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Area data

Tacoma, WA — ZIP 98405

Population: 25,939 (Census ACS)

The median home value in ZIP 98405 (Tacoma, WA) is $463,329 — up 0.2% over the past year. Homes sell for a median $480,000 after a median 10.5 days on market. Typical rent runs $1,640/month. 12 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with avalanche, coldwave, earthquake the top-rated hazards. Cost of living is 7.5% above the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$463,329

Median home value

+0.2%

1-year change

10.5

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Median home value
$463,329
1-year appreciation
+0.2%
3-year appreciation
+2.4%
5-year appreciation
+6.4%
10-year appreciation
+118.7%
All-time peak (2022-06)
$479,089
House Price Index (state)
588.1 (+2.2% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$480,000
Median list price
$494,475
Median price per sqft
$312
1-year sale-price change
0.0%
Median days on market
10.5 days
Homes sold (recent period)
91
For-sale inventory
63
Sale-to-list ratio
101.5%
Active listings
50
1-year forecast
-0.6%
Days to pending
40 days
New listings (monthly)
27

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$1,640/mo
1-year rent change
+1.3%
Studio fair-market rent
$1,083/mo
1BR fair-market rent
$1,354/mo
2BR fair-market rent
$1,680/mo
3BR fair-market rent
$2,183/mo
4BR fair-market rent
$2,519/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
107.5 (100 = US avg)
Electricity rate (state-level)
13.1¢/kWh
Natural gas rate (state-level)
$17.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
12
Elementary schools
5
Middle schools
1
High schools
5
School districts serving the area
Bates Technical College, Tacoma School District
Schools include
Bates Technical High School, Bates Technical College - Open Doors, Bryant Montessori School, Delong Elementary School, Foss High School

Source: NCES school directory, 2022-23 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
avalanche, coldWave, earthquake, heatWave, iceStorm
Notable hazard ratings (county)
avalanche: Very High · coastalFlooding: Relatively Moderate · coldWave: Relatively High · earthquake: Relatively High · heatWave: Relatively High · iceStorm: Relatively High
Wildfire risk to homes (county)
Higher than 74% of US counties
Buildings in wildfire direct-exposure zone
19.6%
Radon potential (county)
Low radon potential — EPA Zone 3 of 3
EPA Superfund (NPL) sites within 5 mi
2
Nearest Superfund site
Commencement Bay, South Tacoma Channel (1.1 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA flood data (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in
USDA plant hardiness zone
8b (extreme annual low 15 to 20°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
42
Days with Good air quality
273
Days with Moderate air quality
89
Days with Unhealthy air quality
3
Highest AQI recorded (year)
195

Source: EPA air quality data (nearest monitoring station, annual)

Walkability & transit

Walkability index
15.0 / 20
Transit service frequency
539
Jobs reachable by car (30 min)
89,250
Jobs reachable by transit (45 min)
74,401

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
3
Nearest national park
Klondike Gold Rush - Seattle Unit National Historical Park (25 mi)
National parks include
Klondike Gold Rush - Seattle Unit National Historical Park, Wing Luke Museum Affiliated Area, Mount Rainier National Park
Airports within 30 mi
44
Nearest airport
Tacoma Narrows Airport (TIW) (5 mi)
Nearest major airport
Tacoma Narrows Airport (TIW) (5 mi)
Hospitals nearby (~15 mi)
3
Hospitals include
ST JOSEPH MEDICAL CENTER, TACOMA GENERAL ALLENMORE HOSPITAL, WELLFOUND BEHAVIORAL HEALTH HOSPITAL
Avg hospital rating (CMS)
3.0 / 5
Best hospital rating nearby (CMS)
4.0 / 5
Solar radiation rating
Poor (3.5 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data · DOE/NREL (proximity-based)

Migration

Net migration (county)
+242 tax filers

Source: IRS county-to-county migration data (county-level, ~12-month lag)

Housing stock

Median year housing built
1,942
Housing built before 1970
69.6%
Housing built 2000 or later
12.8%
Median annual property tax
$4,370
Mean commute to work
23 min
Households with broadband internet
80.5%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
272,091
Average weekly wage
$1,222
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
1,729

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

ZIP 98405State medianUS median
Median home value$463,329$504,993$289,727
Median sale price$480,000$510,000$325,000
Median days on market11 days29 days51 days
Typical rent$1,640/mo$2,041/mo$1,808/mo
Median annual property tax$4,370$3,381$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the median home value in ZIP 98405?
$463,329.
What is the median sale price in ZIP 98405?
$480,000.
How long do homes take to sell in ZIP 98405?
Median days on market: 10.5 days.
What is typical rent in ZIP 98405?
Typical rent: $1,640/month.
What is the natural-hazard risk in ZIP 98405?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: avalanche, coldWave, earthquake, heatWave, iceStorm.
What is the wildfire risk in ZIP 98405?
Risk to homes is higher than 74% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in ZIP 98405?
Low radon potential — EPA Zone 3 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near ZIP 98405?
2 current or proposed National Priorities List sites within 5 miles (EPA). Nearest site: Commencement Bay, South Tacoma Channel, 1.1 mi.
How many schools serve ZIP 98405?
12 schools (5 elementary, 1 middle, 5 high) (NCES, 2022-23).
Is ZIP 98405 walkable?
Walkability index: 15.0/20 (EPA Smart Location Database).
What is the air quality in ZIP 98405?
Good. Median AQI: 42. (EPA AQI).
What is the cost of living in ZIP 98405?
Regional Price Parity: 107.5 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

Nearby ZIP codes

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Data last updated

Most recent source refresh: Sep 2026. See all data sources →

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