98047 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: King County
Centroid: Latitude 47.308, Longitude -122.227
Time Zone: Pacific Time Zone (UTC -8 hours)
Observes DST: Yes

ZIP Code 98047 has segments in 2 Counties (King, Pierce).

Businesses Addresses: 169
PO Box Addresses: 0
Residential Addresses: 2,364

Multi-Family Addresses: 1
Single Family Addresses: 2,363

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Pacific, WA 98047 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	7,181 (100%)
Population in Households	7,105 (98.9%)
Population in Families	5,790 (80.6%)
Population in Group Quarters¹	76 ( 1.1%)
Population Density	3,542
Diversity Index²	73


INCOME
Median Household Income	$62,357
Average Household Income	$78,699
% of Income for Mortgage⁴	21%
Per Capita Income	$26,563
Wealth Index⁵	60

HOUSING
Total HU (Housing Units)	2,567 (100%)
Owner Occupied HU	1,242 (48.4%)
Renter Occupied HU	1,180 (46.0%)
Vacant Housing Units	145 ( 5.6%)
Median Home Value	$318,100
Average Home Value	$357,267
Housing Affordability Index³	114

HOUSEHOLDS
Total Households	2,422
Average Household Size	2.93
Family Households	1,724
Average Family Size	3

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Pacific, WA 98047 - Peer Comparisons by Rank and Percentile

The table below compares 98047 to the other 588 ZIP Codes in Washington by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	1.23%	1.18%
Households	1.07%	1.04%
Families	1.2%	1.15%
Median Household Income		1.27%
Per Capita Income		1.4%
Owner Occupied HU		0.9%

Variable Description	Rank	Percentile
Total Population	# 266	55th
Population Density	# 91	85th
Median Household Income	# 282	52nd
Housing Affordability Index	# 231	39th
Per Capita Income	# 440	25th
Diversity Index	# 66	89th

Pacific, WA 98047 ZIP Code Profile

ZIP Code 98047: Basic Data & USPS Preferred City Name

Pacific, WA 98047 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Pacific, WA 98047 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 98047

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