Spanaway, WA · standard
ZIP Code 98387
Pierce County, Washington — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 43,173
- 588/sq mi
- $106,872
- Median income
- $461,000
- Median home value
- 18.4%
- Bachelor's or higher
The verdict
Spanaway pairs an upper-quartile household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 15%
- household income, US ZIPs
- Top 15%
- home value, US ZIPs
- 588
- people per sq mi
- 77%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 98387 against every reporting US ZIP.
ZIP code 98387 is classified by USPS as a standard delivery area and covers roughly 73.5 square miles in Spanaway, Pierce County, Washington. The area is home to 43,173 residents, producing a population density of 588 people per square mile, and falls within the Los Angeles time zone. These USPS and Census boundary values drive every downstream statistic on this page, including the benchmarks that compare 98387 against Washington and the nation.
On the economic side, the median household income for ZIP 98387 sits at $106,872 (18% above the Washington average), while per-capita income is $40,831. The poverty rate stands at 7.4% and the unemployment rate at 4.3%. On housing, the median home value is $461,000 (10% below the state average) with median rent at $1,869 per month, and 77.4% of occupied units are owner-occupied, a direct signal of whether 98387 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 18.4% of adults hold a bachelor's degree or higher, the median age is 34.3, and the average commute is 38 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Pierce County, so you can benchmark 98387 against its immediate geography rather than a national average alone. Every figure is sourced from the U.S. Census Bureau American Community Survey 5-Year Estimates, HUD Fair Market Rents, and FHFA Home Price Index data, no estimates, no proprietary scoring. Verify with HUD →
Top industries in ZIP 98387
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 98387.
- Construction
Construction
131 establishments
- Retail trade
Retail trade
61 establishments
- Health care and social assistance
Health care and social assistance
54 establishments
- Other services (except public administration)
Other services (except public administration)
54 establishments
- Transportation and warehousing 48
Transportation and warehousing
48 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 + HUD FMR + FHFA HPI ACS demographics, ZBP business establishments, HUD Fair Market Rents, FHFA HPI for ZIP 98387, Spanaway, WA · 2023 Census ACS 5-Year Estimates use a rolling 60-month sample for stable small-geography estimates; ZBP updated annually; HUD FMR + FHFA HPI updated quarterly/annually.
Quick Facts
43,173
Population
73.5
Area (sq mi)
588
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 98387?
34.3
Median Age
50.7%
Male
49.3%
Female
12.6%
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?
$106,872
Median Household Income
+18% vs state
$40,831
Per Capita Income
7.4%
Poverty Rate
4.3%
Unemployment Rate
38.2 min
Mean Commute Time
How ZIP 98387 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$106,872 Top 15% higher than 85% of 30,318 US ZIPs
Each bar is a $20K-wide band; taller bars hold more US 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?
17,404
Total Housing Units
16,746
Occupied Units
658
Vacant Units
3.02
Avg Household Size
Occupancy Type
$461,000
Median Home Value
-10% vs state
$1,869
Median Rent
1994
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
+2.4%
YoY Change (2024)
333
HPI Index (2000 = 100)
+233%
Total Change Since 2000
Home values in ZIP 98387 have increased 2.4% over the past year (2024). Since 2000, this ZIP has seen +233% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +10.8% | 242 |
| 2021 | +18.2% | 286 |
| 2022 | +12.9% | 323 |
| 2023 | +0.7% | 326 |
| 2024 | +2.4% | 333 |
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 546 business establishments in ZIP 98387, employing approximately 4,002 people with a combined annual payroll of $186,498,000.
546
Businesses
4,002
Employees
$186.5M
Annual Payroll
16
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 131 | 24.0% |
| Retail trade | 61 | 11.2% |
| Health care and social assistance | 54 | 9.9% |
| Other services (except public administration) | 54 | 9.9% |
| Transportation and warehousing | 48 | 8.8% |
| Administrative and support and waste management and remediation services | 44 | 8.1% |
| Accommodation and food services | 37 | 6.8% |
| Real estate and rental and leasing | 34 | 6.2% |
| Professional, scientific, and technical services | 27 | 5.0% |
| Finance and insurance | 17 | 3.1% |
| Wholesale trade | 12 | 2.2% |
| Arts, entertainment, and recreation | 7 | 1.3% |
| Information | 6 | 1.1% |
| Manufacturing | 4 | 0.7% |
| Utilities | 3 | 0.6% |
| Educational services | 3 | 0.6% |
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 98387 vs 98446 →
ZIP 98387 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 98387
Spanaway (98387)
43,173 residents
- 98444
Tacoma (98444)
33,956 residents
- 98445
Tacoma (98445)
29,661 residents
- 98375
Puyallup (98375)
26,863 residents
- 98338
Graham (98338)
24,098 residents
- 98373
Puyallup (98373)
22,246 residents
- 98446 10,173
Tacoma (98446)
10,173 residents
- 98443 5,371
Tacoma (98443)
5,371 residents
- 98439 4,839
Lakewood (98439)
4,839 residents
What this shows Among its immediate neighbors, ZIP 98387 ranks the most populous — useful context the national average alone can't give.
ZIP 98387 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 98375
Puyallup (98375)
$117,074 median income
- 98338
Graham (98338)
$114,819 median income
- 98387
Spanaway (98387)
$106,872 median income
- 98443
Tacoma (98443)
$105,035 median income
- 98373
Puyallup (98373)
$103,796 median income
- 98446
Tacoma (98446)
$101,938 median income
- 98445
Tacoma (98445)
$92,520 median income
- 98444
Tacoma (98444)
$65,342 median income
- 98439
Lakewood (98439)
$50,509 median income
What this shows By household income, ZIP 98387 ranks #3 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 98446 | Tacoma, WA | 10,173 | 5.1 mi |
| 98445 | Tacoma, WA | 29,661 | 5.8 mi |
| 98375 | Puyallup, WA | 26,863 | 4.7 mi |
| 98447 | Tacoma, WA | 842 | 6.4 mi |
| 98338 | Graham, WA | 24,098 | 5.9 mi |
| 98444 | Tacoma, WA | 33,956 | 7.1 mi |
| 98373 | Puyallup, WA | 22,246 | 7.1 mi |
| 98443 | Tacoma, WA | 5,371 | 10.2 mi |
| 98439 | Lakewood, WA | 4,839 | 6.8 mi |
| 98438 | Mcchord Afb, WA | 366 | 7.0 mi |
More ZIP Codes in Pierce County
Related Areas
Frequently Asked Questions
What county is ZIP code 98387 in? ▼
What is the population of ZIP code 98387? ▼
What is the median household income in ZIP 98387? ▼
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How many businesses are in ZIP code 98387? ▼
What are the main industries in ZIP code 98387? ▼
How have home values changed in ZIP code 98387? ▼
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What is the average commute time in ZIP 98387? ▼
What percentage of residents own vs. rent in ZIP 98387? ▼
What is the poverty rate in ZIP code 98387? ▼
ZIP Code Research Guides
Official Data Resources for Spanaway, WA
Verify and explore additional data for this area using these official government sources.
Read our methodology to see how this data is sourced, computed, and verified.