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ZIP Code 98406

ZIP / ZCTA

Population: 23,642

ZIP Code Tabulation Areas (ZCTAs) are Census approximations of USPS ZIP codes. Boundaries may differ slightly from postal delivery areas, and estimates for less-populated ZCTAs carry higher margins of error.

Data: U.S. Census Bureau, ACS 5-Year Estimates, 2023 (released December 2024).

Quick Facts — 98406

What is the median household income in 98406?
The median household income in 98406 is $104,761 (U.S. Census Bureau ACS 5-Year Estimates, 2023).
What is the poverty rate in 98406?
The poverty rate in 98406 is 2.6% (U.S. Census Bureau ACS 2023).
What is the median home value in 98406?
$594,100 (U.S. Census Bureau ACS 2023).
What is the average rent in 98406?
The median gross rent in 98406 is $1,677 per month (U.S. Census Bureau ACS 2023).
What percentage of 98406 residents have a college degree?
48.5% of adults in 98406 hold a bachelor's degree or higher (U.S. Census Bureau ACS 2023).
Population
23,642
Median Income
$104,761
Median Home Value
$594,100
Poverty Rate
2.6%
Unemployment (ACS 2023)
4.6%
Median Age
41.0 yrs
Since 2019 Median Income: +$22,650 (+27.6%) Home Value: +$242,800 (+69.1%) Poverty Rate: -0.2 pp (-7.1%) Bachelor's+: +2.7 pp (+5.9%) Unemployment: +1.3 pp (+39.4%)

Demographics

Total Population 23,642
Median Age 41.0
Female 51.3%
Race & Ethnicity
Hispanic or Latino 4.7% White (non-Hisp.) 76.7% Black 5.0% Asian 3.6% Two or More 11.1% Other 1.2%
Asian Subgroups (% of total pop.)
Vietnamese
1.1%
Filipino
0.6%
Korean
0.6%
Chinese
0.4%
Japanese
0.3%
Indian
0.1%
Hispanic Subgroups (% of total pop.)
Mexican
2.7%
Puerto Rican
0.4%
Cuban
0.1%

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

Income & Poverty

Median Household Income $104,761 ±$12,353
Per Capita Income $129,088
Median Family Income $147,511
Poverty Rate 2.6%
Child Poverty Rate 3.5%
Working-Age Poverty Rate
SNAP Recipients 9.3%
Social Security Income
Retirement Income 27.8%
Household Income Distribution
< $10k
2.6%
$10–15k
3.2%
$15–25k
4.1%
$25–35k
5.7%
$35–50k
9.3%
$50–75k
13.0%
$75–100k
9.3%
$100–150k
18.5%
$150–200k
15.4%
$200k+
18.8%

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

Housing

Total Housing Units 10,748
Owner-Occupied 63.7%
Renter-Occupied 36.3%
Vacancy Rate 5.6%
Median Home Value $594,100
Median Gross Rent $1,677
Owner Cost Burden (30%+) 18.4%
Renter Cost Burden (30%+) 43.0%
Home Value Distribution
< $50k
0.3%
$50–100k
0.6%
$100–200k
0.2%
$200–300k
3.2%
$300–500k
27.6%
$500k–$1M
62.2%
$1M+
4.5%
Gross Rent Distribution
< $500
2.2%
$500–1k
11.9%
$1–1.5k
26.6%
$1.5–2k
26.3%
$2–2.5k
13.7%
$2.5–3.5k
8.6%
$3.5k+
10.8%
Vehicle Availability
No vehicle
6.1%
1 vehicle
34.3%
2 vehicles
37.7%
3+
21.9%
Housing Type
Single-fam. det.
66.1%
Single-fam. att.
2.3%
2–4 units
1.5%
5–19 units
5.0%
20+ units
13.4%
Housing Age
Pre-1940
24.6%
1940–1969
10.7%
1970–1999
14.0%
2000–2009
4.1%
2010+
2.1%

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

Education

High School or Higher 95.5%
Bachelor's or Higher 48.5%
Graduate Degree 19.4%
Some College / Associate 19.7%
Less Than High School 0.9%
Enrolled in School

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

Employment

Labor Force Participation 66.1%
Unemployment Rate 4.6%
Work from Home 19.0%
Self-Employed 4.9%
Government Workers 23.0%
Private For-Profit 72.1%
Industry
Edu/Health
28.1%
Prof. Services
11.9%
Public Admin
9.1%
Transportation
8.7%
Retail
7.8%
Arts/Entmt.
6.7%
Finance
6.5%
Manufacturing
6.0%
Construction
5.8%
Wholesale
1.8%
Information
1.5%
Occupation
Management
50.2%
Food Prep
17.0%
Sales
16.0%
Production
10.3%
Construction
6.5%

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

Commute

Median Travel Time 26.7 min
Drove Alone 66.2%
Carpool 8.6%
Public Transit 2.2%
Work from Home 19.0%
Walked 2.5%
Bicycle

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

Households & Families

Total Households 10,150
Avg. Household Size 2.00
Avg. Family Size
Married-Couple Households 43.6%
Single-Mother Households
Single-Father Households
Living Alone
Households with Children 16.0%
Multigenerational

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

Age Distribution

Under 5
3.8%
5–9
4.0%
10–14
6.0%
15–19
4.6%
20–24
6.7%
25–34
16.1%
35–44
14.7%
45–54
12.4%
55–64
6.1%
65–74
6.1%
75–84
11.2%
85+
5.0%
Under 18: 16.5% Working age (18–64): 83.5% 65 and over: 19.3%

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

Social Characteristics

Immigration

Foreign Born 5.2%
Naturalized Citizen 72.8%
Speaks English Less Than Very Well 1.8%
Foreign-Born Origin
Asia
40.2%
Europe
27.9%
Latin America
14.7%
Africa
11.4%

Veterans & Disability

Veteran 9.1%
With a Disability 15.3%
Cognitive Difficulty
Ambulatory Difficulty

Health Insurance

Insured 94.5%
Uninsured 5.5%
Employer Insurance
Medicaid
Medicare

Technology & Mobility

Broadband Internet 89.4%
Has a Computer 93.4%
Same House 1 Year Ago 83.9%
Moved from Abroad 0.5%

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