Housing data for ZIP code 98407

ZIP code 98407 has an estimated 21,718 residents and 10,746 homes (US Census Bureau, 2020–2024 American Community Survey).

Most of its land lies in Tacoma, Pierce County.

36.5% of households rent.

The median gross rent is $1,909 (±$87) a month.

The median home value is $656,600 (±$19,347).

The median household income is $110,288 (±$5,141) a year.

Figures last updated on .

Residents
21,718 (±1,129)
Median gross rent
$1,909
Median home value
$656,600
Households that rent
36.5%

How ZIP code 98407 compares

Estimate (90% margin of error)
ZIP 98407TacomaPierce CountyWashingtonUnited States
Residents21,718 (±1,129)222,758930,3197,816,116334,922,499
Housing units10,746 (±492)97,298369,7093,306,620143,775,355
Households that rent36.5% (±3.8 points)44.2%35.3%36.2%34.8%
Median gross rent$1,909 (±$87)$1,676$1,806$1,760$1,413
Median home value$656,600 (±$19,347)$479,600$526,600$564,600$332,700
Median household income$110,288 (±$5,141)$85,884$99,564$98,141$80,734
Median real estate taxes (a year)$6,182 (±$218)$4,482$4,770$4,556$3,119
Renters paying 30% or more of income49.2% (±8.7 points)54.9%53.0%49.9%51.1%
Built before 198062.0% (±4.9 points)64.2%42.4%43.4%49.7%
Average commute27.3 minutes (±1.7)28.8 minutes31.3 minutes26.6 minutes26.4 minutes
Households with broadband93.6% (±2.1 points)92.8%94.6%93.6%91.0%
Median age of residents46.2 years (±2.5)37.2 years37.0 years38.3 years38.9 years

In ZIP 98407, median gross rent is higher than in Pierce County ($1,806).

It is also higher than in Washington ($1,760).

It is higher than the national figure ($1,413).

The median gross rent in ZIP code 98407 is higher than in Tacoma as a whole ($1,676).

Its median home value is higher than in Tacoma as a whole ($479,600).

Among the 46 ZIP codes in Pierce County with a published estimate, ZIP 98407 ranks 14 from highest to lowest median gross rent.

Among the 48 ZIP codes in Pierce County with a published estimate, ZIP 98407 ranks 7 from highest to lowest median home value.

Among the 50 ZIP codes in Pierce County with a published estimate, ZIP 98407 ranks 18 from highest to lowest median household income.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

Rent in ZIP code 98407

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentZIP 98407Pierce CountyWashingtonUnited States
Less than $5007.7% (±2.8 points)3.1%4.6%6.3%
$500 to $9993.0% (±2.2 points)5.9%10.4%20.2%
$1,000 to $1,49916.6% (±5.6 points)21.7%21.4%28.1%
$1,500 to $1,99927.7% (±7.1 points)31.6%26.2%21.1%
$2,000 to $2,49916.5% (±5.3 points)22.2%18.7%12.0%
$2,500 to $2,99910.8% (±4.1 points)8.7%9.1%5.5%
$3,000 or more17.7% (±5.0 points)6.8%9.5%6.8%

The most common range is $1,500 to $1,999, paid by 27.7% of renting households.

Rent by bedrooms in ZIP code 98407

Median gross rent by number of bedrooms, estimate (90% margin of error)
BedroomsCensus median
Studio$2,220 (±$626)
1 bedroom$1,545 (±$217)
2 bedrooms$1,948 (±$148)
3 bedrooms$2,387 (±$295)
4 bedrooms$2,781 (±$225)

Rent burden in ZIP code 98407

Renting households by gross rent as a percentage of household income, 2020–2024
Share of income spent on rentZIP 98407Pierce CountyWashingtonUnited States
Less than 15%10.0% (±4.2 points)9.0%12.4%12.6%
15% to 19.9%8.0% (±4.1 points)11.7%12.3%12.2%
20% to 24.9%16.9% (±6.3 points)13.5%13.3%12.6%
25% to 29.9%15.9% (±3.7 points)12.8%12.1%11.5%
30% to 34.9%9.5% (±4.3 points)10.4%9.8%9.2%
35% or more39.7% (±7.6 points)42.6%40.1%41.9%

49.2% (±8.7 points) of renting households in ZIP code 98407 spend 30% or more of their income on gross rent.

Home values in ZIP code 98407

Owner-occupied homes by value, 2020–2024
ValueZIP 98407Pierce CountyWashingtonUnited States
Less than $50,0001.4% (±0.7 points)3.0%2.9%5.3%
$50,000 to $99,9990.9% (±0.6 points)1.5%1.8%6.1%
$100,000 to $149,9990.1% (±0.1 points)0.9%1.7%6.8%
$150,000 to $199,9990.6% (±0.9 points)1.0%2.1%9.0%
$200,000 to $299,9991.4% (±1.3 points)4.3%7.0%17.8%
$300,000 to $499,99920.9% (±3.6 points)35.7%27.8%26.9%
$500,000 to $999,99959.4% (±4.3 points)46.4%40.8%20.9%
$1,000,000 or more15.4% (±2.7 points)7.3%15.9%7.1%

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

The homes in ZIP code 98407

Housing units by units in structure, 2020–2024
Building typeZIP 98407Pierce CountyWashingtonUnited States
Single-family, detached66.1% (±3.4 points)65.2%61.9%61.3%
Single-family, attached (townhouse, rowhouse)1.6% (±0.6 points)5.2%4.4%6.2%
2 units1.5% (±0.8 points)2.5%2.3%3.4%
3 or 4 units2.8% (±1.3 points)4.0%3.5%4.3%
5 to 9 units4.9% (±2.2 points)4.7%4.3%4.5%
10 to 19 units5.2% (±2.0 points)5.4%4.9%4.3%
20 or more units17.7% (±2.6 points)8.1%13.0%10.3%
Mobile home0.4% (±0.3 points)4.5%5.5%5.6%
Boat, RV, van, etc.0.0% (±0.4 points)0.3%0.3%0.1%

When the homes in ZIP code 98407 were built

Housing units by year structure built, 2020–2024
Year builtZIP 98407Pierce CountyWashingtonUnited States
2020 or later0.9% (±0.8 points)2.2%2.3%2.0%
2010 to 20199.9% (±2.0 points)11.0%12.1%9.4%
2000 to 20097.0% (±2.5 points)16.0%15.1%13.6%
1990 to 19995.8% (±1.9 points)15.6%14.8%12.4%
1980 to 198914.3% (±2.5 points)12.9%12.4%12.9%
1970 to 197913.4% (±2.5 points)13.8%14.2%14.2%
1960 to 196910.3% (±2.2 points)8.8%8.7%9.9%
1950 to 19598.2% (±2.1 points)5.9%6.7%9.5%
1940 to 19495.7% (±1.4 points)3.8%4.2%4.4%
1939 or earlier24.4% (±2.5 points)10.1%9.6%11.7%

62.0% of the homes in ZIP code 98407 were built before 1980, so many fall under the federal lead-paint disclosure rules for homes built before 1978.

Heating fuel in ZIP code 98407

Occupied housing units by house heating fuel, 2020–2024
Fuel used mostZIP 98407Pierce CountyWashingtonUnited States
Utility gas41.0% (±3.5 points)33.8%33.0%46.5%
Fuel oil, kerosene, etc.1.1% (±0.6 points)0.9%1.3%3.9%
Electricity55.3% (±3.8 points)59.9%58.6%41.3%
Bottled or tank gas (propane)1.1% (±1.2 points)2.4%3.0%4.9%
Wood1.4% (±1.0 points)1.9%2.8%1.4%
Solar energy0.1% (±0.1 points)0.2%0.2%0.3%
Coal or coke0.0% (±0.4 points)0.0%0.0%0.1%
Other fuel0.0% (±0.4 points)0.3%0.4%0.5%
No fuel used0.0% (±0.4 points)0.7%0.6%1.2%

How people in ZIP code 98407 get to work

Workers 16 and over by means of transportation to work, 2020–2024
Means of transportationZIP 98407Pierce CountyWashingtonUnited States
Drove alone68.9% (±3.8 points)70.7%63.4%68.8%
Carpooled8.7% (±2.8 points)9.7%8.5%8.5%
Public transportation1.5% (±0.9 points)2.1%3.4%3.2%
Walked1.0% (±0.5 points)2.2%3.0%2.4%
Other means (bicycle, taxi, motorcycle)2.4% (±1.3 points)1.3%1.9%2.0%
Worked from home17.4% (±2.9 points)13.9%19.8%15.1%

Workers who live in ZIP code 98407 take an average of 27.3 minutes to get to work.

Places in ZIP code 98407

Places whose land overlaps this ZIP code, with the share of the ZIP’s land in each
PlaceShare of the ZIP’s land in this placeMedian gross rentHouseholds that rent
Tacoma96%$1,67644.2%

A township or a New York town includes the villages inside it, so their shares can add up to more than the whole.

ZIP codes near 98407

Nearest ZIP codes with Census figures, by straight-line distance between their internal points
ZIP codeDistanceMedian gross rentMedian home valueMedian household incomeHouseholds that rent
984061.9 mi$1,764$638,400$104,26438.7%
984162.6 mi————
984653.0 mi$1,543$593,300$73,22646.9%
984033.3 mi$1,546$829,800$88,05660.3%
984053.8 mi$1,551$464,700$75,94650.8%
984024.3 mi$1,553$531,300$60,50582.2%
984664.5 mi$1,843$602,400$101,77846.8%
983355.0 mi$2,120$791,100$128,59224.1%

Crime reported to police in Tacoma

Most of ZIP code 98407 is policed by the Tacoma Police Department, which reported 866 violent and 4,031 property crimes per 100,000 residents to the FBI in 2025.

The FBI publishes crime by police department, not by ZIP code, so this is the department’s figure for the whole area it serves.

ZIP code 98407 is reported as ZIP Code Tabulation Area 98407: the Census Bureau’s area built from census blocks to match the ZIP code’s delivery area as closely as it can.

Survey years: 2020–2024 (American Community Survey 5-year estimates).

Margins of error are at the 90% confidence level.

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Questions about ZIP 98407

What is the median rent in ZIP code 98407?

The median gross rent in ZIP Code Tabulation Area 98407 is $1,909 (±$87) a month (2020–2024 American Community Survey).

What is the median home value in ZIP code 98407?

The median value of owner-occupied homes in ZIP code 98407 is $656,600 (±$19,347) (2020–2024 American Community Survey).

What is the median household income in ZIP code 98407?

The median household income in ZIP code 98407 is $110,288 (±$5,141) a year (2020–2024 American Community Survey).

What town is ZIP code 98407 in?

ZIP code 98407 lies mostly in Tacoma.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for ZCTA5 98407 (zip code tabulation area:98407).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The API needs a free key.

Request a Census API key.

DP05_0001E, DP05_0001M, DP04_0134E, DP04_0134M, DP04_0089E, DP04_0089M, DP03_0062E, DP03_0062M, DP04_0047PE, DP04_0047PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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