ZIP Code 98261

In ZIP code 98261, near Blakely Island, homes carry a median value of $787,800, yet the county-level effective property tax rate is just 0.53%. That combination yields an annual tax bill well below what many higher-rate areas demand on comparable property. Households here earn a median of $80,119, with per-capita income at $50,406 — figures that sit far under the home prices, making ownership a stretch on local wages alone. A combined sales tax of 8.35% adds further cost to daily purchases, tightening the gap between what residents bring in and what living in this market requires.