Tacoma, WA 98405 ZIP Code Profile

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Tacoma, WA
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ZIP Code 98405: Basic Data & USPS Preferred City Name

Preferred Name, USPS
Tacoma, WA 98405

  • ZIP Code Type: STANDARD
  • County: Pierce County
  • Centroid: Latitude 47.249, Longitude -122.465
  • Time Zone: Pacific Time Zone (UTC -8 hours)
  • Observes DST: Yes
  • Businesses Addresses: 753
  • PO Box Addresses: 0
  • Residential Addresses: 10,865
    • Multi-Family Addresses: 3,359
    • Single Family Addresses: 7,506

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

Jump to... (On This Page!)
  1. 98405 2019 Demographic Data
  2. Growth Rates for 98405 (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Washington Research Tools (Easy Tools & Current Data)
  3. Washington Data Comparison Tool - 2019 Demographics

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Boundary Maps, Demographic Data, School Zones Review maps and data for the neighborhood, city, county, ZIP Code, and school zone. July 1, 2019, data includes home values, household income, percentage of homes owned, rented or vacant, etc.



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Tacoma, WA 98405 Data & Demographics (As of July 1, 2019)

HOUSING AFFORDABILITY INDEX

Tacoma, WA 98405 Housing Affordability Index is 89
State of Washington Housing Affordability Index is 95
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.

WEALTH INDEX

Tacoma, WA 98405 Wealth Index is 47
State of Washington Wealth Index is 118
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.

These new demographic attributes are availiable for Neighborhoods, Cities, Counties, and ZIP Codes.

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  1. For information about schools and school attendance zones, use the HTL Address Tool
  2. Our new HTL Neighborhood Explorer provides lots of detail about any neighborhood.
  3. The new 2-Minute Introduction and Concise Guide to Big Data which will help you make the most effective use of HomeTownLocator Tools.
  4. See the References & Data Sources page for more information about methodology and sources of data.
  5. See the Washington COVID-19 Data and US COVID-19 Data for more information on the spread of the novel coronavirus.

POPULATION

Total Population 27,333
Population in Households 25,273
Population in Families 16,598
Population in Group Qrtrs 2,060
Population Density 6,436
Diversity Index1 70
 

INCOME

Median Household Income $46,715
Average Household Income $59,595
Per Capita Income $23,883
Wealth Index3 47

HOUSING

Total Housing Units 12,048 (100%)
Owner Occupied HU 5,006 (41.6%)
Renter Occupied HU 5,854 (48.6%)
Vacant Housing Units 1,188 ( 9.9%)
Median Home Value $251,160
Housing Affordability Index2 89
 

HOUSEHOLDS

Total Households 10,860
Average Household Size 2.33
Family Households 5,366
Average Family Size 3
NOTES
  1. 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 race 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.
  2. 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.
  3. 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.

GROWTH RATE / YEAR

2010-2019 2019-2024
Population 1.02% 1.35%
Households 1.1% 1.48%
Families 0.93% 1.32%
Median Household Income   2.52%
Per Capita Income   2.93%

Tacoma, WA 98405 - Peer Comparisons by Rank and Percentile

The table below compares 98405 to the other 587 ZIP Codes in Washington by rank and percentile using July 1, 2019 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.

Variable Description Rank Percentile
Total Population # 114 81st
Population Density # 27 96th
Diversity Index # 77 87th
Median Household Income # 471 20th
Per Capita Income # 481 18th

Additional comparisons and rankings can be made with a VERY EASY TO USE Washington Census Data Comparison Tool.


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