ZIP Code 98498 -- Lakewood center, WA

Pierce | 2024 American Community Survey Data

Quick Overview

Population
29,209
Unknown
Median Income
$91,664
Home Value
$506,300
Median Rent
$1,711
Median Age
40.80
Diversity Index
71.10
Very High
Cost of Living
165.5
very high
Unemployment
4.0%

About ZIP Code 98498

ZIP code 98498 in Lakewood Center, Washington is a unknown area with a population of 29,209. The median household income is $91,664, which is This is 22% above the national median of $75,000.. The median home value is $506,300, representing a price-to-income ratio of 5.5x . The cost of living is very high with an index of 165.5 (the national average is 100). Residents have a median age of 40.80 years. Approximately 31.8% of adults hold a bachelor's degree or higher. This ZIP code is located in Pierce, WA.

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Population & Age

Total Population
29,209
Median Age
40.80
Male Population
14,571
49.9%
Female Population
14,638
50.1%
Density Classification
Unknown

Age Distribution

Race & Ethnicity

Diversity Index
71.10 Very High
White
54.6%
Black or African American
10.3%
Hispanic or Latino
13.1%
Asian
7.6%
Native American
0.4%
Pacific Islander
1.8%
Two or More Races
18.3%
Other Race
7.2%

Racial Composition

Income & Economy

Median Household Income
$91,664
Mean Household Income
$121,171
Per Capita Income
$50,374
Below Poverty Line
8.1%

This is 22% above the national median of $75,000.

Income Distribution

See richest ZIP codes in Washington →

Housing

Median Home Value
$506,300
Median Rent
$1,711
Total Housing Units
12,918
Occupied Units
11,857
Vacant Units
1,061
8.2% vacancy
Median Year Built
1974
Owner Occupied
63.9%
Renter Occupied
36.1%
Price-to-Income Ratio 5.5x

Housing is expensive relative to income

Ownership vs Rental

Owner 63.9% Renter 36.1%

Education

High School Diploma or Higher 91.1%
Bachelor's Degree or Higher 31.8%
Graduate or Professional Degree 13.5%
See most educated ZIP codes →

Employment & Commuting

Civilian Labor Force
13,643
Employment Rate
96.0%
Unemployment Rate
4.0%
Mean Commute Time
N/A

How People Get to Work

Drive Alone
72.0%
Carpool
11.7%
Public Transit
3.4%
Work from Home
11.2%

Cost of Living Index

165.5
very high

The cost of living in ZIP code 98498 is 65.5% above the national average of 100.

0 National Avg (100) 200

Compare 98498 with:

99335
Kahlotus, WA
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98506
Lacey, WA
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99361
Waitsburg, WA
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98467
Tacoma, WA
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Compare 98498 with Another ZIP Code

Nearby ZIP Codes

98467
Tacoma, WA
2.1 mi
Pop: 15,387 Income: $91,354
98499
Lakewood center, WA
2.2 mi
Pop: 32,464 Income: $67,292
98439
Lakewood center, WA
2.8 mi
Pop: 5,671 Income: $50,509
98433
Fort lewis, WA
3.5 mi
Pop: 22,493 Income: $60,158
98444
Parkland, WA
4.4 mi
Pop: 35,754 Income: $65,342
98408
Tacoma, WA
5.7 mi
Pop: 21,009 Income: $80,899
98466
Fircrest, WA
5.8 mi
Pop: 30,327 Income: $101,778
98465
Tacoma, WA
6.7 mi
Pop: 7,178 Income: $73,226
98445
Parkland, WA
6.9 mi
Pop: 33,684 Income: $92,520
98327
Du pont, WA
6.9 mi
Pop: 9,931 Income: $120,781
98405
Tacoma, WA
7.1 mi
Pop: 25,939 Income: $75,946
98406
Tacoma, WA
7.2 mi
Pop: 24,202 Income: $104,264

Other ZIP Codes in Lakewood Center

ZIP Code Population Median Income Home Value
98499 32,464 $67,292 $408,500
98439 5,671 $50,509 N/A

Other ZIP Codes in Pierce

ZIP Code City Population Median Income
98387 Spanaway 50,774 $106,872
98374 Puyallup 49,007 $112,662
98404 Tacoma 35,961 $82,191
98444 Parkland 35,754 $65,342
98445 Parkland 33,684 $92,520
98338 Graham 32,687 $114,819

Frequently Asked Questions about ZIP Code 98498

ZIP code 98498 (Lakewood center, WA) has a total population of 29,209 according to the 2024 American Community Survey. The median age is 40.80 years.

The median household income in ZIP code 98498 is $91,664 per year, based on 2024 Census Bureau data. This is 22% above the national median of $75,000.

ZIP code 98498 is primarily located in Lakewood center, Washington (WA). It falls within Pierce County.

The median home value in ZIP code 98498 is $506,300, based on the 2024 American Community Survey 5-year estimates. The median monthly rent is $1,711.

The median age in ZIP code 98498 is 40.80 years, compared to the national median of 38.9 years. This makes the area older than the national average.

ZIP code 98498 has a cost of living index of 165.53 (national average = 100). This means the cost of living is very high compared to the national average.

In ZIP code 98498, 31.76% of adults (25+) hold a bachelor's degree or higher, compared to the national average of 33.7%. 13.50% hold a graduate or professional degree.

The unemployment rate in ZIP code 98498 is 3.99%, which is above the national average of 3.6%. About 11.21% of workers work from home.

Explore More

All ZIP codes in Washington | ZIP codes in Lakewood Center | ZIP codes in Pierce | Richest ZIP codes in Washington | Most populated ZIP codes | Most educated ZIP codes

Data sourced from the 2024 American Community Survey (U.S. Census Bureau). Learn more about our data sources.