Tacoma, WA — income, home value, property tax, and sales tax.
In Tacoma's 98402, households earn a median of $60,505, while per-capita income reaches $49,089. A median home value of $531,300 stands well above what that income would normally support, so buyers here often carry larger mortgages or have accumulated equity. Pierce County's 0.91% effective property tax rate applies to that value, adding several thousand dollars a year in taxes. At 10.50%, the combined sales tax is among Washington's higher rates, taking a noticeable bite out of everyday purchases. Together, housing costs and consumption taxes shape the budget more than income taxes do.
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