98406 ZIP Code – Tacoma, Washington
98406 is a large ZIP code in Tacoma, Washington, part of Pierce County with a population of approximately 22,994 residents. The median household income is $96,755 — above the Washington average and above the national average. Median home values of $516,600 are well above the national average, with 61.3% owner-occupied housing (decreasing). . Median rent is $1,557, which is above the U.S. average. Housing consists of 69% single-family (increasing), 25% apartments (increasing), 6% duplex/multi-family.
The unemployment rate is 4.6%, near the national average. The poverty rate is 7.3%, well below the national average. An estimated 48.5% of adults hold a bachelor's degree or higher, well above the national average. The population has a median age of 41.8, near the national median. Nearby ZIP codes include 98416, 98465, 98407.
ZIP Code 98406 Data
See more demographics for:
ZIP 98406 vs. Washington vs. U.S.
| Metric | ZIP 98406 | WA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 22k | 12k | 10k |
| Median Household Income | $96k | $83k | $73k |
| Median Home Value | $516k | $428k | $258k |
| Median Rent | $1,557 | $1,322 | $1,088 |
| Median Age | 41.8 | 43.0 | 43.2 |
| Unemployment Rate | 4.6% | 5.3% | 5.0% |
| Poverty Rate | 7.3% | 11.6% | 13.3% |
| Bachelor's Degree or Higher | 48.5% | 31.1% | 26.9% |
Demographics Charts
Race & Ethnicity
Gender
Education Level (adults 25+)
Nearby ZIP Codes
- 98416 – Tacoma
- 98465 – Tacoma
- 98407 – Tacoma
- 98405 – Tacoma
- 98403 – Tacoma
- 98466 – Tacoma
- 98402 – Tacoma
- 98409 – Tacoma
- 98418 – Tacoma
- 98467 – University Place
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 98416 | TACOMA | 830 | Not provided |
| 98465 | TACOMA | 7,528 | $73,259 |
| 98407 | TACOMA | 21,050 | $103,900 |
| 98405 | TACOMA | 24,264 | $72,606 |
| 98403 | TACOMA | 8,613 | $81,330 |