Area data
Tacoma, WA — ZIP 98407
Population: 21,718 (Census ACS)
Home values & appreciation
- Median home value
- $634,078
- 1-year appreciation
- +0.9%
- 3-year appreciation
- +3.9%
- 5-year appreciation
- +9.3%
- 10-year appreciation
- +98.4%
- All-time peak (2022-06)
- $650,102
- House Price Index
- 588.1 (+2.2% YoY)
Market activity
- Median sale price
- $715,000
- Median list price
- $755,000
- Median days on market
- 10 days
- Sale-to-list ratio
- 99.4%
- Active listings
- 19
- 1-year forecast
- -0.4%
- Days to pending
- 30 days
- New listings (monthly)
- 45
Rents
- Typical rent
- $2,176/mo
- 1-year rent change
- +1.9%
- 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
- 7
- Elementary schools
- 3
- Middle schools
- 2
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively High
- Top hazards
- avalanche, coldWave, earthquake, heatWave, iceStorm
- FEMA flood zone
- X
- Flood risk level
- Minimal
Climate (30-year normals)
- Annual precipitation
- 45.5 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
- 12.3 / 20
- Transit service frequency
- 516
Amenities
- National parks within ~60 mi
- 3
- Nearest national park
- Klondike Gold Rush - Seattle Unit National Historical Park (23 mi)
- Nearest airport
- Tacoma Narrows Airport (TIW) (3 mi)
- Nearest major airport
- Tacoma Narrows Airport (TIW) (3 mi)
- Hospitals nearby (~15 mi)
- 7
- Avg hospital rating
- 2.9 / 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
- $6,182
- Mean commute to work
- 23 min
- Households with broadband internet
- 84.0%
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 →