ZIP Code 98040

Households in ZIP code 98040, near Seattle, report a median income of $219,069, with per-capita income at $128,615. The median home value reaches $2,000,001, and county property taxes run at an effective rate of 0.83%. Sales tax combines to 10.30%. High earnings accompany steep housing costs, so property taxes on a median-value home amount to a substantial annual sum despite the sub-1% rate. Day-to-day purchases carry the 10.30% sales tax. Together, income, home prices, and both tax rates shape a costly overall picture in this ZIP.