Pierce County · Washington
ZIP code 98406
- Population
- 23,642
- Median income
- $104,761
- Median home
- $594,100
- Sales tax
- 6.5%
ZCTA residents
Household, past 12 months
Owner-occupied value
Washington state rate
Quick answer
ZIP 98406 sits in Pierce County, Washington and is home to 23,642 people. Median household income is $104,761, the median home is worth $594,100 and median gross rent is $1,677. 63.7% of households own their home, and purchases are taxed at 6.5% (Washington state rate).
- County
- Pierce County
- State
- Washington (WA)
- Area codes
- Not published
- Metro area
- Outside covered metros
FIPS 53053
605 ZIPs covered
No NANPA match for this ZIP
Rate jurisdiction used for tax
The numbers for 98406
American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.
- Population
- 23,642ZIP 98406 residents
- Median household income
- $104,761Past 12 months, inflation adjusted
- Median home value
- $594,100Owner-occupied units
- Median gross rent
- $1,677Rent plus utilities, monthly
- Median age
- 41.8 yrsAll residents
- Homeownership rate
- 63.7%Owner-occupied households
Sales tax in 98406
What a purchase inside this ZIP costs at checkout.
Washington levies 6.5% statewide, and counties, cities and special districts inside this ZIP can add their own local rate on top. Check the county page for the local component before you quote a price.
Affordability in this ZIP
Derived from the Census medians above — indicative, not an offer.
A rent burden above 30% is the federal threshold for cost-burdened households, and a price-to-income multiple above 4× is generally considered a stretched housing market. The mortgage figure is principal and interest only — taxes, insurance and HOA dues are extra.
How 98406 compares
ZIP 98406 against the median ZIP in Pierce County and across Washington.
| Measure | ZIP 98406 | County median | State median | vs state |
|---|---|---|---|---|
| Median household income | $104,761 | $97,815 | $80,861 | +30% |
| Median home value | $594,100 | $489,600 | $421,200 | +41% |
| Median gross rent | $1,677 | $1,721 | $1,305 | +29% |
| Population | 23,642 | 11,497 | 4,632 | +410% |
Medians are computed across the 57 ZIP areas in Pierce County and the 605 ZIP areas in Washington.
Statewide rank
Where this ZIP places among all 605 Washington ZIP areas.
- Income
- #127
- Home value
- #122
- Population
- #147
richer than 77% of 556 state ZIPs
above 78% of 548 state ZIPs
larger than 76% of 605 state ZIPs
Comparable ZIP codes
Washington ZIP areas with almost the same household income.
Nearby ZIP codes
Other ZIP codes filed under Pierce County.
ZIP 98406 questions
Common questions about this ZIP code.
- Where is ZIP code 98406?
- ZIP 98406 lies mostly in Pierce County, Washington. County assignment follows the largest share of land area, so a ZIP straddling a county line is filed under its dominant county.
- What sales tax do I pay in 98406?
- Washington charges 6.5% statewide, plus any county, city or district rate that applies locally.
- Is 98406 expensive to live in?
- Median rent runs $1,677 a month, about 19% of median household income, and the median home is worth $594,100 — +41% against the typical Washington ZIP.
- Is a ZCTA the same as a postal ZIP code?
- Not exactly. The Census builds ZIP Code Tabulation Areas from the ZIP codes of addresses inside each census block, so a ZCTA can differ slightly from the USPS delivery route of the same number, and PO-box-only ZIPs have no ZCTA at all.
Keep going
Related pages for this area.
Sources & transparency
- US Census Bureau, ACS 2019-2023 5-year estimates — 2019-2023 ACS 5-year — population, income, housing
- Census 2020 ZCTA-to-county relationship file — County assignment by largest land-area overlap
- Washington State Department of Revenue — Sales tax rates and local add-ons
Last reviewed December 2024. Figures are published for reference and can change; verify with the source agency before filing or contracting. How we build and check this data.