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ZIP Code 98407

Pierce, Washington

ZCTA 98407

Juniper

ZIP Code 98407 is in the highest 32% nationally for FEMA risk score. It also sits in the highest 10% nationally for home price against income. And it sits in the highest 10% nationally for median rent.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$697,131

Higher than 88% of U.S. ZIP codes
Home Price Growth, Past Five Years

43%

Lower than 76% of U.S. ZIP codes
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

78.9

Higher than 68% of U.S. ZIP codes

The boundary of ZIP Code 98407, in Pierce, Washington.

The basics

Total Population

21,718

Median Age

46.2

Population Density

4,029.27

Home values & property tax

Median Property Tax

$6,182

Property Tax Rateyearly tax as a share of home value

0.94%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

5.95×

Higher than 90% of U.S. ZIP codes
Median Income

$110,288

Higher than 87% of U.S. ZIP codes
Median Rent

$1,909

Higher than 90% of U.S. ZIP codes

Home prices & appreciation

Home Price Growth, Past Year

3.1%

Near the U.S. ZIP codes median
Pandemic Price Run-Up2019–20 low → 2022–23 peak

43%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

29%

Climate & weather

Summer Avg High (°F)

73.6

Winter Avg Low (°F)

36.4

Avg Temperature (°F)

51.9

Hot Days/yr (>90°F)

1.9

Freezing Days/yr (<32°F)

21.4

Annual Precipitation (in)

45.5

Annual Snowfall (in)

0.3

Flood & disaster risk

Coastal Flood Loss per $1,000

$0.01

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

ZIP Code 98407: frequently asked questions

What is the typical home value in ZIP Code 98407?
The estimated median home value in ZIP Code 98407 today is $697,131, higher than 88% of U.S. ZIP codes.
How much is property tax in ZIP Code 98407?
The median annual property tax in ZIP Code 98407 is $6,182, an effective rate of 0.94% of home value.
Is ZIP Code 98407 expensive to live in?
Homes in ZIP Code 98407 cost about 5.95× the median household income, higher than 90% of U.S. ZIP codes.
What is the average rent in ZIP Code 98407?
The median gross rent in ZIP Code 98407 is $1,909 a month, higher than 90% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 98407?
Home prices in ZIP Code 98407 have moved 43% over the past five years (3.1% in the past year), per the FHFA House Price Index.
How many people live in ZIP Code 98407?
ZIP Code 98407 has a population of 21,718, about 4,029.27 people per square mile, per the U.S. Census American Community Survey. The median age is 46.2.
What is the weather like in ZIP Code 98407?
ZIP Code 98407 averages 51.9°F year-round, summer highs near 73.6°F, winter lows around 36.4°F (NOAA 1991–2020 normals). It sees about 0.3 inches of snow a year.
Is ZIP Code 98407 at risk of flooding or natural disasters?
ZIP Code 98407's FEMA National Risk Index score is 78.9 (higher than 68% of U.S. ZIP codes). Its greatest modeled natural hazard is earthquake. Expected annual loss from flooding is $0.01 per $1,000 of building value.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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