Latest available · Census ACS 5-Year (2024)
What Is the Median Home Value in ZCTA5 98116, Washington?
ZIP code · Census ACS 5-Year estimates
The median home value in ZCTA5 98116, Washington (ZIP 98116) is $973,400 (±$41,846), based on Census ACS 5-Year estimates (2024). The median gross rent is $2,075/month, and the median household income is $126,151/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 98116
| Metric | Value |
|---|---|
| Median Home Value | $973,400 |
| Median Gross Rent | $2,075 |
| Median Household Income | $126,151 |
| Total Housing Units | 14,051 |
| Renter-Occupied Units | 7,067 |
| Renter-Occupied Share | 50% |
How does ZIP 98116 compare?
Median home value ranked against all ZIP codes in Washington.
Higher home value than 94% of ZIP codes in Washington · 33th of 544
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 98050 | $2,000,001 |
| 1 | ZCTA5 98039 | $2,000,001 |
| 1 | ZCTA5 98040 | $2,000,001 |
| … 29 more … | ||
| 33 | ZCTA5 98116(you are here) | $973,400 |
| … 508 more … | ||
| 542 | ZCTA5 99149 | $49,500 |
| 543 | ZCTA5 99105 | $46,500 |
| 544 | ZCTA5 99160 | $9,999 |
More data for ZIP 98116
Frequently asked questions
What is the median home value in ZCTA5 98116, Washington?
The median home value in ZCTA5 98116, Washington (ZIP 98116) is $973,400, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent in ZCTA5 98116, Washington?
The median gross rent in ZCTA5 98116, Washington (ZIP 98116) is $2,075/month, based on Census ACS 5-Year estimates (2024).
What is the median household income in ZCTA5 98116, Washington?
The median household income in ZCTA5 98116, Washington is $126,151/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $973,400 has a margin of error of ±$41,846. In very small areas, MOEs can be large relative to the estimate.
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