HousingHandbookReference data

U.S. ZIP Code · WA98584

Mason County

Typical home value

$426,106[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-0.1%
5-year / yr
+3.5%
10-year / yr
+9.0%

Relative price

vs U.S.
+50.0%
vs metro
vs state
-15.3%
ZIP 98584 location in WA
Location of ZIP 98584 in WA

Price history

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

The typical home in 98584 is worth $426,106. Over the past year, values have fallen 0.1%. Homes here rent for a typical $1,663 a month — a 4.7% gross rental yield. 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
$1,663[2]
Gross yield
4.7%[2]
Cap rate
2.8%[2]

#Property tax

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

Effective tax rate
0.8%[3]
Typical annual tax
$3,221[3]

#Climate risk

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

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

#Who lives here

Population
40,606[3]
Median household income
$78,610[3]

#Migration

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

Net migration
+335[5]
Moved in
2,222
Moved out
1,887

Schools

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

Public schools
15
Elementary
6
Middle
3
High
6
  • Shelton High School

    High · Grades 9–12 · Shelton School District

    1,493 students

  • Mountain View Elementary

    Elementary · Grades PK–4 · Shelton School District

    647 students

  • Olympic Middle School

    Middle · Grades 5–6 · Shelton School District

    595 students

  • Oakland Bay Junior High School

    Middle · Grades 7–8 · Shelton School District

    550 students

  • Bordeaux Elementary School

    Elementary · Grades K–4 · Shelton School District

    514 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 yield4.7%
Net yield (after ~40% expenses)2.8%
Annual rent$19,956

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$2,155
Loan principal$340,885
Down payment$85,221
Total interest paid$434,779

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 ratio1.67
Monthly cost to own$2,780
Monthly rent$1,663

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
[1]
Rental yield
[2]
Property tax
[3]

Frequently asked

How much is a home worth in ZIP code 98584?
The typical home in 98584 is worth $426,106, based on the Zillow Home Value Index.
Are home values rising in 98584?
Home values in 98584 are down 0.1% over the past year, and up 3.5% a year over five years.
What is the typical rent in 98584?
A typical home in 98584 rents for about $1,663 a month, a gross rental yield of 4.7%.
What is the property tax rate in 98584?
The effective property tax rate in 98584 is 0.8% — roughly $3,221 a year on a typical home.
Who lives in 98584?
ZIP code 98584 has a population of 40,606 and a median household income of $78,610.

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