The ZIP Code 98407 is associated with the city of Tacoma in Washington in Pierce County. Median househould income in this ZIP sits at $80,196, and approximately 7% of the population lives below the poverty line. The median age in 98407 is estimated to at 44.8 years, and about 25.3% of residents are aged 62 years and older. It is estimated that about 39.2% of residents in this Washington region hold a bachelor's degree or higher, while the per capita income is approximately $48,393. The current population estimate is 21,439.
7:44 am
4:19 pm
Good
The median household income in ZIP Code 98407 is $80,196, while the region's mean household income is $109,813. Breaking income down further, per capita income in the region is $48,393. The per capita income in ZIP Code 98407 of $48,393 is approximately 24.36% more than the per capita income in Washington overall of $38,915. An estimated 6.8% of the population is living below the poverty line in this region. This rate is approximately 28.42% lower than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 18.9% of the population in 98407 earn $100,000 to $149,999 per year, while an estimated 18.8% earn $50,000 to $74,999 per year, and 3.6% of 98407 residents earn $10,000 to $14,999 per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 5.1% |
| $10,000 to $14,999 per year | 3.6% |
| $15,000 to $24,999 per year | 4.9% |
| $25,000 to $34,999 per year | 7.3% |
| $35,000 to $49,999 per year | 7.0% |
| $50,000 to $74,999 per year | 18.8% |
| $75,000 to $99,999 per year | 13.5% |
| $100,000 to $149,999 per year | 18.9% |
| $150,000 to $199,999 per year | 10.1% |
| $200,000 or more per year | 10.8% |
In ZIP Code 98407, 95.2% of the population graduated high school, while 39.2% have a bachelor's degree or higher. In this region, 0.9% achieved an education level less than 9th grade, while 17.5% hold a graduate or professional degree. Approximately 23.2% in this Pierce County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 0.9% |
| 9th to 12th grade, no diploma | 3.9% |
| High school graduate (includes equivalency) | 23.2% |
| Some college, no degree | 23.1% |
| Associate's degree | 9.8% |
| Bachelor's degree | 21.7% |
| Graduate or professional degree | 17.5% |
Looking at race in the population that makes up ZIP Code 98407, 93.7% is one race, while 6.3% are two or more races. Approximately 4.8% of 98407 residents are hispanic or Latino (of any race). The most common race in 98407 (race alone or in combination with one or more other races), is White (90.1%), followed by Black or African American (7.1%) .
| Industry | Percent |
|---|---|
| White | 90.1% |
| Black or African American | 7.1% |
| American Indian and Alaska Native | 1.5% |
| Asian | 6.7% |
| Native Hawaiian and Other Pacific Islander | 0.6% |
| Some other race | 1.0% |
The median home value in ZIP Code 98407 in January 2025 comes in at $606,649. The January 2025 value is approximately 2% higher than the $596,195 median value in August 2024, and 3% higher than the $587,398 median value in February 2024. Regarding the age of homes in ZIP Code 98407, an estimated 24.3% of homes were built in 1939 or earlier. Additionally, 12.8% of homes in the region were built between 1960 and 1969, while an estimated 3.1% of homes were built between 2010 and 2013 in this Pierce County region.
| Month | Home value |
|---|---|
| Jan 2025 | $606,649 |
| Dec 2024 | $604,368 |
| Nov 2024 | $601,582 |
| Oct 2024 | $598,870 |
| Sep 2024 | $597,160 |
| Aug 2024 | $596,195 |
| Jul 2024 | $597,278 |
| Jun 2024 | $597,911 |
| May 2024 | $597,238 |
| Apr 2024 | $593,904 |
| Mar 2024 | $590,134 |
| Feb 2024 | $587,398 |
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 3.3% |
| Built between 2010 and 2013 | 3.1% |
| Built between 2000 and 2009 | 5.8% |
| Built between 1990 and 1999 | 8.7% |
| Built between 1980 and 1989 | 10.7% |
| Built between 1970 and 1979 | 12.8% |
| Built between 1960 and 1969 | 12.8% |
| Built between 1950 and 1959 | 9.9% |
| Built between 1940 and 1949 | 8.7% |
| Built in 1939 or earlier | 24.3% |
Residents of ZIP Code 98407 are older than average. The median age of 44.8 years in ZIP Code 98407 is approximately 17.59% higher than the overall median age in the U.S. of 38.1 years. About 81.4% of residents are aged 18 years and older, and 25.3% of residents are 62 years and over. Approximately 14.0% of the population in 98407 falls in the age group 35 to 44 years, while an estimated 14.0% are aged 45 to 54 years. On the low end of the scale, 2.4% of 98407 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 5.0% |
| 5 to 9 years | 5.8% |
| 10 to 14 years | 5.0% |
| 15 to 19 years | 4.0% |
| 20 to 24 years | 4.2% |
| 25 to 34 years | 12.3% |
| 35 to 44 years | 14.0% |
| 45 to 54 years | 14.0% |
| 55 to 59 years | 7.4% |
| 60 to 64 years | 7.8% |
| 65 to 74 years | 11.3% |
| 75 to 84 years | 6.7% |
| 85 years and over | 2.4% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 98407 is current access to health insurance, as an estimated 94.8% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 98407 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 94.8% |
| Risk Behavior | Percent of adults* |
|---|
In 98407, 61.7% of the population is in the labor force. Recent estimates place 6.4% as working from home, while the total labor force in the region has a mean travel to time to work of 30.6 minutes. Approximately 28.6% of the employed population 16 years and over in 98407 work in educational services, and health care and social assistance, while an estimated 9.8% work in manufacturing. On the lower end of the scale, just 0.8% of 98407 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 0.8% |
| Construction | 5.5% |
| Manufacturing | 9.8% |
| Wholesale trade | 3.5% |
| Retail trade | 8.6% |
| Transportation and warehousing, and utilities | 5.5% |
| Information | 1.6% |
| Finance and insurance, and real estate and rental and leasing | 5.8% |
| Professional, scientific, management, and administrative | 9.0% |
| Educational services, and health care and social assistance | 28.6% |
| Arts, entertainment, and recreation, and accommodation and food services | 9.2% |
| Other services, except public administration | 4.5% |
| Public administration | 7.7% |
In ZIP Code 98407, 91.9% of the population lists "English only" as the language spoken in home, while 1.4% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 4.5% of homes, and other Indo-European languages are spoken in 1.8% of homes. Lastly, 0.3% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this Pierce County region.
| Language Spoken | Percent |
|---|---|
| English only | 91.9% |
| Spanish | 1.4% |
| Other Indo-European languages | 4.5% |
| Asian and Pacific Islander languages | 1.8% |
| Other languages | 0.3% |
Regarding solar power potential, ZIP Code 98407 has an average daily solar radiation level of 4.19 kWh/m2/day. This is approximately 1.7% greater than an area in the U.S. with historically low solar radiation levels (WA), and about 36.42% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 98407 | 8.14¢/kWh | 7.68¢/kWh | 4.13¢/kWh |
| Washington | 13.79¢/kWh | 10.99¢/kWh | 7.22¢/kWh |
| United States | 18.07¢/kWh | 14.06¢/kWh | 9.02¢/kWh |
| Month | ZIP Code 98407 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 1.67 | 1.9 | 5.84 |
| Feb | 2.93 | 3 | 6.31 |
| Mar | 4.01 | 3.65 | 7.02 |
| Apr | 5.29 | 5.13 | 7.3 |
| May | 5.73 | 5.17 | 7.13 |
| Jun | 5.97 | 5.72 | 6.95 |
| Jul | 6.25 | 6.22 | 6.51 |
| Aug | 5.85 | 6.08 | 6.65 |
| Sep | 5.24 | 5.15 | 7.02 |
| Oct | 3.33 | 3.32 | 6.92 |
| Nov | 2.15 | 2.33 | 5.99 |
| Dec | 1.85 | 1.78 | 5.46 |