How much is a home worth in ZIP code 98390?

The typical home in 98390 is worth $610,928, based on the Zillow Home Value Index.

Are home values rising in 98390?

Home values in 98390 are up 0.2% over the past year, and up 3.4% a year over five years.

What is the typical rent in 98390?

A typical home in 98390 rents for about $2,120 a month, a gross rental yield of 4.2%.

What is the property tax rate in 98390?

The effective property tax rate in 98390 is 0.9% — roughly $5,568 a year on a typical home.

ZIP code 98390 has a population of 11,546 and a median household income of $97,795.

HousingHandbookReference data

…

U.S. ZIP Code · WA98390

Pierce County · Seattle-Tacoma-Bellevue, WA

Typical home value

$610,928^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +0.2%
5-year / yr: +3.4%
10-year / yr: +7.5%

Relative price

vs U.S.: +115.1%
vs metro: -11.0%
vs state: +21.4%

Price history

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

The typical home in 98390 is worth $610,928 — 11.0% below the Seattle-Tacoma-Bellevue, WA median. Over the past year, values have risen 0.2%. Homes here rent for a typical $2,120 a month — a 4.2% 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: $2,120^[2]
Gross yield: 4.2%^[2]
Cap rate: 2.5%^[2]

#Property tax

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

Effective tax rate: 0.9%^[3]
Typical annual tax: $5,568^[3]

#Climate risk

FEMA National Risk Index ratings for Pierce 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: Relatively Low
Drought: Very Low
Heat wave: Relatively High
Hurricane: Not Applicable
Tornado: Relatively Low
Earthquake: Relatively High
Winter weather: Relatively Moderate

#Who lives here

Population: 11,546^[3]
Median household income: $97,795^[3]

#Migration

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

Net migration: +1,117^[5]
Moved in: 28,662
Moved out: 27,545

Schools

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

Public schools: 10
Elementary: 6
Middle: 2
High: 1

Sumner High School
High · Grades 9–12 · Sumner-Bonney Lake School District
1,866 students
Mountain View Middle School
Middle · Grades 6–8 · Sumner-Bonney Lake School District
870 students
Sumner Middle School
Middle · Grades 6–8 · Sumner-Bonney Lake School District
697 students
Maple Lawn Elementary
Elementary · Grades PK–5 · Sumner-Bonney Lake School District
603 students
Emerald Hills Elementary
Elementary · Grades K–5 · Sumner-Bonney Lake School District
548 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 yield4.2%

Net yield (after ~40% expenses)2.5%

Annual rent$25,443

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$3,089

Loan principal$488,742

Down payment$122,186

Total interest paid$623,364

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 ratio1.92

Monthly cost to own$4,062

Monthly rent$2,120

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: 46th percentile^[1]
Rental yield: 76th percentile^[2]
Property tax: 91st percentile^[3]

Frequently asked

How much is a home worth in ZIP code 98390?: The typical home in 98390 is worth $610,928, based on the Zillow Home Value Index.
Are home values rising in 98390?: Home values in 98390 are up 0.2% over the past year, and up 3.4% a year over five years.
What is the typical rent in 98390?: A typical home in 98390 rents for about $2,120 a month, a gross rental yield of 4.2%.
What is the property tax rate in 98390?: The effective property tax rate in 98390 is 0.9% — roughly $5,568 a year on a typical home.
Who lives in 98390?: ZIP code 98390 has a population of 11,546 and a median household income of $97,795.

#Comparable ZIPs

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

98329 vs 98390 →
Key Center CDP, WA
Typical home
$608,512
Gross yield
—
98148 vs 98390 →
Burien, WA
Typical home
$615,646
Gross yield
3.6%
98198
Des Moines, WA
Typical home
$601,821
Gross yield
4.0%
98406
Tacoma, WA
Typical home
$620,149
Gross yield
3.5%
98023
Federal Way, WA
Typical home
$622,819
Gross yield
3.8%
98351
Longbranch CDP, WA
Typical home
$623,183
Gross yield
—

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#Jump to section

U.S. ZIP Code · WA98390

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