ZIP Code 98505

In ZIP code 98505, near Olympia, per-capita income stands at $8,924, a figure that shapes how far a paycheck stretches toward housing. The county-level effective property tax rate is 0.88%, so a home's assessed value drives the annual bill directly — a $300,000 assessment would owe roughly $2,640 yearly, though the data here doesn't specify local home values. Combined with an 8.40% sales tax on purchases, everyday costs add up quickly against that income level. Buyers weighing a move here should compare expected property taxes against earnings before committing, since both the tax rate and sales tax draw on the same limited resources.