ZIP 98375 - 860Z200US98375 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 98375, located in the Puyallup area of Washington, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of over 32,000 and a robust median household income, this area presents a blend of suburban appeal and economic strength. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living or working in ZIP 98375.

Population & Households

ZIP 98375 is home to 32,195 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 10,399 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 10,761, indicating a slight surplus of available homes relative to occupied households. This could suggest opportunities for buyers or renters looking to settle in the area, as well as potential inventory for investors to consider.

Income & Housing Costs

One of the standout metrics for ZIP 98375 is its median household income of $109,972, which points to a financially stable and relatively affluent community. This income level supports a strong local economy, benefiting small businesses and attracting families seeking a comfortable lifestyle. On the housing front, the median home value is $471,900, reflecting a competitive real estate market that aligns with the area’s income profile. For renters, the median rent is $2,140 per month, which is on the higher side but consistent with the cost of living in a desirable suburban location like this one.

Race & Ethnicity

The demographic makeup of ZIP 98375 showcases a diverse community, which can be a draw for those seeking an inclusive environment. The racial composition includes 57.34% White, 7.81% Black, 6.08% Asian, and 13.06% Hispanic residents. This diversity enriches the cultural fabric of the area, offering a variety of perspectives and experiences. For businesses, this mix can translate into a broad customer base with varied needs and preferences, while families may appreciate the opportunity to engage with a multicultural neighborhood.

Key Facts

• Total population: 32,195 residents in ZIP 98375.
• Total households: 10,399, indicating a strong residential base.
• Total housing units: 10,761, with some availability for new occupants.
• Median household income: $109,972, suggesting economic stability.
• Median home value: $471,900, reflecting a competitive housing market.
• Median rent: $2,140, aligning with the area’s cost of living.
• Diverse population: 57.34% White, 13.06% Hispanic, 7.81% Black, 6.08% Asian.

What This Means for You

For homebuyers, ZIP 98375 offers a stable and prosperous community with a median home value of $471,900. The slightly higher number of housing units compared to households suggests there may be options to explore, though competition could be stiff given the area’s appeal. The high median income also indicates good schools and amenities, making it a family-friendly choice.

For investors and real estate agents, the data points to a strong market with potential for appreciation, given the income levels and home values. The rental market, with a median rent of $2,140, could also provide solid returns for those considering investment properties in ZIP 98375.

For small-business owners, the affluent and diverse population offers a promising customer base. With a median household income over $109,000, residents likely have disposable income to spend on local goods and services. The cultural diversity further allows for niche offerings tailored to varied tastes and needs.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing demand, and community growth in this part of Washington. The balance of income, housing costs, and diversity paints a picture of a dynamic and evolving area.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 98375? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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