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Parkland CDP, WA

ZIP 98445 — 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 98445

Median Home Value
$413,200
Median Rent
$1,602
Affordability Snapshot
$114,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,654/mo PITI).

21%
Rent-to-Income Ratio

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

4.6x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

21.5 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 98445 in Parkland CDP, WA, a household would need roughly $114,000 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 $2,654. That is about 27% above the local median household income ($90,063), 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

Owner-occupied majority; balanced tenure mix.

Heating Fuel
Housing Metrics
Owner Occupied
69.7%+7% vs US avg
x
Vacancy Rate
3.6%-65% vs US avg
x
Broadband Access
95.5%+10% vs US avg
x
4+ Bedrooms
3.5%-76% vs US avg
x
Built Pre-1939
2.6%-80% vs US avg
x
Built Post-2014
0.2%-97% vs US avg
x
Rent Burden >30%
31.0%-38% vs US avg
x
Mortgage-Free
25.9%-32% vs US avg
x
$413,200
Home Value
$1,602
Rent
1987
Year Built
2014
Moved In

Residents have lived here since ~2014 on average

Housing Structure

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

  • 1-unit detached70.3%
  • 1-unit attached6.6%
  • 2-9 units7.4%
  • 10+ units10.4%
  • Mobile home & other5.4%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$413,200
Median rent$1,602
Owner-occupied69.7%
Vacant3.6%
Price-to-income4.6x
Est. income to buy$114,000