PlainZIP

Tacoma, WA · standard

ZIP Code 98405

Pierce County, Washington - Census ACS demographics, housing tenure, and business patterns, benchmarked against every US ZIP.

22,851
2,136/sq mi
$75,946
Median income
$464,700
Median home value
32.2%
Bachelor's or higher

The verdict

Tacoma pairs an above-median household income with upper-quartile home values, in a suburban-density, mixed-tenure area.

Top 44%
household income, US ZIPs
Top 15%
home value, US ZIPs
2,136
people per sq mi
49%
owner-occupied homes

Source: U.S. Census Bureau ACS 5-Year Estimates (2019–2023). Percentiles rank ZIP 98405 against every reporting US ZIP.

ZIP code 98405 is a densely settled ZIP (a standard USPS delivery area) in Tacoma, Pierce County, Washington, with 22,851 residents across 10.7 square miles, a density of 2,136 people per square mile, in the Los Angeles time zone.

ZIP 98405 lands in the middle-income range, with a median household income of $75,946 (16% below the Washington average), while per-capita income is $41,401. The poverty rate stands at 15.9% and the unemployment rate at 3.9%. Median home value sits at $464,700 (9% below the state average), median rent at $1,551 a month, and owner-occupancy at 49.2%.

A solid share of residents have a four-year degree: 32.2% of adults hold a bachelor's degree or higher, the median age is 38.5, and the average commute is 27 minutes. To put 98405 in local context, 10 ZIP codes within roughly 10 miles appear further down this page alongside 6 additional ZIPs in Pierce County, for a geography-aware comparison.

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 98405

Top 5 sectors by establishment count in Tacoma, WA

Which industries have the most business establishments in ZIP 98405.

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 + FHFA HPI ACS demographics and median rent, ZBP business establishments, FHFA HPI for ZIP 98405, Tacoma, 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

22,851

Population

10.7

Area (sq mi)

2,136

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 98405?

38.5

Median Age

49.2%

Male

50.8%

Female

10.7%

Foreign-Born

White 56.9%
African American 10.8%
Asian 6.0%
American Indian or Alaska Native 0.4%
Native Hawaiian or Pacific Islander 0.3%
Two or More Ethnicities 19.9%
Hispanic or Latino 14.0%

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?

$75,946

Median Household Income

-16% vs state

$41,401

Per Capita Income

15.9%

Poverty Rate

3.9%

Unemployment Rate

27.0 min

Mean Commute Time

How ZIP 98405 ranks nationally

Tacoma, WA household income vs. every US ZIP code

Median household income, the full national distribution, with this ZIP marked

$75,946 Top 44% higher than 56% 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%). This entry sits in this band. $80,000–$100,000: 5,778 US ZIPs (19%). Above this entry. $100,000–$120,000: 2,855 US ZIPs (9%). Above this entry. $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 56.7%
Bachelor's Degree or Higher 32.2%

Source: U.S. Census Bureau, ACS 5-Year Estimates (2023)

What does housing look like?

12,015

Total Housing Units

11,421

Occupied Units

594

Vacant Units

2.23

Avg Household Size

Occupancy Type

Owner 49.2%
Renter 50.8%

$464,700

Median Home Value

-9% vs state

$1,551

Median Rent

1942

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

+2.7%

YoY Change (2024)

413

HPI Index (2000 = 100)

+313%

Total Change Since 2000

Home values in ZIP 98405 have increased 2.7% over the past year (2024). Since 2000, this ZIP has seen +313% cumulative appreciation.

Year Annual Change HPI Index
2020 +8.8% 304
2021 +17.4% 356
2022 +15.4% 411
2023 -2.3% 402
2024 +2.7% 413

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 643 business establishments in ZIP 98405, employing approximately 16,689 people with a combined annual payroll of $1,216,295,000.

643

Businesses

16,689

Employees

$1.2B

Annual Payroll

16

Industry Sectors

Industry Establishments % of Total
Health care and social assistance 220 34.2%
Professional, scientific, and technical services 73 11.3%
Other services (except public administration) 63 9.8%
Retail trade 57 8.9%
Real estate and rental and leasing 46 7.2%
Accommodation and food services 44 6.8%
Construction 42 6.5%
Finance and insurance 23 3.6%
Administrative and support and waste management and remediation services 18 2.8%
Arts, entertainment, and recreation 12 1.9%
Educational services 10 1.6%
Manufacturing 9 1.4%
Transportation and warehousing 8 1.2%
Information 7 1.1%
Wholesale trade 6 0.9%
Management of companies and enterprises 3 0.5%

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 98405 vs 98416 →

ZIP 98405 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 98405 ranks #3 by population - useful context the national average alone can't give.

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

ZIP 98405 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 98405 ranks #7 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
98416 Tacoma, WA 1,014 1.2 mi
98403 Tacoma, WA 7,713 1.5 mi
98402 Tacoma, WA 6,356 1.6 mi
98409 Tacoma, WA 22,989 2.4 mi
98418 Tacoma, WA 10,069 2.0 mi
98406 Tacoma, WA 21,610 2.1 mi
98465 Tacoma, WA 6,340 2.7 mi
98408 Tacoma, WA 18,830 3.5 mi
98466 Tacoma, WA 26,944 3.2 mi
98407 Tacoma, WA 19,885 3.5 mi

More ZIP Codes in Pierce County

98391 standard
Bonney Lake, WA
Pop: 44,309
98387 standard
Spanaway, WA
Pop: 43,173
98374 standard
Puyallup, WA
Pop: 37,360
98444 standard
Tacoma, WA
Pop: 33,956
98404 standard
Tacoma, WA
Pop: 32,086
98499 standard
Lakewood, WA
Pop: 29,750

Related Areas

Pierce County Tacoma, WA Washington

Frequently Asked Questions

What county is ZIP code 98405 in? ▼
ZIP code 98405 (Tacoma) 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 98405? ▼
ZIP code 98405 in Tacoma, WA has a population of 22,851 according to the Census Bureau ACS 2023 estimates.
What is the median household income in ZIP 98405? ▼
The median household income in ZIP 98405 is $75,946, which is 0% below the national average of $76,288.
What is the average home value in ZIP 98405? ▼
The median home value in ZIP 98405 is $464,700, which is 67% above the national average of $278,155.
What is the demographic makeup of ZIP 98405? ▼
The largest racial group in ZIP 98405 is White at 56.9%. Hispanic or Latino residents make up 14.0% of the population.
How many businesses are in ZIP code 98405? ▼
ZIP code 98405 has 643 business establishments employing approximately 16,689 people, according to Census Bureau ZIP Code Business Patterns (ZBP) 2023 data.
What are the main industries in ZIP code 98405? ▼
The top industries by establishment count in ZIP 98405 are: Health care and social assistance (220), Professional, scientific, and technical services (73), Other services (except public administration) (63). There are 16 industry sectors represented in total.
How have home values changed in ZIP code 98405? ▼
According to the FHFA House Price Index, home values in ZIP 98405 increased by 2.7% in 2024. Since 2000, home values in this ZIP have appreciated by approximately 313%. 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 98405? ▼
In ZIP code 98405, 56.7% of residents aged 25+ have a high school diploma or higher, and 32.2% 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 98405? ▼
The mean commute time for workers in ZIP code 98405 is 27.0 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 98405? ▼
In ZIP code 98405, approximately 49.2% of occupied housing units are owner-occupied and 50.8% are renter-occupied, based on Census ACS 2023 data.
What is the poverty rate in ZIP code 98405? ▼
The poverty rate in ZIP code 98405 is 15.9% according to Census Bureau ACS 2023 estimates. This measures the percentage of the population living below the federal poverty threshold.

Read our methodology to see how this data is sourced, computed, and verified.