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.

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 · ZIP Code Business Patterns (ZBP) As of 2023

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

Neighborhood Scorecard
Get an A-F grade across income, safety, housing, rent, education, commute, and childcare for this ZIP code.
View Scorecard →

Who lives in ZIP 98387?

34.3

Median Age

50.7%

Male

49.3%

Female

12.6%

Foreign-Born

White 53.7%
African American 10.5%
Asian 6.5%
American Indian or Alaska Native 1.1%
Native Hawaiian or Pacific Islander 3.8%
Two or More Ethnicities 18.8%
Hispanic or Latino 17.2%

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

$0–$20,000: 118 US ZIPs (0%). Below this entry. $20,000–$40,000: 1,573 US ZIPs (5%). Below this entry. $40,000–$60,000: 7,092 US ZIPs (23%). Below this entry. $60,000–$80,000: 9,980 US ZIPs (33%). Below this entry. $80,000–$100,000: 5,778 US ZIPs (19%). Below this entry. $100,000–$120,000: 2,855 US ZIPs (9%). This entry sits in this band. $120,000–$140,000: 1,362 US ZIPs (4%). Above this entry. $140,000–$160,000: 686 US ZIPs (2%). Above this entry. $160,000–$180,000: 364 US ZIPs (1%). Above this entry. $180,000–$200,000: 186 US ZIPs (1%). Above this entry. $200,000–$220,000: 324 US ZIPs (1%). Above this entry. This ZIP $0 $200K+ every reporting US ZIP, bucketed by value

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?

High School Graduate or Higher 51.4%
Bachelor's Degree or Higher 18.4%

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

Owner 77.4%
Renter 22.6%

$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)

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.

residents

What this shows Among its immediate neighbors, ZIP 98387 ranks the most populous — useful context the national average alone can't give.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023

ZIP 98387 vs its nearest neighbors, by median income

Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.

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.

Source U.S. Census Bureau · ACS 5-Year Estimates As of 2019–2023
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

Frequently Asked Questions

What county is ZIP code 98387 in?
ZIP code 98387 (Spanaway) 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 98387?
ZIP code 98387 in Spanaway, WA has a population of 43,173 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 98387?
The median household income in ZIP 98387 is $106,872, which is 40% above the national average of $76,288.
What is the average home value in ZIP 98387?
The median home value in ZIP 98387 is $461,000, which is 66% above the national average of $278,155.
What is the demographic makeup of ZIP 98387?
The largest racial group in ZIP 98387 is White at 53.7%. Hispanic or Latino residents make up 17.2% of the population.
How many businesses are in ZIP code 98387?
ZIP code 98387 has 546 business establishments employing approximately 4,002 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 98387?
The top industries by establishment count in ZIP 98387 are: Construction (131), Retail trade (61), Health care and social assistance (54). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 98387?
According to the FHFA House Price Index, home values in ZIP 98387 increased by 2.4% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 233%. 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 98387?
In ZIP code 98387, 51.4% of residents aged 25+ have a high school diploma or higher, and 18.4% 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 98387?
The mean commute time for workers in ZIP code 98387 is 38.2 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 98387?
In ZIP code 98387, approximately 77.4% of occupied housing units are owner-occupied and 22.6% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 98387?
The poverty rate in ZIP code 98387 is 7.4% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

ZIP Code Research Guides

Official Data Resources for Spanaway, WA

Verify and explore additional data for this area using these official government sources.