AreaProfile

98407Tacoma, Washington

Area Profile

Income, jobs, climate, physical risk and development data for ZIP code 98407.

Area Score unavailable

Missing required signals: opportunity, growth, climate. AreaProfile withholds a score rather than inferring the missing dimensions.

How we calculate this

How this area ranks
Housing affordability442nd of 800 published ZIP areas66
Physical resilience609th of 800 published ZIP areas32
Economic stabilityTop 46% of 800 published ZIP areas61
The quick read

Physical-risk exposure is above the national median, driven mainly by earthquake, heat wave and avalanche.

At a glance

Population
21,718
2024 ACS 5-Year
Median household income
$110,288
Top 13% nationally
Density
4,029/sq mi
5.4 sq mi of land
Median age
46.2
2024 ACS 5-Year
City
Tacoma
Washington
Metro area
Seattle-Tacoma-Bellevue, WA
Nearest major airport
Median home value
$656,600
2024 ACS 5-Year

Jobs & opportunity

51% of adults hold a four-year degree, higher than 88% of measured US ZIP areas.

Household income is higher than at least 87% of measured US ZIP areas.

MetricValueCompared with peersSource period
Median household income ±$5,141$110,288Top 13%2024 ACS 5-Year
Per capita income ±$4,371$63,292Top 9%2024 ACS 5-Year
Poverty rate8.4%Bottom 38%2024 ACS 5-Year
Average commute29.9 minTop 38%2024 ACS 5-Year
Bachelor's degree or higher51.0%Top 12%2024 ACS 5-Year
Labor force participation60.6%Top 50%2024 ACS 5-Year
Median household income, successive ACS releases
2021202220232024110k95k
Each point is a separate five-year estimate, most recently $110,288 in the 2024 ACS 5-Year. Consecutive releases share four years of sample, so AreaProfile shows them as a record of successive estimates and does not compute a year-over-year change from them.
Largest occupations — Seattle-Tacoma-Bellevue, WA
OccupationPeople employedMedian annual wage
Software Developers92,770$167,280
Home Health and Personal Care Aides54,670$48,210
Fast Food and Counter Workers49,190$39,150
Retail Salespersons46,620$42,080
Registered Nurses39,900$128,260
Business Operations Specialists, All Other38,800$101,920

Occupational employment and wages are published for metropolitan areas rather than for individual cities or ZIP areas, so these describe the wider labor market this location sits in. 2025 OEWS, U.S. Bureau of Labor Statistics.

Housing & affordability

How it’s calculated →

Median rent of $1,909 takes 21% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 6.0 times median household income here, well above the historic benchmark, at a level conventionally described as seriously unaffordable.

Rent as a share of income
20.8%
Below the 30% cost-burdened threshold
Home price to income
6.0×
median home value ÷ median income
Median gross rent
$1,909
2024 ACS 5-Year
Median home value
$656,600
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income5.95Top 10%2024 ACS 5-Year
Homeownership rate63.5%Bottom 20%2024 ACS 5-Year
Housing units ±49210,746Top 15%2024 ACS 5-Year
Median gross rent ±$87$1,909Top 10%2024 ACS 5-Year
Median home value ±$19,347$656,600Top 7%2024 ACS 5-Year
Rent as a share of income20.8%Top 31%2024 ACS 5-Year
Vacancy rate5.5%Bottom 25%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →

No building-permit activity is published for this location by the Census Building Permits Survey.

Physical risk

32 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are earthquake, heat wave and avalanche.

EarthquakeHigh
Volcanic activityModerate
AvalancheModerate
Heat waveModerate
LandslideModerate

Low or minimal exposure: inland flooding, cold wave, lightning, winter weather, ice storm, wildfire, coastal flooding, tsunami, strong wind, tornado, hail, drought.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. ZIP values are the land-area-weighted mean of the counties the ZIP Code Tabulation Area intersects. Expected annual loss is not allocated below county level. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

Taxes

AreaProfile does not yet publish tax comparisons. No tax dataset has met the source admission test for coverage, methodology transparency and update cadence, and the product rule is to omit a dimension rather than estimate it. The Area Score is calculated without a tax component and the weighting is documented on the methodology page.

Nothing on AreaProfile is individualized tax advice.

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Data & methodology

Used forSourceSource periodUpdated
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)

Profile recalculated August 29, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.

98407 vs Tacoma

How this ZIP area compares with Tacoma as a whole. Both figures come from the same ACS release, so the comparison is like for like.

98407
Tacoma
Median household income
$110,288
vs
$85,884
Per capita income
$63,292
vs
$45,650
Population density
4,029/sq mi
vs
4,480/sq mi
Median home value
$656,600
vs
$479,600
Median gross rent
$1,909
vs
$1,676
Homeownership rate
63.5%
vs
55.8%
Bachelor's degree or higher
51.0%
vs
34.5%
Poverty rate
8.4%
vs
12.4%
Median age
46.2
vs
37.2

Some demographic statistics use Census ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP delivery geography. See the methodology for how AreaProfile maps between them.