Tacoma, WA — income, home value, property tax, and sales tax.
In ZIP code 98416, part of Tacoma, per-capita income stands at $5,440, so everyday costs weigh heavily on local households. The county-level effective property tax rate is 0.91%, meaning a home's assessed value translates into a yearly bill at just under one percent. Combined with a sales tax rate of 10.50%, purchases carry a noticeable premium on top of the sticker price. Together these two taxes shape the cost picture here: income is limited, property taxes stay below one percent of value, and sales taxes take a sizable cut of each transaction.