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A market with no active rental pool to price against. The sale-side figures below are the whole picture.
What would change this read: the median listing price is +22.4% YoY. inventory, +12.5% YoY, is the number to watch.
The median listing price is up 22.4% YoY while the median home got up 6.2% bigger, so value per square foot is down 0.7%.
U.S. Census ACS characteristics for ZIP 98402 itself, not its parent county.
Renters hold 82.2% of this ZIP's 4,625 occupied households, on a median household income of $61K.
| Measure | ZIP 98402 | Pierce County | Difference |
|---|---|---|---|
| Median Household Income | $61K | $100K | -$39K |
| Below Poverty Level | 22.9% | 8.8% | +14.1% |
| Median Age | 33.50 | 37.00 | -3.50 |
| Total Population | 8,080 | 930,319 | -- |
| Avg Household Size | 1.49 | 2.59 | -1.10 |
| Owner-Occupied | 17.8% | 64.7% | -46.9% |
| Worked From Home | 24.7% | 13.9% | +10.8% |
| Mean Commute | 22.30 | 31.30 | -9.00 |
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 0.7% to 930,319: residents under 18 are down 0.2% and those 65 and over are up 3.2%.
County median household income is $100K, 8.8% of residents are below the poverty level, 13.9% work from home.