Residential delivery area · Washington

ZIP Code 98406: Tacoma, WA

ZIP code 98406 is in Tacoma, Washington, entirely in Pierce County (Census 2020 ZIP-county file). About 24,000 people live there (Census Bureau, ACS 2020-2024), the 7th most populous of Tacoma's 21 residential ZIP codes. Median household income is $104,264 (Census Bureau, ACS 2020-2024).

  • ACS2020-24
  • Census2020
  • FHFA2025
  • ZBP2023
  • IRS2022
9national area: Washington, Alaska, California, Hawaii, Oregon and 7 more
984sectional center: Tacoma, WA (SCF 983)
06delivery area within it
Town
Tacoma · 21 residential ZIPs
Census places
Tacoma
Metro area
Seattle-Tacoma-Bellevue, WA
House district
WA-6 119th Congress
Time zone
Pacific
Land area
4.2 sq mi · 5,789 people per sq mi
PO Box ZIPs
14 more ZIP codes use the name Tacoma for PO boxes or single organizations

Where is ZIP code 98406?

98406 centers on 47.264°, -122.513° and covers 4.2 square miles of land plus 0.5 of water. It borders 5 ZIP codes: 98416, 98465, 98407, 98405, 98403.

98403 · Tacoma98405 · Tacoma98407 · Tacoma98416 · Tacoma98465 · Tacoma98406 · Tacoma (this ZIP)984069840798405984659840398403 · Tacoma98405 · Tacoma98407 · Tacoma98416 · Tacoma98465 · Tacoma98406 · Tacoma (this ZIP)984069840798405984659840398403 · Tacoma98405 · Tacoma98407 · Tacoma98416 · Tacoma98465 · Tacoma98406 · Tacoma (this ZIP)9840698407984059846598403
Shaded by median household income, in national fifths (ACS 2020-2024); 98406 outlined. Census 2020 ZCTA boundaries. <$54.1k$98.1k+no figure

The map draws ZIP code areas only. For the streets inside 98406, open its center on OpenStreetMap.

Source: U.S. Census Bureau, 2020 ZCTA cartographic boundaries and the 2023 Gazetteer (2020 ZCTAs); ZIP-to-county shares, Census places and House districts (119th Congress) from the Census 2020 relationship files (shares of land); metro area from the OMB delineation (July 2023); town name and time zone from simplemaps US ZIP Codes (CC BY 4.0).

How does 98406 compare with the rest of Tacoma?

Rank of 98406 among the residential ZIP codes of its town, county and state (1 = the most; income and home value among ZIP codes of 1,000+ people living in households)
Measure98406In TacomaIn Pierce CountyIn WA
People (ACS 2020-2024)24,2027th of 2119th of 60146th of 605
Median household income$104k4th of 1720th of 44117th of 363
Median home value$638k4th of 168th of 44106th of 392

Its median household income is higher than in 84% of U.S. residential ZIP codes, and it is denser than 95% of all U.S. residential ZIP codes. ZIP codes at the ACS caps ($250,000 or more for household income, $2,000,000 or more for home value) share the top rank.

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B19013, B25077); ranks by PlainZIP over residential ZIP codes (ZCTAs).

How many people live in 98406?

The 2020 Census counted 22,768 people in 98406; the ACS, which samples households over 2020-2024, estimates 24,202. Between the 2010 and 2020 censuses its population grew 5.4% (its boundary stayed at least 90% the same).

People, ACS 2020-2024
24,202
2020 Census count
22,768+5.4% since 2010 (21,610)
Households
10,557
Median age
41.7

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01003, B01002, B11001); 2020 Census (DHC P1); 2010 Census (SF1 P1).

Who lives in 98406?

Of the 24,202 people the ACS estimates in 98406, 15.5% are under 18 and 19.1% are 65 or older. The largest group by race and Hispanic origin is White (not Hispanic) (79.7%).

  • Under 1815.5%
  • 18 to 6465.4%
  • 65 and older19.1%
Age of the people of 98406 (ACS 2020-2024, B01001)
  • White, not Hispanic79.7%
  • Other or two or more9.1%
  • Hispanic or Latino4.2%
  • Black, not Hispanic4.1%
  • Asian, not Hispanic2.9%
Race and Hispanic origin in 98406 (ACS 2020-2024, B03002); each person counted once

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B01001 age by sex, B03002 Hispanic or Latino origin by race); shares of the estimated population, small ZIP codes carry wide margins.

What do households in 98406 earn?

Median household income is $104,264 (ACS 2020-2024), the 20th highest of the 44 ranked ZIP codes in Pierce County. It is not measurably different from 2015-2019 ($100,749 in 2024 dollars): the change is within the surveys' margins of error.

Median household income
$104,264±$11,199
Income per person
$58,501
Below the poverty line
8.0%
Unemployed (of the labor force)
4.0%
Adults 25+ with a bachelor's degree
48.7%
Adjusted gross income per tax return, 2022
$103,84510,920 returns; wages 69% of AGI (IRS)

Source: U.S. Census Bureau, ACS 2020-2024 and 2015-2019 5-year estimates (B19013, B19301, B17001, B23025, B15003; 2015-2019 dollars converted with the BLS CPI-U, 1.22699); IRS Statistics of Income, ZIP code data, tax year 2022 (adjusted gross income per return, filed under the address on the return).

What are homes worth in 98406?

FHFA's house price index for 98406, built from repeat sales and appraisals of the same homes, rose 124% from 2015 to 2025 and rose 44% from 2020 to 2025, and moved +3.2% in 2025.

Median home value (owners' estimate)
$638,400
Median gross rent
$1,764
Homes owned by their occupants
61.3%
Housing units
10,925
0 400 800 1200 1600 197619902000201020202025 0 400 800 1200 1600 197619902000201020202025 0 400 800 1200 1600 197619902000201020202025
Index = 100 in 1976, the first year FHFA reports for 98406; 2025: 1839.3. Annual, not seasonally adjusted; FHFA calls its ZIP-level indexes developmental.

Source: U.S. Census Bureau, ACS 2020-2024 5-year estimates (B25077, B25064, B25003, B25001); FHFA House Price Index, annual five-digit ZIP, updated 2026-03-31.

What businesses are in 98406?

543 business establishments had a location in this ZIP code in 2023, 56 more than in 2018; the most are in health care and social assistance (ZIP Code Business Patterns).

  • Health care and social assistance89
  • Accommodation and food services82
  • Retail trade72
  • Other services (except public administration)70
  • Professional, scientific, and technical services60
  • Real estate and rental and leasing38

Source: U.S. Census Bureau, ZIP Code Business Patterns 2023 and 2018 (establishments with paid employees, by the business's ZIP code).

Which ZIP codes are next to 98406?

ZIP codes that share a boundary with 98406, then the nearest by center
ZIPTownPeopleHousehold incomeDistance
98416Tacoma934–1.4 mi
98465Tacoma7,178$73k1.5 mi
98407Tacoma21,718$110k1.9 mi
98405Tacoma25,939$76k2.3 mi
98403Tacoma9,097$88k2.5 mi
98466Tacoma30,327$102k2.7 mi (near)
98402Tacoma8,080$61k3.3 mi (near)
98409Tacoma27,843$73k3.9 mi (near)

Source: PlainZIP from the Census 2020 ZCTA boundaries (shared edges) and internal points; figures ACS 2020-2024.