HousingHandbookReference data

U.S. ZIP Code · WA98579

Thurston County · Olympia-Lacey-Tumwater, WA

Typical home value

$521,564[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+1.7%
5-year / yr
+4.4%
10-year / yr
+8.4%

Relative price

vs U.S.
+83.6%
vs metro
≈ metro median
vs state
+3.7%
ZIP 98579 location in WA
Location of ZIP 98579 in WA

Price history

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

The typical home in 98579 is worth $521,564. Over the past year, values have risen 1.7%. 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]
Gross yield
[2]
Cap rate
[2]

#Property tax

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

Effective tax rate
0.7%[3]
Typical annual tax
$3,811[3]

#Climate risk

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

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

#Who lives here

Population
14,048[3]
Median household income
$99,411[3]

#Migration

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

Net migration
+1,142[5]
Moved in
11,109
Moved out
9,967

Schools

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

Public schools
5
Elementary
2
Middle
1
High
2
  • Rochester High School

    High · Grades 9–12 · Rochester School District

    600 students

  • Grand Mound Elementary

    Elementary · Grades 3–5 · Rochester School District

    512 students

  • Rochester Primary School

    Elementary · Grades PK–2 · Rochester School District

    505 students

  • Rochester Middle School

    Middle · Grades 6–8 · Rochester School District

    494 students

  • H.e.a.r.t. High School

    High · Grades 9–12 · Rochester School District

    33 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$2,637
Loan principal$417,251
Down payment$104,313
Total interest paid$532,181

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$3,389
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
82nd percentile[1]
Rental yield
[2]
Property tax
0th percentile[3]

Frequently asked

How much is a home worth in ZIP code 98579?
The typical home in 98579 is worth $521,564, based on the Zillow Home Value Index.
Are home values rising in 98579?
Home values in 98579 are up 1.7% over the past year, and up 4.4% a year over five years.
What is the property tax rate in 98579?
The effective property tax rate in 98579 is 0.7% — roughly $3,811 a year on a typical home.
Who lives in 98579?
ZIP code 98579 has a population of 14,048 and a median household income of $99,411.

#Comparable ZIPs

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

  • Rainier, WA

    Typical home
    $521,529
    Gross yield
  • Tenino, WA

    Typical home
    $517,907
    Gross yield
  • Nisqually Indian Community CDP, WA

    Typical home
    $510,523
    Gross yield
    5.5%
  • Olympia, WA

    Typical home
    $547,044
    Gross yield
    3.9%
  • Lacey, WA

    Typical home
    $491,823
    Gross yield
    4.8%
  • Tumwater, WA

    Typical home
    $553,037
    Gross yield
    4.0%

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