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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −4.9% YoY. inventory, +27.6% YoY, is the number to watch.
The median listing price is down 4.9% YoY while the median home got up 12.0% bigger, so value per square foot is down 0.2%.
U.S. Census ACS characteristics for ZIP 98225 itself, not its parent county.
Renters hold 59.7% of this ZIP's 22,612 occupied households, on a median household income of $64K.
| Measure | ZIP 98225 | Whatcom County | Difference |
|---|---|---|---|
| Median Household Income | $64K | $82K | -$18K |
| Below Poverty Level | 23.2% | 12.9% | +10.3% |
| Median Age | 31.80 | 38.40 | -6.60 |
| Total Population | 50,216 | 230,503 | -- |
| Avg Household Size | 2.05 | 2.40 | -0.35 |
| Owner-Occupied | 40.3% | 63.7% | -23.4% |
| Worked From Home | 14.9% | 14.8% | +0.1% |
| Mean Commute | 18.90 | 21.60 | -2.70 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.9% to 230,503: residents under 18 are down 0.9% and those 65 and over are up 3.1%.
County median household income is $82K, 12.9% of residents are below the poverty level, 14.8% work from home.