All Countries
Lake Tapps, WA
Full City Profile · Washington · Pierce County County
3.6
/5.0
B+
Good
12,360
Population
1,007/sq mi density
$145,250
Median Income
$73,275 per capita
$693,300
Home Value
$671,859 Zillow
$2,004
Median Rent
16.5% income on rent
51°F
Avg Temperature
240 sunny days/yr
108
Violent Crime/100K
2,759 property/100K
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
5.0 / 5.0
$145,250 median income, 1.9% unemployment
B+
Affordability
4.0 / 5.0
$693,300 home value, $2,004/mo rent
F
Safety
1.0 / 5.0
108 violent crimes/100K
A
Education
4.3 / 5.0
41.4% bachelor's degree or higher
Housing Overview
Median Home Value
$693,300
146% above
US avg: $281,900
Median Rent
$2,004/mo
72% above
US avg: $1,163/mo
Homeownership Rate
90.7%
39% above US avg (65.4%)
Total Housing Units
4,678
Median year built: 1988
Home Value by Source
Census Median
$693,300
Zillow (ZHVI)
$671,859
Median Sale Price
$765,000
Median List Price
$952,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
90.7%
Owner-Occupied
9.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,082/mo
1 Bedroom
$1,180/mo
2 Bedroom
$1,472/mo
3 Bedroom
$2,003/mo
4 Bedroom
$2,351/mo
Census median rent:
$2,004/mo
Market Indicators (Redfin)
Median Days on Market
74 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
27.6%
of listings with price reduction
Price Per Sq Ft
$326
Active Inventory
29
homes for sale
Affordability & Housing Stock
Rent Burden
16.5%
of renters spending 30%+ of income on housing
47% below US avg (31.0%)
Median Year Built
1988
Average age of housing stock: 38 years
Homeownership Rate
90.7%
Complete Housing Data
Home Values
| Census Median Value | $693,300 |
| Zillow Home Value (ZHVI) | $671,859 |
| Median Sale Price | $765,000 |
| Median List Price | $952,000 |
| Price Per Sq Ft | $326 |
Rent
| Census Median Rent | $2,004 |
| FMR Studio | $1,082 |
| FMR 1-Bedroom | $1,180 |
| FMR 2-Bedroom | $1,472 |
| FMR 3-Bedroom | $2,003 |
| FMR 4-Bedroom | $2,351 |
Market
| Days on Market | 74 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 27.6% |
| Homes Sold | 7 |
| Active Inventory | 29 |
| Price Per Sq Ft | $326 |
Ownership & Stock
| Owner-Occupied | 90.7% |
| Renter-Occupied | 9.3% |
| Homeownership Rate | 90.7% |
| Total Housing Units | 4,678 |
| Median Year Built | 1988 |
| Rent Burden | 16.5% |