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Everett city, WA

ZIP 98204 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Middle ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98204

Median Home Value
$386,300
Median Rent
$1,617
Affordability Snapshot
$106,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,481/mo PITI).

29%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

5.8x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

19.9 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 98204 in Everett city, WA, a household would need roughly $106,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $2,481. That is about 59% above the local median household income ($66,592), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Diverse housing tenure.

Heating Fuel
Housing Metrics
Owner Occupied
35.1%-46% vs US avg
x
Vacancy Rate
6.0%-41% vs US avg
x
Broadband Access
90.2%+4% vs US avg
x
4+ Bedrooms
0.8%-95% vs US avg
x
Built Pre-1939
0.6%-95% vs US avg
x
Built Post-2014
1.7%-75% vs US avg
x
Rent Burden >30%
24.6%-50% vs US avg
x
Mortgage-Free
28.0%-27% vs US avg
x
$386,300
Home Value
$1,617
Rent
1989
Year Built
2018
Moved In

Residents have lived here since ~2018 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached20.8%
  • 1-unit attached9.5%
  • 2-9 units18.8%
  • 10+ units45.3%
  • Mobile home & other5.6%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$386,300
Median rent$1,617
Owner-occupied35.1%
Vacant6.0%
Price-to-income5.8x
Est. income to buy$106,000