U.S. ZIP Code · WA98589
Thurston County · Olympia-Lacey-Tumwater, WA
Appreciation
- 1-year
- +1.2%
- 5-year / yr
- +4.0%
- 10-year / yr
- +8.2%
Relative price
- vs U.S.
- +82.3%
- vs metro
- ≈ metro median
- vs state
- +2.9%
Price history
Zillow Home Value Index — monthly, smoothed and seasonally adjusted.
The typical home in 98589 is worth $517,907. Over the past year, values have risen 1.2%. The effective property tax rate is 0.8%.
#Rent & investment
Typical asking rent, and the returns it implies at the current home value.
#Property tax
Effective rate — total real estate taxes paid relative to total home value.
#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
#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
- 4
- Elementary
- 2
- Middle
- 1
- High
- 1
Tenino High School
High · Grades 9–12 · Tenino School District
386 students
Parkside Elementary
Elementary · Grades PK–2 · Tenino School District
314 students
Tenino Middle School
Middle · Grades 6–8 · Tenino School District
311 students
Tenino Elementary School
Elementary · Grades 3–5 · Tenino School District
274 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 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.
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.
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.
Frequently asked
- How much is a home worth in ZIP code 98589?
- The typical home in 98589 is worth $517,907, based on the Zillow Home Value Index.
- Are home values rising in 98589?
- Home values in 98589 are up 1.2% over the past year, and up 4.0% a year over five years.
- What is the property tax rate in 98589?
- The effective property tax rate in 98589 is 0.8% — roughly $4,052 a year on a typical home.
- Who lives in 98589?
- ZIP code 98589 has a population of 7,010 and a median household income of $83,855.
#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
- —
Rochester CDP, WA
- Typical home
- $521,564
- Gross yield
- —
Nisqually Indian Community CDP, WA
- Typical home
- $510,523
- Gross yield
- 5.5%
Lacey, WA
- Typical home
- $491,823
- Gross yield
- 4.8%
Yelm, WA
- Typical home
- $490,090
- Gross yield
- 5.8%
Olympia, WA
- Typical home
- $547,044
- Gross yield
- 3.9%
Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →
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Pit ZIP 98589 against any other ZIP — full side-by-side table.
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