Milton, WA · standard
ZIP Code 98354
Pierce County, Washington - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 6,976
- 1,123/sq mi High-density area
- $96,866
- Median income Above-median income area
- $536,800
- Median home value Above-median home value
- 22.6%
- Bachelor's or higher Near-average bachelor's attainment
National ZIP placement
Milton pairs an upper-quartile household income with upper-quartile home values, in a low-density, mixed-tenure area.
- Top 21%
- household income, US ZIPs
- Top 12%
- home value, US ZIPs
- 1,123
- people per sq mi
- 56%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 98354 against every reporting US ZIP.
FHFA HPI release change
What changed in the latest House Price Index year
- FHFA House Price Index values in ZIP 98354 (Milton, WA) fell -1.1% from 2023 to 2024. The all-transactions index moved from 333.0 in 2023 to 329.4 in 2024 (2000 = 100).
ZIP code 98354 is a mid-sized community (a standard USPS delivery area) in Milton, Pierce County, Washington, home to 6,976 residents across 6.2 square miles, a density of 1,123 people per square mile, in the Los Angeles time zone.
ZIP 98354 lands in the middle-income range, with a median household income of $96,866 (7% above the average Washington ZIP), while per-capita income is $42,583. The poverty rate is 10.5%, with unemployment at 5.3%; those measures add context to the income figure. Median home value is $536,800 (5% above the average Washington ZIP) and median rent is $2,221; 55.6% of occupied homes are owner-occupied.
Educational attainment sits below the national norm: 22.6% of adults hold a bachelor's degree or higher, the median age is 37.7, and the average commute is 31 minutes. The page also surfaces 10 ZIP codes within roughly 10 miles and 6 more in Pierce County, so 98354 can be compared with both its immediate and county-level context.
Every figure on this page is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates (including median rent) and the FHFA House Price Index, no estimates, no proprietary scoring. Verify with Census →
Top industries in ZIP 98354
Top 5 sectors by establishment count in Milton, WA
Which industries have the most business establishments in ZIP 98354.
- Construction
Construction
41 establishments
- Other services (except public administration)
Other services (except public administration)
22 establishments
- Accommodation and food services
Accommodation and food services
21 establishments
- Health care and social assistance
Health care and social assistance
17 establishments
- Retail trade 15
Retail trade
15 establishments
What this shows Establishment counts come from the Census ZIP Code Business Patterns program, which counts physical business locations rather than employees or revenue.
Source: U.S. Census Bureau, American Community Survey 5-Year Estimates + ZIP Code Business Patterns + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 98354, Milton, WA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; FHFA HPI updated quarterly/annually.
Quick Facts
6,976
Population
6.2
Area (sq mi)
1,123
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 98354?
37.7
Median Age
45.6%
Male
54.4%
Female
12.4%
Foreign-Born
Hispanic or Latino is an ethnicity category from the Census Bureau and may overlap with other categories above.
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How much do residents earn?
$96,866
Median Household Income
+7% vs state ZIP avg
$42,583
Per Capita Income
10.5%
Poverty Rate
5.3%
Unemployment Rate
30.5 min
Mean Commute Time
How ZIP 98354 ranks among Washington ZIPs
Milton, WA household income vs. every Washington ZIP code
Median household income among 547 reporting Washington ZIPs (this ZIP's population is too small for a reliable national-corpus placement)
$96,866 Top 35% higher than 65% of 547 Washington ZIPs
Each bar is a $20K-wide band; taller bars hold more Washington ZIPs. The dashed line + filled bar mark this entry. Hover or tap any bar for its full count, share, and where it sits relative to this entry.
Source U.S. Census Bureau, ACS 5-Year Estimates · 2019–2023
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What is the education profile here?
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
What does housing look like?
Housing stock: occupied vs vacant
3,274housing units
3,274
Total Housing Units
3,178
Occupied Units
96
Vacant Units
2.70
Avg Household Size
Occupancy Type
$536,800
Median Home Value
+5% vs state ZIP avg
$2,221
Median Rent
1988
Median Year Built
Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)
How have home values changed over time?
FHFA House Price Index, annual appreciation data based on repeat sales and appraisals
-1.1%
YoY Change (2024)
329
HPI Index (2000 = 100)
+229%
Total Change Since 2000
Home values in ZIP 98354 have decreased 1.1% over the past year (2024). Since 2000, this ZIP has seen +229% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +7.0% | 239 |
| 2021 | +15.2% | 276 |
| 2022 | +15.0% | 317 |
| 2023 | +5.1% | 333 |
| 2024 | -1.1% | 329 |
Source: Federal Housing Finance Agency (FHFA) House Price Index, All-Transactions, Five-Digit ZIP Codes (Developmental Index). Index base = 100 in year 2000. Data through 2024. ZIP codes with few transactions may show missing values.
What businesses operate in this ZIP?
Census Bureau data shows 185 business establishments in ZIP 98354, employing approximately 1,999 people with a combined annual payroll of $108,948,000.
185
Businesses
1,999
Employees
$108.9M
Annual Payroll
12
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 41 | 22.2% |
| Other services (except public administration) | 22 | 11.9% |
| Accommodation and food services | 21 | 11.3% |
| Health care and social assistance | 17 | 9.2% |
| Retail trade | 15 | 8.1% |
| Professional, scientific, and technical services | 14 | 7.6% |
| Administrative and support and waste management and remediation services | 13 | 7.0% |
| Real estate and rental and leasing | 12 | 6.5% |
| Transportation and warehousing | 8 | 4.3% |
| Finance and insurance | 8 | 4.3% |
| Wholesale trade | 4 | 2.2% |
| Arts, entertainment, and recreation | 3 | 1.6% |
Source: U.S. Census Bureau, ZIP Code Business Patterns (ZBP), 2023. Employment figures may include noise for disclosure avoidance.
Nearby ZIP Codes
Want a side-by-side? Compare 98354 vs 98424 →
ZIP 98354 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 98023
Federal Way (98023)
47,510 residents
- 98003
Federal Way (98003)
44,151 residents
- 98001
Auburn (98001)
31,911 residents
- 98372
Puyallup (98372)
22,475 residents
- 98373
Puyallup (98373)
22,246 residents
- 98371
Puyallup (98371)
20,468 residents
- 98424 10,140
Tacoma (98424)
10,140 residents
- 98354 6,976
Milton (98354)
6,976 residents
- 98047 6,339
Pacific (98047)
6,339 residents
What this shows Among its immediate neighbors, ZIP 98354 ranks #8 by population - useful context the national average alone can't give.
ZIP 98354 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 98047
Pacific (98047)
$115,188 median income
- 98001
Auburn (98001)
$106,791 median income
- 98443
Tacoma (98443)
$105,035 median income
- 98023
Federal Way (98023)
$104,893 median income
- 98373
Puyallup (98373)
$103,796 median income
- 98372
Puyallup (98372)
$98,152 median income
- 98371
Puyallup (98371)
$97,242 median income
- 98354
Milton (98354)
$96,866 median income
- 98424
Tacoma (98424)
$94,122 median income
What this shows By household income, ZIP 98354 ranks #8 of 9 neighboring ZIPs, local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 98424 | Tacoma, WA | 10,140 | 2.1 mi |
| 98003 | Federal Way, WA | 44,151 | 3.8 mi |
| 98371 | Puyallup, WA | 20,468 | 3.5 mi |
| 98047 | Pacific, WA | 6,339 | 3.3 mi |
| 98372 | Puyallup, WA | 22,475 | 3.8 mi |
| 98421 | Tacoma, WA | 1,308 | 4.0 mi |
| 98443 | Tacoma, WA | 5,371 | 4.2 mi |
| 98023 | Federal Way, WA | 47,510 | 4.6 mi |
| 98001 | Auburn, WA | 31,911 | 4.7 mi |
| 98373 | Puyallup, WA | 22,246 | 7.1 mi |
Nationwide ZIPs with similar ACS profiles
Two Census-derived peer sets for ZIP 98354, both outside WA so the neighborhoods are not geographic containment (Nearby and same-county blocks stay local).
Similar population
Nearest cross-state ZIPs by resident population (6,976 here; floor ≥1,000).
Similar median household income
Nearest cross-state ZIPs by ACS median household income.
More ZIP Codes in Pierce County
Related Areas
Frequently Asked Questions
What county is ZIP code 98354 in?
ZIP code 98354 (Milton) is located in Pierce County, Washington. Pierce County contains multiple ZIP codes, see the full list at /counties/pierce-wa.
What is the population of ZIP code 98354?
ZIP code 98354 in Milton, WA has a population of 6,976 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 98354?
The median household income in ZIP 98354 is $96,866, which is 27% above the national average of $76,288.
What is the average home value in ZIP 98354?
The median home value in ZIP 98354 is $536,800, which is 93% above the national average of $278,155.
What is the demographic makeup of ZIP 98354?
The largest racial group in ZIP 98354 is White at 75.3%. Hispanic or Latino residents make up 15.2% of the population.
How many businesses are in ZIP code 98354?
ZIP code 98354 has 185 business establishments employing approximately 1,999 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 98354?
The top industries by establishment count in ZIP 98354 are: Construction (41), Other services (except public administration) (22), Accommodation and food services (21). There are 12 industry sectors represented in total.
How have home values changed in ZIP code 98354?
According to the FHFA House Price Index, home values in ZIP 98354 decreased by 1.1% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 229%. This is a developmental index based on repeat sales and appraisal data from Fannie Mae and Freddie Mac.
What is the education level in ZIP code 98354?
In ZIP code 98354, 53.6% of residents aged 25+ have a high school diploma or higher, and 22.6% hold a bachelor's degree or higher. These figures come from the Census Bureau ACS 5-Year Estimates (2023).
What is the average commute time in ZIP 98354?
The mean commute time for workers in ZIP code 98354 is 30.5 minutes according to Census ACS data. The national average is roughly 26 minutes, so commuters here spend more time traveling to work than typical.
What percentage of residents own vs. rent in ZIP 98354?
In ZIP code 98354, approximately 55.6% of occupied housing units are owner-occupied and 44.4% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 98354?
The poverty rate in ZIP code 98354 is 10.5% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.
Related
Take this with you
What to do with ZIP 98354's numbers, next.
- See how ZIP 98354 compares to a neighboring ZIP code on the same Census fields Compare this ZIP
- Check where Milton, WA ranks among every U.S. ZIP code on income, education, or homeownership View national rankings
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ZIP Code Tabulation Areas (ZCTAs) are Census Bureau approximations of USPS ZIP codes; figures describe the ZCTA area, not any single address within it.