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Area data

Tacoma, WA — ZIP 98404

Population: 35,961 (Census ACS)

Home values & appreciation

Median home value
$443,725
1-year appreciation
-0.3%
3-year appreciation
+3.6%
5-year appreciation
+7.4%
10-year appreciation
+124.6%
All-time peak (2022-06)
$456,283
House Price Index
588.1 (+2.2% YoY)

Market activity

Median sale price
$457,500
Median list price
$450,000
Median days on market
16.5 days
Sale-to-list ratio
100.7%
Active listings
63
1-year forecast
-0.5%
Days to pending
27 days
New listings (monthly)
36

Rents

Typical rent
$2,054/mo
1-year rent change
+2.0%
1BR fair-market rent
$1,354/mo
3BR fair-market rent
$2,183/mo

Affordability

Cost of living index (Above Average)
107.5 (100 = US avg)
Electricity rate (state-level)
13.1¢/kWh
Natural gas rate (state-level)
$17.60/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
9
Elementary schools
8
Middle schools
1
High schools
0
Charter schools
1

Natural hazards & flood risk

Overall hazard risk
Relatively High
Top hazards
avalanche, coldWave, earthquake, heatWave, iceStorm
FEMA flood zone
A03
Flood risk level
High

Climate (30-year normals)

Average annual temperature
53.0°F
Average high
61.0°F
Average low
44.0°F
Annual precipitation
42.6 in
Annual snowfall
12.9 in

Air quality

Air quality rating
Good
Median AQI (annual)
42
Days with Good air quality
273
Days with Unhealthy air quality
3

Walkability & transit

Walkability index
13.8 / 20
Transit service frequency
236

Amenities

National parks within ~60 mi
3
Nearest national park
Wing Luke Museum Affiliated Area (27 mi)
Nearest airport
McChord Air Force Base (TCM) (6 mi)
Nearest major airport
McChord Air Force Base (TCM) (6 mi)
Hospitals nearby (~15 mi)
8
Avg hospital rating
3.0 / 5
Solar radiation rating
Poor (3.5 kWh/m²/day)

Migration

Net migration
+242 tax filers

Housing stock

Median year housing built
1,971
Median annual property tax
$3,533
Mean commute to work
30 min
Households with broadband internet
79.0%

Employment & development

Total county employment
272,091
Average weekly wage
$1,222
Top industries (by employment)
Health Care, Accommodation & Food, Administrative Services
Annual residential building permits (county)
1,729

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents