dynamic.RE
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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 +7.5% YoY. inventory, −15.0% YoY, is the number to watch.
The median listing price is up 7.5% YoY while the median home got up 4.5% bigger, so value per square foot is up 11.6%.
U.S. Census ACS characteristics for ZIP 98418 itself, not its parent county.
Renters hold 36.2% of this ZIP's 4,284 occupied households, on a median household income of $90K.
| Measure | ZIP 98418 | Pierce County | Difference |
|---|---|---|---|
| Median Household Income | $90K | $100K | -$10K |
| Below Poverty Level | 12.3% | 8.8% | +3.5% |
| Median Age | 37.50 | 37.00 | +0.50 |
| Total Population | 10,264 | 930,319 | -- |
| Avg Household Size | 2.38 | 2.59 | -0.21 |
| Owner-Occupied | 63.8% | 64.7% | -1.0% |
| Worked From Home | 14.2% | 13.9% | +0.3% |
| Mean Commute | 26.70 | 31.30 | -4.60 |
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.