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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 +2.6% YoY. inventory, −16.0% YoY, is the number to watch.
The median listing price is up 2.6% YoY while the median home got up 4.9% bigger, so value per square foot is down 8.6%.
U.S. Census ACS characteristics for ZIP 98405 itself, not its parent county.
Renters hold 50.8% of this ZIP's 11,421 occupied households, on a median household income of $76K.
| Measure | ZIP 98405 | Pierce County | Difference |
|---|---|---|---|
| Median Household Income | $76K | $100K | -$24K |
| Below Poverty Level | 15.9% | 8.8% | +7.1% |
| Median Age | 38.50 | 37.00 | +1.50 |
| Total Population | 25,939 | 930,319 | -- |
| Avg Household Size | 2.23 | 2.59 | -0.36 |
| Owner-Occupied | 49.2% | 64.7% | -15.5% |
| Worked From Home | 16.6% | 13.9% | +2.7% |
| Mean Commute | 27.00 | 31.30 | -4.30 |
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.