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City

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City

ZIP codes

Tacoma, WA · 98493

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $100K, +3.0% YoY (county); renters hold 35.3% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Computed from this page's data: . The listing and rental pools are separate samples, not the same homes priced two ways, so the ratios describe the market rather than any one property. Ratios with reasons, not a recommendation to buy.

Median Listing Price

Population

351,330

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 369,709

370Kunits

Occupied351,33095.0%

Vacant18,3795.0%

2024 Tenure ⓘ

U.S. Census ACS · n = 351,330

351Koccupied

Owner227,40064.7%

Renter123,93035.3%

Renter Share

35.3%+0.2% YoY

Total Housing Units

369,709+1.1% YoY

FY2026 Fair Market Rent

CountyPierce County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,428

/month

1 BR

$1,605

/month

2 BR

$1,971

/month

3 BR

$2,733

/month

4 BR

$3,102

/month

FMR trends · Pierce County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

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%.

Median Age

37.02024

Population

Pierce County Population

941,170+1.0% YoY

Households

Total Households

351,330+1.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.59-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 930,319

930Kresidents

Under 18214,03823.0%

Adults 18–64578,74562.2%

65 & Over137,53614.8%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

214,038-0.2% YoY

Population 65 & Over

137,536+3.2% YoY

Median Age

37.00+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house84.9%

Moved (within US)14.5%

Other0.6%

Veterans

10.9%-5.2% YoY

County Economy

County median household income is $100K, 8.8% of residents are below the poverty level, 13.9% work from home.

Income

Median Household Income

$100K+3.0% YoY

Per-Capita Income

$48K+3.8% YoY

Mean Household Income

$124K+3.3% YoY

Poverty

Below Poverty Level

8.8%-1.1% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.7%

Public transit2.1%

Worked from home13.9%

Other13.3%

Worked From Home

13.9%+13.0% YoY

Mean Commute

31.30-0.9% YoY

Done with 98493? Put it next to another market.

State

City

Compare with

City

State

City

ZIP codes

Tacoma, WA · 98493

ACS 2024

Market Read

A market with no active rental pool to price against. The sale-side figures below are the whole picture.

Tenant economics are strong. Median household income $100K, +3.0% YoY (county); renters hold 35.3% of county households. See the people evidence ↓

Gross Rental Yield

–

1% rule implies 12%/yr

Rent-to-Price

–

1% rule benchmark: 1.00%/mo

Gross Rent Multiplier

–

Price ÷ annual gross rent

Asking vs Voucher

–

No bedroom size has both a rent sample and a published FMR

Median Listing Price

Population

351,330

Median Days on Market

Active Listings

New Listings

Housing Market

Units & Occupancy

2024 Occupancy ⓘ

U.S. Census ACS · n = 369,709

370Kunits

Occupied351,33095.0%

Vacant18,3795.0%

2024 Tenure ⓘ

U.S. Census ACS · n = 351,330

351Koccupied

Owner227,40064.7%

Renter123,93035.3%

Renter Share

35.3%+0.2% YoY

Total Housing Units

369,709+1.1% YoY

FY2026 Fair Market Rent

CountyPierce County · HUD 40th-percentile estimate, not actual market asking rent

Studio

$1,428

/month

1 BR

$1,605

/month

2 BR

$1,971

/month

3 BR

$2,733

/month

4 BR

$3,102

/month

FMR trends · Pierce County

HUD Fair Market Rents · FY1983–FY2026

County Demographics

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%.

Median Age

37.02024

Population

Pierce County Population

941,170+1.0% YoY

Households

Total Households

351,330+1.3% YoY

Household Types ⓘ

U.S. Census ACS

--Not reported for this area (ACS).

Avg Household Size

2.59-0.4% YoY

Age

2024 Age Mix ⓘ

U.S. Census ACS · n = 930,319

930Kresidents

Under 18214,03823.0%

Adults 18–64578,74562.2%

65 & Over137,53614.8%

Age Composition Over Time

U.S. Census ACS · 2017–2024

Population growth (first year = 100)

Share of population (change in pp)

Under 18Adults 18–6465 & Over

Population Under 18

214,038-0.2% YoY

Population 65 & Over

137,536+3.2% YoY

Median Age

37.00+0.5% YoY

Mobility & Veterans

2024 Residential Mobility ⓘ

U.S. Census ACS

of residents

Same house84.9%

Moved (within US)14.5%

Other0.6%

Veterans

10.9%-5.2% YoY

County Economy

County median household income is $100K, 8.8% of residents are below the poverty level, 13.9% work from home.

Income

Median Household Income

$100K+3.0% YoY

Per-Capita Income

$48K+3.8% YoY

Mean Household Income

$124K+3.3% YoY

Poverty

Below Poverty Level

8.8%-1.1% YoY

Transportation to Work

2024 Commute Mode ⓘ

U.S. Census ACS

of workers

Drove alone70.7%

Public transit2.1%

Worked from home13.9%

Other13.3%

Worked From Home

13.9%+13.0% YoY

Mean Commute

31.30-0.9% YoY

Done with 98493? Put it next to another market.