HousingHandbookReference data

U.S. ZIP Code · WA98070

King County · Seattle-Tacoma-Bellevue, WA

Typical home value

$923,506[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.3%
5-year / yr
+2.6%
10-year / yr
+6.2%

Relative price

vs U.S.
+225.1%
vs metro
+34.6%
vs state
+83.5%
ZIP 98070 location in WA
Location of ZIP 98070 in WA

Price history

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

The typical home in 98070 is worth $923,506 — 34.6% above the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have fallen 3.3%. The effective property tax rate is 0.8%.

#Rent & investment

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

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$7,846[3]

#Climate risk

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

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

#Who lives here

Population
9,934[3]
Median household income
$120,571[3]

#Migration

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

Net migration
-1,324[5]
Moved in
67,282
Moved out
68,606

Schools

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

Public schools
5
Elementary
1
Middle
1
High
2
  • Vashon Island High School

    High · Grades 9–12 · Vashon Island School District

    513 students

  • Chautauqua Elementary

    Elementary · Grades PK–5 · Vashon Island School District

    487 students

  • McMurray Middle School

    Middle · Grades 6–8 · Vashon Island School District

    352 students

  • Family Link

    Other · Grades K–12 · Vashon Island School District

    73 students

  • Student Link

    High · Grades 9–12 · Vashon Island School District

    48 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.

Gross yield
Net yield (after ~40% expenses)
Annual rent

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.

Monthly payment$4,670
Loan principal$738,805
Down payment$184,701
Total interest paid$942,305

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.

Own : rent ratio
Monthly cost to own$6,093
Monthly rent

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
21st percentile[1]
Rental yield
[2]
Property tax
71st percentile[3]

Frequently asked

How much is a home worth in ZIP code 98070?
The typical home in 98070 is worth $923,506, based on the Zillow Home Value Index.
Are home values rising in 98070?
Home values in 98070 are down 3.3% over the past year, and up 2.6% a year over five years.
What is the property tax rate in 98070?
The effective property tax rate in 98070 is 0.8% — roughly $7,846 a year on a typical home.
Who lives in 98070?
ZIP code 98070 has a population of 9,934 and a median household income of $120,571.

#Comparable ZIPs

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

  • Seattle, WA

    Typical home
    $937,500
    Gross yield
    2.8%
  • Mukilteo, WA

    Typical home
    $938,859
    Gross yield
    2.9%
  • Ravensdale CDP, WA

    Typical home
    $906,139
    Gross yield
  • Maplewood CDP, WA

    Typical home
    $893,370
    Gross yield
    3.6%
  • Seattle, WA

    Typical home
    $957,351
    Gross yield
    2.7%
  • Renton, WA

    Typical home
    $883,851
    Gross yield
    3.0%

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