How much is a home worth in ZIP code 98021?

The typical home in 98021 is worth $1,152,982, based on the Zillow Home Value Index.

Are home values rising in 98021?

Home values in 98021 are down 4.2% over the past year, and up 6.1% a year over five years.

What is the typical rent in 98021?

A typical home in 98021 rents for about $2,830 a month, a gross rental yield of 2.9%.

What is the property tax rate in 98021?

The effective property tax rate in 98021 is 0.7% — roughly $8,342 a year on a typical home.

ZIP code 98021 has a population of 35,631 and a median household income of $183,786.

HousingHandbookReference data

…

U.S. ZIP Code · WA98021

Snohomish County · Seattle-Tacoma-Bellevue, WA

Typical home value

$1,152,982^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -4.2%
5-year / yr: +6.1%
10-year / yr: +8.4%

Relative price

vs U.S.: +305.9%
vs metro: +68.1%
vs state: +129.1%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 98021 is worth $1,152,982 — 68.1% above the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have fallen 4.2%. Homes here rent for a typical $2,830 a month — a 2.9% gross rental yield. The effective property tax rate is 0.7%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $2,830^[2]
Gross yield: 2.9%^[2]
Cap rate: 1.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 0.7%^[3]
Typical annual tax: $8,342^[3]

#Climate risk

FEMA National Risk Index ratings for Snohomish County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Moderate
Wildfire: Very Low
Drought: Very Low
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: Relatively High

#Who lives here

Population: 35,631^[3]
Median household income: $183,786^[3]

#Migration

Household moves in and out of Snohomish County over a year, from IRS tax-return data.

Net migration: +1,395^[5]
Moved in: 23,597
Moved out: 22,202

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 11
Elementary: 5
Middle: 2
High: 3

Skyview Middle School
Middle · Grades 6–8 · Northshore School District
1,158 students
Canyon Creek Elementary
Elementary · Grades PK–5 · Northshore School District
920 students
Canyon Park Middle School
Middle · Grades 6–8 · Northshore School District
904 students
Lockwood Elementary
Elementary · Grades PK–5 · Northshore School District
580 students
Frank Love Elementary
Elementary · Grades PK–5 · Northshore School District
513 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield2.9%

Net yield (after ~40% expenses)1.8%

Annual rent$33,961

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$5,830

Loan principal$922,386

Down payment$230,596

Total interest paid$1,176,452

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio2.64

Monthly cost to own$7,483

Monthly rent$2,830

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 96th percentile^[1]
Rental yield: 29th percentile^[2]
Property tax: 28th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98021?: The typical home in 98021 is worth $1,152,982, based on the Zillow Home Value Index.
Are home values rising in 98021?: Home values in 98021 are down 4.2% over the past year, and up 6.1% a year over five years.
What is the typical rent in 98021?: A typical home in 98021 rents for about $2,830 a month, a gross rental yield of 2.9%.
What is the property tax rate in 98021?: The effective property tax rate in 98021 is 0.7% — roughly $8,342 a year on a typical home.
Who lives in 98021?: ZIP code 98021 has a population of 35,631 and a median household income of $183,786.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

98177 vs 98021 →
Shoreline, WA
Typical home
$1,161,527
Gross yield
—
98020 vs 98021 →
Edmonds, WA
Typical home
$1,165,802
Gross yield
2.3%
98065
Snoqualmie, WA
Typical home
$1,123,771
Gross yield
3.1%
98029
Issaquah, WA
Typical home
$1,197,925
Gross yield
3.1%
98105
Seattle, WA
Typical home
$1,198,172
Gross yield
2.2%
98027
Mirrormont CDP, WA
Typical home
$1,209,396
Gross yield
2.6%

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

Compare ZIPs

Pit ZIP 98021 against any other ZIP — full side-by-side table.

Compare 98021 →

#Jump to section

U.S. ZIP Code · WA98021

Get more data on ZIPs like this

Get more data on ZIPs like this