Tacoma, WA · standard
ZIP Code 98404
Pierce County, Washington — Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.
- 32,086
- 1,629/sq mi
- $82,191
- Median income
- $413,900
- Median home value
- 21.7%
- Bachelor's or higher
The verdict
Tacoma pairs an above-median household income with upper-quartile home values, in a low-density, homeowner-dominated area.
- Top 35%
- household income, US ZIPs
- Top 19%
- home value, US ZIPs
- 1,629
- people per sq mi
- 69%
- owner-occupied homes
Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 98404 against every reporting US ZIP.
ZIP code 98404 is classified by USPS as a standard delivery area and covers roughly 19.7 square miles in Tacoma, Pierce County, Washington. The area is home to 32,086 residents, producing a population density of 1,629 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 98404 against Washington and the nation.
On the economic side, the median household income for ZIP 98404 sits at $82,191 (10% below the Washington average), while per-capita income is $33,598. The poverty rate stands at 14.4% and the unemployment rate at 5.5%. On housing, the median home value is $413,900 (19% below the state average) with median rent at $1,483 per month, and 68.6% of occupied units are owner-occupied, a direct signal of whether 98404 behaves more like a homeowner neighborhood or a renter-heavy ZIP.
Education and household profile round out the picture: 21.7% of adults hold a bachelor's degree or higher, the median age is 35.1, and the average commute is 34 minutes. We also surface 10 nearby ZIP codes within roughly 10 miles and 6 additional ZIPs sharing Pierce County, so you can benchmark 98404 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 98404
Top 5 sectors by establishment count
Which industries have the most business establishments in ZIP 98404.
- Construction
Construction
102 establishments
- Health care and social assistance
Health care and social assistance
42 establishments
- Retail trade
Retail trade
41 establishments
- Accommodation and food services 40
Accommodation and food services
40 establishments
- Administrative and support and waste management and remediation services 37
Administrative and support and waste management and remediation services
37 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 98404, Tacoma, 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
32,086
Population
19.7
Area (sq mi)
1,629
People / sq mi
Los Angeles
Time Zone
standard
ZIP Type
Who lives in ZIP 98404?
35.1
Median Age
51.2%
Male
48.8%
Female
20.6%
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?
$82,191
Median Household Income
-10% vs state
$33,598
Per Capita Income
14.4%
Poverty Rate
5.5%
Unemployment Rate
34.1 min
Mean Commute Time
How ZIP 98404 ranks nationally
Household income vs. every US ZIP code
Median household income — the full national distribution, with this ZIP marked
$82,191 Top 35% higher than 65% 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?
12,967
Total Housing Units
12,435
Occupied Units
532
Vacant Units
2.86
Avg Household Size
Occupancy Type
$413,900
Median Home Value
-19% vs state
$1,483
Median Rent
1971
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
+5.1%
YoY Change (2024)
381
HPI Index (2000 = 100)
+281%
Total Change Since 2000
Home values in ZIP 98404 have increased 5.1% over the past year (2024). Since 2000, this ZIP has seen +281% cumulative appreciation.
| Year | Annual Change | HPI Index |
|---|---|---|
| 2020 | +9.8% | 273 |
| 2021 | +17.0% | 320 |
| 2022 | +12.7% | 361 |
| 2023 | +0.5% | 362 |
| 2024 | +5.1% | 381 |
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 393 business establishments in ZIP 98404, employing approximately 5,446 people with a combined annual payroll of $265,435,000.
393
Businesses
5,446
Employees
$265.4M
Annual Payroll
13
Industry Sectors
| Industry | Establishments | % of Total |
|---|---|---|
| Construction | 102 | 25.9% |
| Health care and social assistance | 42 | 10.7% |
| Retail trade | 41 | 10.4% |
| Accommodation and food services | 40 | 10.2% |
| Administrative and support and waste management and remediation services | 37 | 9.4% |
| Other services (except public administration) | 37 | 9.4% |
| Transportation and warehousing | 23 | 5.8% |
| Professional, scientific, and technical services | 22 | 5.6% |
| Real estate and rental and leasing | 19 | 4.8% |
| Wholesale trade | 11 | 2.8% |
| Manufacturing | 6 | 1.5% |
| Educational services | 5 | 1.3% |
| Finance and insurance | 3 | 0.8% |
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 98404 vs 98443 →
ZIP 98404 vs its nearest neighbors, by population
Resident population of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 98444
Tacoma (98444)
33,956 residents
- 98404
Tacoma (98404)
32,086 residents
- 98445
Tacoma (98445)
29,661 residents
- 98409
Tacoma (98409)
22,989 residents
- 98405
Tacoma (98405)
22,851 residents
- 98408
Tacoma (98408)
18,830 residents
- 98424 10,140
Tacoma (98424)
10,140 residents
- 98418 10,069
Tacoma (98418)
10,069 residents
- 98402 6,356
Tacoma (98402)
6,356 residents
What this shows Among its immediate neighbors, ZIP 98404 ranks #2 by population — useful context the national average alone can't give.
ZIP 98404 vs its nearest neighbors, by median income
Median household income of this ZIP and the closest reporting ZIP codes within ~10 miles.
- 98443
Tacoma (98443)
$105,035 median income
- 98424
Tacoma (98424)
$94,122 median income
- 98445
Tacoma (98445)
$92,520 median income
- 98418
Tacoma (98418)
$89,706 median income
- 98404
Tacoma (98404)
$82,191 median income
- 98408
Tacoma (98408)
$80,899 median income
- 98405
Tacoma (98405)
$75,946 median income
- 98409
Tacoma (98409)
$73,348 median income
- 98444
Tacoma (98444)
$65,342 median income
What this shows By household income, ZIP 98404 ranks #5 of 9 neighboring ZIPs — local affluence varies block to block, not just metro to metro.
| ZIP Code | City | Population | Distance |
|---|---|---|---|
| 98443 | Tacoma, WA | 5,371 | 1.7 mi |
| 98408 | Tacoma, WA | 18,830 | 1.9 mi |
| 98418 | Tacoma, WA | 10,069 | 1.9 mi |
| 98421 | Tacoma, WA | 1,308 | 3.5 mi |
| 98402 | Tacoma, WA | 6,356 | 3.0 mi |
| 98445 | Tacoma, WA | 29,661 | 4.8 mi |
| 98409 | Tacoma, WA | 22,989 | 3.4 mi |
| 98424 | Tacoma, WA | 10,140 | 3.2 mi |
| 98444 | Tacoma, WA | 33,956 | 4.3 mi |
| 98405 | Tacoma, WA | 22,851 | 3.8 mi |
More ZIP Codes in Pierce County
Related Areas
Frequently Asked Questions
What county is ZIP code 98404 in? ▼
What is the population of ZIP code 98404? ▼
What is the median household income in ZIP 98404? ▼
What is the average home value in ZIP 98404? ▼
What is the demographic makeup of ZIP 98404? ▼
How many businesses are in ZIP code 98404? ▼
What are the main industries in ZIP code 98404? ▼
How have home values changed in ZIP code 98404? ▼
What is the education level in ZIP code 98404? ▼
What is the average commute time in ZIP 98404? ▼
What percentage of residents own vs. rent in ZIP 98404? ▼
What is the poverty rate in ZIP code 98404? ▼
ZIP Code Research Guides
Official Data Resources for Tacoma, 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.