ZIP Code 98045

In ZIP code 98045, near Seattle, homes carry a median value of $938,500, and the county-level effective property tax rate of 0.83% translates to roughly $7,790 in annual taxes on such a home. Households here earn a median of $175,765, with per-capita income at $80,541, so that tax bill amounts to about 4.4% of median household earnings. Combined with a 9.20% sales tax rate, carrying costs in this area stay high, and buyers weighing a purchase should account for both the steep entry price and the ongoing levy tied to it.