Home EconomicsProMap

Home values, rents and more in ZIP code 98405 (Tacoma, WA)

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

Open 98405 in ProMap
Typical home value
$449,000
Metro: $720,000 · U.S.: $366,000
Home values, past year
0.0%
Metro: −1.6% · U.S.: +1.2%
Typical rent
$1,653/mo
Metro: $2,250 · U.S.: $1,932
Rents, past year
+3.1%
Metro: +2.1% · U.S.: +2.9%
Population
25,939
ACS 2020–24
Median household income
$75,946
Metro: $115,177 · U.S.: $80,734
ZIP codes around 98405, shaded by typical home value9840598421984669840998404984069842298418984659840298403
  • Under $430k
  • $430k–$550k
  • $550k–$600k
  • $600k–$650k
  • $650k+
  • No data
ZIP codes around 98405, shaded by typical home value (Zillow, ZIP codes). Dashed lines are county borders. 98405 is outlined.

How 98405 compares

The typical home in ZIP code 98405 (Tacoma, WA) is worth about $449,000, according to the Zillow Home Value Index for September 2026. Home values in 98405 are 38% below the typical value in the Seattle metro area ($720,000) and 23% above the U.S. typical value ($366,000).

Over the past year, home values in 98405 were flat, compared with −1.6% in the Seattle metro area and +1.2% nationally.

Typical rent is $1,653 a month (Zillow Observed Rent Index), 27% below the Seattle metro area ($2,250) and 14% below the U.S. ($1,932). Rents rose 3.1% over the past year.

The median household income is $75,946, against $115,177 in the Seattle metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 25,939 people live in 98405 (American Community Survey 2020–24).

98405 has the 11th-lowest typical home value of the 155 ZIP codes in the Seattle metro area and the 185th-lowest of 484 in Washington with Zillow figures.

Part of: Tacoma, WA · Pierce County, WA · Seattle metro area · Washington

More for 98405 in ProMap Plus

These measures are on the map for subscribers. Open ProMap to see them for 98405 and every other place.

  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • Crime rates
  • School test scores
  • Homeowners insurance premiums
  • Commute time to downtown
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
See this in ProMap Plus

Nearby ZIP codes

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

Explore 98405 on the map