98354 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Pierce County
Centroid: Latitude 47.249, Longitude -122.316
Time Zone: Pacific Time Zone (UTC -8 hours)
Observes DST: Yes

ZIP Code 98354 has segments in 2 Counties (King, Pierce).

Businesses Addresses: 473
PO Box Addresses: 1,114
Residential Addresses: 3,255

Multi-Family Addresses: 601
Single Family Addresses: 2,654

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2023, Maps updated: May 3, 2023.

Milton, WA 98354 Data & Demographics (As of July 1, 2023)

POPULATION
Total Population	7,419 (100%)
Population in Households	7,272 (98.0%)
Population in Families	5,553 (74.8%)
Population in Group Quarters¹	147 ( 2.0%)
Population Density	2,813
Diversity Index²	60


INCOME
Median Household Income	$92,829
Average Household Income	$121,826
% of Income for Mortgage⁴	32%
Per Capita Income	$49,174
Wealth Index⁵	106
Socioeconomic Status Index⁶	Moderate (52.6)

HOUSING
Total HU (Housing Units)	3,096 (100%)
Owner Occupied HU	1,853 (59.9%)
Renter Occupied HU	1,140 (36.8%)
Vacant Housing Units	103 ( 3.3%)
Median Home Value	$496,168
Average Home Value	$539,166
Housing Affordability Index³	75

HOUSEHOLDS
Total Households	2,993
Average Household Size	2.43
Family Households	1,848
Average Family Size	3.00

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.
The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

Milton, WA 98354 - Peer Comparisons by Rank and Percentile

The table below compares 98354 to the other 590 ZIP Codes in Washington by rank and percentile using July 1, 2023 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	2020-2023	2023-2028
Population	0.98%	0.42%
Households	0.83%	0.42%
Families		0.65%
Median Household Income		3.15%
Per Capita Income		3.43%
Owner Occupied HU		1.25%

Variable Description	Rank	Percentile
Total Population	# 266	55th
Population Density	# 113	81st
Median Household Income	# 152	74th
Housing Affordability Index	# 329	56th
Per Capita Income	# 161	73rd
Diversity Index	# 198	67th

98354 ZIP Code Profile, Map, Data & Demographics

ZIP Code 98354: Basic Data & USPS Preferred City Name

Milton, WA 98354 Data & Demographics (As of July 1, 2023)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Milton, WA 98354 - Peer Comparisons by Rank and Percentile

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