Get & compare mortgage quotes anonymously Start in My Home

Safe Rate Local

ZIP Code 98547

Learn about the people, housing, costs and businesses in 98547

Median Home$274,510
Median Rent$706/month
Population3,606
Leading IndustriesConstruction · Agriculture & Mining15% construction
Home Value Growth⬆⬆⬆+28.9% over 2 years
Young Adults31% of residentsabove average nationally
Homeowners84% of occupied units
NotableVeteran Community10% of residents · top 16% nationally
ZIP Code
98547

Frequently Asked Questions

What are today's mortgage rates in ZIP code 98547?

As of today, the 30-year fixed mortgage rate for ZIP code 98547 is approximately 6.887% (6.923% 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 98547
What is the median home price in ZIP code 98547?

The median home value in ZIP code 98547 is $275k. The median monthly rent is $706. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in ZIP code 98547?

Home values in ZIP code 98547 have increased 28.9% over the past two years. This indicates a strong appreciation trend. 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 98547?

Based on a typical all-in ownership cost of $706/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $30k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in ZIP code 98547 is $52k/year.

Calculate your buying power
What industries drive the economy in ZIP code 98547?

The largest employment sectors in ZIP code 98547 are public administration (17%) and agriculture and mining (15%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.