ 43% since 2019 |
| Total Units | 10,748 |
| Vacant Units | 598 |
| Avg HH Size | 2.25 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 10,748 |
|---|---|
| Vacant | 598 |
| Owner Occupied | 63.7% |
| Renter Occupied | 36.3% |
| Avg HH Size | 2.25 |
ZIP code 98406 is located in Tacoma, Washington, within Pierce County. With a population of 23,642, this is a moderately populated ZIP code with a middle-aged community — the median age is 41.8 years. Economically, 98406 is a upper-middle-income ZIP code: the median household income of $104,761 is above the national average.
Real estate in ZIP code 98406 represents a premium housing market. The median home value of $594,100 is more than double the national average. Renters can expect to pay around $1,677 per month in median rent. Homeownership is strong here — 63.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 69% since 2019.
The population of 98406 is primarily White (76.74%). Residents are well-educated — 58.1% hold a bachelor's degree or higher, which is above the national average. Poverty affects a relatively small share of residents at 7.1%. Household income has grown by 28% since 2019.
The unemployment rate in 98406 stands at 4.6%, which is near the national average. About 19% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 66%.
Overall, ZIP code 98406 in Tacoma, WA is characterized as upper-middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 23,642 residents, a median household income of $104,761, and a median home value of $594,100, it offers a clear picture of life in this part of Washington.