HousingHandbookReference data

U.S. ZIP Code · WA98092

King County · Seattle-Tacoma-Bellevue, WA

Typical home value

$682,285[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-1.4%
5-year / yr
+3.9%
10-year / yr
+6.9%

Relative price

vs U.S.
+140.2%
vs metro
≈ metro median
vs state
+35.6%
ZIP 98092 location in WA
Location of ZIP 98092 in WA

Price history

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

The typical home in 98092 is worth $682,285. Over the past year, values have fallen 1.4%. Homes here rent for a typical $1,964 a month — a 3.5% gross rental yield. The effective property tax rate is 0.9%.

#Rent & investment

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

Monthly rent
$1,964[2]
Gross yield
3.5%[2]
Cap rate
2.1%[2]

#Property tax

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

Effective tax rate
0.9%[3]
Typical annual tax
$6,401[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
50,224[3]
Median household income
$122,300[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
12
Elementary
8
Middle
1
High
2
  • Auburn Riverside High School

    High · Grades 9–12 · Auburn School District

    1,884 students

  • Auburn Mountainview High School

    High · Grades 9–12 · Auburn School District

    1,611 students

  • Rainier Middle School

    Middle · Grades 6–8 · Auburn School District

    944 students

  • Willow Crest Elementary

    Elementary · Grades PK–5 · Auburn School District

    607 students

  • Lea Hill Elementary School

    Elementary · Grades PK–5 · Auburn School District

    599 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 yield3.5%
Net yield (after ~40% expenses)2.1%
Annual rent$23,571

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$3,450
Loan principal$545,828
Down payment$136,457
Total interest paid$696,174

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 ratio2.32
Monthly cost to own$4,553
Monthly rent$1,964

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
58th percentile[1]
Rental yield
44th percentile[2]
Property tax
93rd percentile[3]

Frequently asked

How much is a home worth in ZIP code 98092?
The typical home in 98092 is worth $682,285, based on the Zillow Home Value Index.
Are home values rising in 98092?
Home values in 98092 are down 1.4% over the past year, and up 3.9% a year over five years.
What is the typical rent in 98092?
A typical home in 98092 rents for about $1,964 a month, a gross rental yield of 3.5%.
What is the property tax rate in 98092?
The effective property tax rate in 98092 is 0.9% — roughly $6,401 a year on a typical home.
Who lives in 98092?
ZIP code 98092 has a population of 50,224 and a median household income of $122,300.

#Comparable ZIPs

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

  • Tacoma, WA

    Typical home
    $683,201
    Gross yield
    3.9%
  • Kent, WA

    Typical home
    $680,519
    Gross yield
    3.7%
  • Enumclaw, WA

    Typical home
    $684,861
    Gross yield
    3.9%
  • University Place, WA

    Typical home
    $685,961
    Gross yield
    3.2%
  • Lake Tapps CDP, WA

    Typical home
    $686,166
    Gross yield
    5.0%
  • Seattle, WA

    Typical home
    $676,373
    Gross yield
    4.1%

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