ZIP code 98531: income, home prices and cost of living

The median household income in ZIP 98531 is $57,961, which is 28% below the Washington median of $80,747 and 16% below the national figure. The typical home is valued at $263,900, and the median rent is $1,038/month. 62.6% of households own their home.

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

Median household income

$57,961

Washington average
$80,74728%
National
$68,75016%

Median home value

$263,900

Washington average
$410,00036%
National
$209,60026%

Median gross rent

$1,038

Washington average
$1,35824%
National
$9845%

Median age

39.2 yrs

Washington average
39.8 yrs2%
National
41.0 yrs4%

Homeownership rate

62.6%

Washington average
71.2%12%
National
75.8%17%

Bachelor's degree or higher

13.0%

Washington average
18.7%30%
National
15.9%18%

How ZIP 98531 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.

Get a free review of your debt options

Household income in 98531 runs below the Washington median, which makes debt payments bite harder. A vetted specialist can walk you through the options.

Review my debt options

Nearby ZIP codes in Washington

98532985289854198520985169851398512985509850698503

Or compare 98531 with 98532.

Run your own numbers

Cost of living calculatorBudget calculatorMortgage calculator

See every local figure on the Washington money guide.

What people search about ZIP 98531

Searches for the cost of living in 98531, the median household income in 98531, average rent in 98531 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.

  • cost of living in 98531
  • median household income in 98531
  • home values in 98531
  • average rent in 98531
  • property tax in 98531
  • housing market in 98531

Methodology

Figures describe ZIP Code Tabulation Area 98531, 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.