ZIP code 98047: income, home prices and cost of living

The median household income in ZIP 98047 is $98,056, which is 21% above the Washington median of $80,747 and 43% above the national figure. The typical home is valued at $366,500, and the median rent is $1,769/month. 51.0% of households own their home.

Source: U.S. Census Bureau, American Community Survey (5-year). Latest observation ACS 2022.

Median household income

$98,056

Washington average
$80,74721%
National
$68,75043%

Median home value

$366,500

Washington average
$410,00011%
National
$209,60075%

Median gross rent

$1,769

Washington average
$1,35830%
National
$98480%

Median age

32.9 yrs

Washington average
39.8 yrs17%
National
41.0 yrs20%

Homeownership rate

51.0%

Washington average
71.2%28%
National
75.8%33%

Bachelor's degree or higher

10.4%

Washington average
18.7%44%
National
15.9%35%

How ZIP 98047 compares with Washington and the U.S.

State and national bars are the median across ZIP Code Tabulation Areas. Source: U.S. Census Bureau, American Community Survey (5-year), 2022.

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Homes in 98047 typically sell around $366,500. Compare what a vetted mortgage pro can actually offer you before you commit.

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Nearby ZIP codes in Washington

98045980439804298052980539804098055980389805698037

Or compare 98047 with 98045.

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See every local figure on the Washington money guide.

What people search about ZIP 98047

Searches for the cost of living in 98047, the median household income in 98047, average rent in 98047 and home values in this part of Washington all come back to the same Census figures shown above. Use them alongside a mortgage payment estimate, a property tax estimate and a household budget before you compare this ZIP code with a neighbouring one.

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Methodology

Figures describe ZIP Code Tabulation Area 98047, the Census Bureau's statistical approximation of the ZIP code. Values are median estimates for the five-year period ending 2022.

State and national benchmarks are the median of all ZCTAs in that geography with at least 1,000 residents, computed by us from the same public dataset.

Sources: U.S. Census Bureau, American Community Survey (5-year). American Community Survey 5-year estimates, 2022.