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ZipNumbers

Pierce County · Washington

ZIP code 98407

Population, income, housing costs and the sales tax rate charged on purchases inside ZIP 98407 — Census 2019-2023 ACS 5-year, no modelled estimates.
Population
21,210

ZCTA residents

Median income
$108,905

Household, past 12 months

Median home
$613,000

Owner-occupied value

Sales tax
6.5%

Washington state rate

Quick answer

ZIP 98407 sits in Pierce County, Washington and is home to 21,210 people. Median household income is $108,905, the median home is worth $613,000 and median gross rent is $1,847. 65.4% of households own their home, and purchases are taxed at 6.5% (Washington state rate).

County
Pierce County

FIPS 53053

State
Washington (WA)

605 ZIPs covered

Area codes
Not published

No NANPA match for this ZIP

Metro area
Outside covered metros

Rate jurisdiction used for tax

The numbers for 98407

American Community Survey 2019-2023 ACS 5-year estimates for this ZCTA.

Population
21,210ZIP 98407 residents
Median household income
$108,905Past 12 months, inflation adjusted
Median home value
$613,000Owner-occupied units
Median gross rent
$1,847Rent plus utilities, monthly
Median age
47 yrsAll residents
Homeownership rate
65.4%Owner-occupied households

Sales tax in 98407

What a purchase inside this ZIP costs at checkout.

Rate applied
6.5%State base rate only
Tax on $100
$7Rounded to the dollar
Tax on $1,000
$65Before any exemptions

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.

Rent burden
20%Median rent ÷ median income
Price-to-income
5.6×Home value ÷ household income
Est. mortgage
$3,181/mo20% down, 30-yr at 6.75%
Poverty rate
6.6%Residents below poverty line

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 98407 compares

ZIP 98407 against the median ZIP in Pierce County and across Washington.

MeasureZIP 98407County medianState medianvs state
Median household income$108,905$97,815$80,861+35%
Median home value$613,000$489,600$421,200+46%
Median gross rent$1,847$1,721$1,305+42%
Population21,21011,4974,632+358%

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

richer than 81% of 556 state ZIPs

#108
Home value

above 80% of 548 state ZIPs

#108
Population

larger than 72% of 605 state ZIPs

#167

Comparable ZIP codes

Washington ZIP areas with almost the same household income.

ZIPCountyIncomeHome valueRent
98374Pierce County$108,854$491,200$1,925
98601Clark County$108,990$517,300$1,129
98629Clark County$108,789$568,900$1,978
98118King County$109,085$746,400$1,831
98604Clark County$108,616$543,500$1,492
98056King County$108,596$726,300$1,992

Nearby ZIP codes

Other ZIP codes filed under Pierce County.

ZIP 98407 questions

Common questions about this ZIP code.

Where is ZIP code 98407?
ZIP 98407 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 98407?
Washington charges 6.5% statewide, plus any county, city or district rate that applies locally.
Is 98407 expensive to live in?
Median rent runs $1,847 a month, about 20% of median household income, and the median home is worth $613,000+46% 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.

Related pages for this area.

Sources & transparency

Every figure on this page is a published estimate for ZIP Code Tabulation Area 98407, except the affordability ratios and mortgage estimate, which we derive from those medians and label as estimates.

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.