| ZIP Code | 98498 |
|---|---|
| City | Lakewood |
| State | Washington (WA) |
| County | Pierce County |
| Area Code | 253 |
| Elevation | 311 ft |
| Latitude | 47.159592 |
|---|---|
| Longitude | -122.557929 |
| Timezone | Los Angeles (DST) |
| FIPS | 53053 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 41.4 yrs ↑ 4% since 2019 |
|---|---|
| Avg Household Size | 2.33 |
| Below Poverty | 8.7% ▼ 13% below avg |
| College Grads | 42.9% ▲ 11% above avg |
| Unemployment | 4.2% ▼ 15% below avg |
| No HS Diploma | 330 (1.6%) |
| HS Graduate | 4,650 (23.1%) |
| Some College | 2,433 (12.1%) |
| Associates | 4,079 (20.3%) |
| Bachelors | 2,609 (13%) |
| Graduate Degree | 6,015 (29.9%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $88,382 ▲ 16% above avg ↑ 32% since 2019 |
|---|---|
| Median Home Value | $458,200 ▲ 64% above avg ↑ 62% since 2019 |
| Home/Income Ratio | 5.2x (nat avg ~3.5x) |
| Median Rent | $1,604/mo ↑ 36% since 2019 |
| Total Units | 12,842 |
| Vacant Units | 988 |
| Avg HH Size | 2.33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 12,842 |
|---|---|
| Vacant | 988 |
| Owner Occupied | 61.4% |
| Renter Occupied | 38.6% |
| Avg HH Size | 2.33 |
ZIP code 98498 is located in Lakewood, Washington, within Pierce County. With a population of 28,940, this is a moderately populated ZIP code with a middle-aged community — the median age is 41.4 years. Economically, 98498 is a middle-income ZIP code: the median household income of $88,382 is above the national average.
Real estate in ZIP code 98498 represents a premium housing market. The median home value of $458,200 is significantly above the national average. Renters can expect to pay around $1,604 per month in median rent. Homeownership is strong here — 61.4% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 62% since 2019.
The population of 98498 is majority White (51.89%). Residents are well-educated — 42.9% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 8.7%. Household income has grown by 32% since 2019.
The unemployment rate in 98498 stands at 4.2%, which is near the national average. As in most parts of the country, driving alone is the dominant commute mode at 74%.
Overall, ZIP code 98498 in Lakewood, WA is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 28,940 residents, a median household income of $88,382, and a median home value of $458,200, it offers a clear picture of life in this part of Washington.