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ZIP Code 98404

Learn about the people, housing, costs and businesses in 98404

Median Home$416,414
Median Rent$1,577/month
Population32,485
Leading IndustriesFinance & Insurance · Education · Information & Media9% finance & insurance
Home Value Growth+4.5% over 2 years
Young Adults34% of residentsabove average nationally
Homeowners66% of occupied units
ZIP Code
98404

Frequently Asked Questions

What are today's mortgage rates in ZIP code 98404?

As of today, the 30-year fixed mortgage rate for ZIP code 98404 is approximately 6.875% (6.910% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for ZIP code 98404
What is the median home price in ZIP code 98404?

The median home value in ZIP code 98404 is $416k. The median monthly rent is $1,577. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 98404?

Home values in ZIP code 98404 have increased 4.5% over the past two years. This represents moderate growth. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in ZIP code 98404?

Based on a typical all-in ownership cost of $1,625/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $70k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 98404 is $78k/year.

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What industries drive the economy in ZIP code 98404?

The largest employment sectors in ZIP code 98404 are public administration (21%) and wholesale trade (10%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

Nearby Areas

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