98422 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Pierce County
Centroid: Latitude 47.294, Longitude -122.392
Time Zone: Pacific Time Zone (UTC -8 hours)
Observes DST: Yes

ZIP Code 98422 has segments in 2 Counties (King, Pierce).

Businesses Addresses: 109
PO Box Addresses: 0
Residential Addresses: 7,884

Multi-Family Addresses: 666
Single Family Addresses: 7,218

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Tacoma, WA 98422 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	21,690 (100%)
Population in Households	21,525 (99.2%)
Population in Families	18,228 (84.0%)
Population in Group Quarters¹	165 ( 0.8%)
Population Density	3,251
Diversity Index²	62


INCOME
Median Household Income	$106,258
Average Household Income	$130,681
% of Income for Mortgage⁴	17%
Per Capita Income	$48,056
Wealth Index⁵	181

HOUSING
Total HU (Housing Units)	8,255 (100%)
Owner Occupied HU	6,360 (77.0%)
Renter Occupied HU	1,602 (19.4%)
Vacant Housing Units	293 ( 3.5%)
Median Home Value	$430,376
Average Home Value	$546,800
Housing Affordability Index³	133

HOUSEHOLDS
Total Households	7,962
Average Household Size	2.7
Family Households	5,830
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.

Tacoma, WA 98422 - Peer Comparisons by Rank and Percentile

The table below compares 98422 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	0.72%	0.84%
Households	0.61%	0.88%
Families	0.55%	0.79%
Median Household Income		1.77%
Per Capita Income		2.63%
Owner Occupied HU		0.84%

Variable Description	Rank	Percentile
Total Population	# 163	72nd
Population Density	# 103	83rd
Median Household Income	# 53	91st
Housing Affordability Index	# 350	60th
Per Capita Income	# 83	86th
Diversity Index	# 128	78th

Tacoma, WA 98422 ZIP Code Profile

ZIP Code 98422: Basic Data & USPS Preferred City Name

Tacoma, WA 98422 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Tacoma, WA 98422 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 98422

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