How much is a home worth in ZIP code 99338?

The typical home in 99338 is worth $560,847, based on the Zillow Home Value Index.

Are home values rising in 99338?

Home values in 99338 are down 0.1% over the past year, and up 4.3% a year over five years.

What is the typical rent in 99338?

A typical home in 99338 rents for about $1,754 a month, a gross rental yield of 3.8%.

What is the property tax rate in 99338?

The effective property tax rate in 99338 is 0.7% — roughly $4,147 a year on a typical home.

ZIP code 99338 has a population of 20,633 and a median household income of $111,042.

HousingHandbookReference data

…

U.S. ZIP Code · WA99338

Benton County · Kennewick-Richland, WA

Typical home value

$560,847^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.1%
5-year / yr: +4.3%
10-year / yr: +6.7%

Relative price

vs U.S.: +97.4%
vs metro: +30.1%
vs state: +11.5%

Price history

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

The typical home in 99338 is worth $560,847 — 30.1% above the Kennewick-Richland, WA median. Over the past year, values have fallen 0.1%. Homes here rent for a typical $1,754 a month — a 3.8% gross rental yield. 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: $1,754^[2]
Gross yield: 3.8%^[2]
Cap rate: 2.3%^[2]

#Property tax

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

Effective tax rate: 0.7%^[3]
Typical annual tax: $4,147^[3]

#Climate risk

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

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

#Who lives here

Population: 20,633^[3]
Median household income: $111,042^[3]

#Migration

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

Net migration: +508^[5]
Moved in: 6,117
Moved out: 5,609

Schools

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

Public schools: 11
Elementary: 5
Middle: 2
High: 3

Southridge High School
High · Grades 9–12 · Kennewick School District
1,643 students
Chinook Middle School
Middle · Grades 6–8 · Kennewick School District
919 students
Desert Hills Middle School
Middle · Grades 6–8 · Kennewick School District
897 students
Sage Crest Elementary
Elementary · Grades K–5 · Kennewick School District
649 students
Fuerza Elementary
Elementary · Grades PK–5 · Kennewick School District
588 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 yield3.8%

Net yield (after ~40% expenses)2.3%

Annual rent$21,042

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$2,836

Loan principal$448,678

Down payment$112,169

Total interest paid$572,264

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 ratio2.08

Monthly cost to own$3,649

Monthly rent$1,754

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: 17th percentile^[1]
Rental yield: 0th percentile^[2]
Property tax: 33rd percentile^[3]

Frequently asked

How much is a home worth in ZIP code 99338?: The typical home in 99338 is worth $560,847, based on the Zillow Home Value Index.
Are home values rising in 99338?: Home values in 99338 are down 0.1% over the past year, and up 4.3% a year over five years.
What is the typical rent in 99338?: A typical home in 99338 rents for about $1,754 a month, a gross rental yield of 3.8%.
What is the property tax rate in 99338?: The effective property tax rate in 99338 is 0.7% — roughly $4,147 a year on a typical home.
Who lives in 99338?: ZIP code 99338 has a population of 20,633 and a median household income of $111,042.

#Comparable ZIPs

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

99343 vs 99338 →
Basin City CDP, WA
Typical home
$571,731
Gross yield
—
99352 vs 99338 →
Richland, WA
Typical home
$502,876
Gross yield
4.3%
99353
West Richland, WA
Typical home
$498,226
Gross yield
4.8%
99337
Finley CDP, WA
Typical home
$435,186
Gross yield
5.3%
99320
West Richland, WA
Typical home
$431,002
Gross yield
—
99354
Richland, WA
Typical home
$421,545
Gross yield
4.3%

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Pit ZIP 99338 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · WA99338

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