USA.com / Washington / Pierce County / Lakewood, WA / 98498 / Housing

98498 Zip Code Housing

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As of 2010-2014, median price of a house in 98498 Zip Code is $232,000, which is lower than the state average of $257,200 and is higher than the national average of $175,700. The 98498 Zip Code median house value has grown by 54.36% since 2000. The growth rate for the price of a house in 98498 Zip Code is about the same as the state average rate of 52.82% and is higher than the national average rate of 46.91%. The median year that a house in 98498 Zip Code was built is 1972, which is older than the median year for a house built in the state which is 1980 and is older than the median year for a house built in the USA which is 1976.

Topics:House Value Housing Occupancy Year Structure Built Mortgage Status Mortgage Owner's Costs None-Mortgage Owner's Costs Units in Structure Rooms Bedrooms House Heating Fuel Gross Rent Vehicle Available

House Value

Median Value of a Total of 6,714 Owner Occupied Houses in 98498 Zip Code, see rank

98498 Zip Code	232,000 USD
Washington	257,200 USD
U.S.	175,700 USD

Median House Price Growth Since 2000, see rank

98498 Zip Code	54.36%
Washington	52.82%
U.S.	46.91%

Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

	98498 Zip Code	Washington	U.S.
Total Housing Units	12,547, see rank, 100%	2,921,364	132,741,033
Occupied Housing Units	11,175, 89.07%, see rank	90.55%	87.55%
Owner Occupied	6,714, 53.51%, see rank	56.77%	56.34%
Renter Occupied	4,461, 35.55%, see rank	33.78%	31.21%
Vacant Housing Units	1,372, 10.93%, see rank	9.45%	12.45%
For Rent	404, 3.22%, see rank	1.80%	2.34%
For Sale Only	238, 1.90%, see rank	1.09%	1.20%
Rented or Sold, Not Occupied	123, 0.98%, see rank	0.74%	0.92%
For Seasonal, Recreational, or Occasional Use	138, 1.10%, see rank	3.19%	3.97%
For Migrant Workers	0, 0.00%, see rank	0.03%	0.03%
Other Vacant	469, 3.74%, see rank	2.59%	4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #408

98498 Zip Code	Washington	U.S.
1972	1980	1976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

	98498 Zip Code	%	Washington	U.S.
Owner-Occupied Units	6,714	100%	1,658,540	74,787,460
With a Mortgage	4,626	68.90%, see rank	70.72%	65.58%
Without a Mortgage	2,088	31.10%, see rank	29.28%	34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage

Median Owner Costs, see rank

98498 Zip Code	1,694 USD
Washington	1,764 USD
U.S.	1,522 USD

Owner Costs Distribution

Monthly Owner Costs	98498 Zip Code	%	Washington	U.S.
$299 or Less	0	0.00%, see rank	0.23%	0.20%
$300 to $499	84	1.82%, see rank	0.99%	1.59%
$500 to $699	172	3.72%, see rank	2.61%	5.01%
$700 to $999	337	7.28%, see rank	8.20%	14.32%
$1,000 to $1,499	1,221	26.39%, see rank	24.12%	27.90%
$1,500 to $1,999	1,287	27.82%, see rank	25.18%	20.35%
$2,000 to $2,999	1,153	24.92%, see rank	26.99%	19.52%
$3,000 or More	372	8.04%, see rank	11.68%	11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

98498 Zip Code	25.30% of the Total Income
Washington	24.90% of the Total Income
U.S.	23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	98498 Zip Code	%	Washington	U.S.
10% or Less	195	4.22%, see rank	4.79%	5.86%
10% to 20%	1,356	29.31%, see rank	28.34%	31.95%
20% to 30%	1,391	30.07%, see rank	30.04%	27.64%
30% to 40%	584	12.62%, see rank	15.82%	13.74%
40% or More	1,066	23.04%, see rank	20.55%	20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage

Median Owner Costs, see rank

98498 Zip Code	595 USD
Washington	509 USD
U.S.	457 USD

Owner Costs Distribution

Monthly Owner Costs	98498 Zip Code	%	Washington	U.S.
$199 or Less	49	2.35%, see rank	6.36%	7.76%
$200 to $299	82	3.93%, see rank	10.10%	14.70%
$300 to $499	525	25.14%, see rank	32.25%	34.63%
$500 to $699	789	37.79%, see rank	27.26%	21.16%
$700 or More	643	30.80%, see rank	24.02%	21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank

98498 Zip Code	12.10% of the Total Income
Washington	12.00% of the Total Income
U.S.	12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution

	98498 Zip Code	%	Washington	U.S.
10% or Less	832	39.85%, see rank	41.38%	40.19%
10% to 20%	600	28.74%, see rank	32.56%	31.47%
20% to 30%	345	16.52%, see rank	11.58%	12.24%
30% to 40%	59	2.83%, see rank	5.08%	5.64%
40% or More	209	10.01%, see rank	8.32%	9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

	98498 Zip Code	Washington	U.S.
Total Housing Units	12,547, 100%	2,921,364	132,741,033
1-unit, Detached	7,909, 63.03%, see rank	63.44%	61.65%
1-unit, Attached	751, 5.99%, see rank	3.63%	5.82%
2 Units	524, 4.18%, see rank	2.63%	3.75%
3 or 4 Units	568, 4.53%, see rank	3.76%	4.43%
5 to 9 Units	885, 7.05%, see rank	4.76%	4.78%
10 or More Units	1,709, 13.62%, see rank	14.55%	13.08%
Mobile Home, Boat, RV, Van, etc.	201, 1.60%, see rank	7.22%	6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

	98498 Zip Code	Washington	U.S.
Total Housing Units	12,547, 100%	2,921,364	132,741,033
1 Room	197, 1.57%, see rank	2.33%	1.95%
2 Rooms	451, 3.59%, see rank	3.74%	2.48%
3 Rooms	1,290, 10.28%, see rank	9.41%	9.13%
4 Rooms	1,785, 14.23%, see rank	16.24%	16.60%
5 Rooms	2,435, 19.41%, see rank	18.01%	20.41%
6 Rooms	2,289, 18.24%, see rank	16.48%	18.06%
7 Rooms	1,532, 12.21%, see rank	12.37%	12.27%
8 Rooms	1,004, 8.00%, see rank	9.01%	8.48%
9 Rooms or More	1,564, 12.47%, see rank	12.40%	10.60%
Median Rooms	5.60, see rank	5.50	5.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

	98498 Zip Code	Washington	U.S.
Total Housing Units	12,547, 100%	2,921,364	132,741,033
No Bedroom	240, 1.91%, see rank	2.68%	2.17%
1 Bedroom	1,721, 13.72%, see rank	11.98%	11.16%
2 Bedrooms	3,175, 25.30%, see rank	26.31%	26.69%
3 Bedrooms	4,773, 38.04%, see rank	37.85%	39.70%
4 Bedrooms	2,169, 17.29%, see rank	16.58%	16.05%
5 or More Bedrooms	469, 3.74%, see rank	4.60%	4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

	98498 Zip Code	Washington	U.S.
Total Housing Units	11,175, 100%	2,645,396	116,211,092
Utility Gas	5,639, 50.46%, see rank	35.08%	48.85%
Bottled, Tank, or LP Gas	92, 0.82%, see rank	3.08%	4.86%
Electricity	5,171, 46.27%, see rank	53.93%	36.68%
Fuel Oil, Kerosene, etc.	109, 0.98%, see rank	2.50%	5.86%
Coal or Coke	0, 0.00%, see rank	0.01%	0.12%
Wood	137, 1.23%, see rank	4.39%	2.12%
Solar Energy	0, 0.00%, see rank	0.03%	0.05%
Other Fuel	0, 0.00%, see rank	0.63%	0.47%
No Fuel Used	27, 0.24%, see rank	0.36%	1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly Rental	98498 Zip Code	Washington	U.S.
Occupied Units Paying Rent	4,401, 100%	947,896	39,201,928
$199 or Less	0, 0.00%, see rank	1.39%	1.50%
$200 to $299	51, 1.16%, see rank	2.49%	3.18%
$300 to $499	150, 3.41%, see rank	4.91%	7.37%
$500 to $699	712, 16.18%, see rank	11.75%	16.01%
$700 to $999	1,861, 42.29%, see rank	29.99%	29.17%
$1,000 to $1,499	1,039, 23.61%, see rank	31.43%	26.88%
$1,500 to $1,999	476, 10.82%, see rank	12.13%	9.79%
$2,000 or More	112, 2.54%, see rank	5.91%	6.10%
Median	$886, see rank	$995	$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

	98498 Zip Code	Washington	U.S.
Occupied Housing Units	11,175, 100%	2,645,396	116,211,092
No Vehicles Available	673, 6.02%, see rank	6.97%	9.12%
1 Vehicles Available	4,199, 37.57%, see rank	30.97%	33.80%
2 Vehicles Available	3,940, 35.26%, see rank	38.05%	37.48%
3 or More Vehicles Available	2,363, 21.15%, see rank	24.01%	19.61%

*Based on 2010-2014 data. View historical vehicle available data.