ZIP Code 98405

In Tacoma's 98405 ZIP code, a median home value of $464,700 meets an effective property tax rate of 0.91%, producing an annual tax bill near $4,229. With median household income at $75,946, that bill absorbs roughly 5.6% of a household's yearly earnings before any mortgage payment. Per-capita income sits lower, at $41,401, so single earners may feel the squeeze more sharply. Add a combined sales tax rate of 10.50% on everyday purchases, and the overall cost of living here climbs further, narrowing what buyers can set aside for a down payment or monthly loan costs.