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Area data

Tacoma, WA — ZIP 98408

Population: 21,009 (Census ACS)

Home values & appreciation

Median home value
$437,839
1-year appreciation
-0.9%
3-year appreciation
+0.5%
5-year appreciation
+3.9%
10-year appreciation
+116.0%
All-time peak (2022-06)
$466,314
House Price Index
588.1 (+2.2% YoY)

Market activity

Median sale price
$447,450
Median list price
$449,975
Median days on market
11 days
Sale-to-list ratio
101.0%
Active listings
42
1-year forecast
-0.4%
Days to pending
22 days
New listings (monthly)
34

Rents

Typical rent
$1,440/mo
1-year rent change
-0.8%
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
6
Elementary schools
3
Middle schools
3
High schools
0

Natural hazards & flood risk

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

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
13.7 / 20
Transit service frequency
353

Amenities

National parks within ~60 mi
3
Nearest national park
Klondike Gold Rush - Seattle Unit National Historical Park (28 mi)
Nearest airport
McChord Air Force Base (TCM) (4 mi)
Nearest major airport
McChord Air Force Base (TCM) (4 mi)
Hospitals nearby (~15 mi)
7
Avg hospital rating
3.1 / 5
Solar radiation rating
Poor (3.4 kWh/m²/day)

Migration

Net migration
+242 tax filers

Housing stock

Median year housing built
1,952
Median annual property tax
$3,756
Mean commute to work
24 min
Households with broadband internet
78.0%

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