Living in Tacoma, Washington

Cost of living, income, home prices, rent and demographics of Tacoma · Census data 2020–2024

Tacoma has 222,758 residents with a median age of 37.2. The median household income is $85,884 (12% lower than the Washington median), the median home value is $479,600, the median rent is $1,676/month.

Tacoma at a glance

Population
222,758
Median age
37.2State: 38.3
Median household income
$85,884State: $98,141
Median home value
$479,600State: $564,600
Median rent
$1,676/moState: $1,760
Homeowners
55.8%
Bachelor's degree or higher
34.5%
Average commute
29 min

Is Tacoma a good place to live?

Pros: Home values 15% lower than the state median.

Cons: Median household income 12% lower than the Washington median; an average commute of 29 minutes; unemployment of 5.6%; a poverty rate of 12.4%.

The weather is best in June to September.

Cost of living in Tacoma

Housing is the biggest part of the cost of living. In Tacoma the median home value is $479,600, 44% higher than the U.S. median. Renters pay a median of $1,676 per month, which is 32.4% of household income. Homeowners with a mortgage pay $2,303 a month in housing costs.

Median home value

Tacoma$479,600
Washington$564,600
United States$332,700

Median monthly rent

Tacoma$1,676
Washington$1,760
United States$1,413

Tacoma median household income

The median household income in Tacoma is $85,884 and the income per person is $45,650. 12.4% of residents live below the poverty line (Washington: 9.9%).

Median household income

Tacoma$85,884
Washington$98,141
United States$80,734

Housing in Tacoma: homes for sale and rent

Housing units
97,298
Owner-occupied
55.8%
Renter-occupied
44.2%
Vacant
4.4%Includes seasonal homes
Median year built
1967
Average household size
2.33

Tacoma demographics

Population
222,758
Median age
37.2
Under 18
19.8%
65 and older
15%
Households
93,033
Foreign-born
12.6%
Veterans
8.9%Adults 18+

Race and ethnicity

White58.2%
Hispanic or Latino13.8%
Black9.8%
Asian9.6%

Hispanic or Latino can be of any race. Population history of Tacoma ›

Education in Tacoma

34.5% of adults 25 and older in Tacoma have a bachelor's degree or higher (Washington: 39.6%), and 13.2% have a graduate or professional degree.

Bachelor's degree or higher

Tacoma34.5%
Washington39.6%
United States35.7%

Jobs and commute in Tacoma

Unemployment rate
5.6%State: 5.1%
Average commute
29 minState: 27 min
Work from home
15.7%
Drive alone
66%
Public transit
3.9%
Walk to work
2.7%
Homes with broadband
92.8%

Tacoma vs nearby towns

TownPopulationMedian incomeHome valueRent
Tacoma222,758$85,884$479,600$1,676
Fircrest7,069$113,926$583,500$1,554
Browns Point979$96,875$795,500$2,025
Ruston1,245$116,331$912,700$2,598
Dash Point889$130,234$890,500—
University Place34,911$99,031$624,800$1,762
Fife10,949$90,532$543,100$1,889
Fife Heights1,446$157,292$712,400$2,542
Waller7,683$101,490$512,200$1,787

More for people moving to Tacoma

Tacoma ZIP code ›Weather and climate ›

Living in Tacoma: FAQ

What is the median household income in Tacoma, WA?

The median household income in Tacoma is $85,884, 12% lower than the Washington median of $98,141 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

What is the average home price in Tacoma?

The median home value in Tacoma is $479,600, compared with $564,600 in Washington.

How much is rent in Tacoma?

The median gross rent in Tacoma is $1,676 per month, about 32.4% of household income.

Is Tacoma, WA a good place to live?

Pluses: home values 15% lower than the state median. Minuses: median household income 12% lower than the Washington median; an average commute of 29 minutes; unemployment of 5.6%; a poverty rate of 12.4%.

What is the median age in Tacoma?

The median age in Tacoma is 37.2 years (Washington: 38.3).

How long is the commute in Tacoma?

The average commute to work in Tacoma is 29 minutes; 15.7% of workers work from home.

What is the unemployment rate in Tacoma?

The unemployment rate in Tacoma is 5.6% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Tacoma?

34.5% of adults in Tacoma have a bachelor's degree or higher.

Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.

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