homesbycounty

Housing decision brief

Pierce County, WA Housing Market

Pierce County screens as a higher purchase price, rent that needs comparison, a higher tax-rate signal market. Use the page as a decision brief, not just a price lookup, because local income, taxes, and data confidence change how affordable the county really is.

30th lowest home value out of 39 Washington counties with data | 36th lowest rent out of 39

Median home value

$484,400

Purchase-price signal from Census ACS.

Median rent

$1,722/mo

Gross rent, including utilities where reported.

Monthly owner cost

$1,957/mo

Owner costs before individual loan terms.

Decision snapshot

Read this county in four signals.

See the benchmark matrix

Buy screen

5.0x

Median home value divided by local household income.

Rent burden

31.0%

At or above the 30% burden threshold.

Rent vs own

$235/mo

Median rent screens below owner cost.

Data confidence

1 note

Crime coverage is partial, so safety comparisons need source context.

What Works

No signal

No strong positive housing signal was available in the current dataset.

What to Check

Tax rate needs attention

0.94% effective property-tax rate is 20% above Washington county median

Crime data coverage

Crime data coverage is partial. Treat zero or low crime rates as incomplete until you check the source coverage.

Best Fit For

  • No strong fit signal was available in the current dataset.

Poor Fit For

  • Anyone treating reported crime rates as complete without source context

County vs State vs National

The county number only matters after you see the benchmark. These comparisons show where Pierce County is genuinely cheap, where it is average, and where the hidden cost may be.

Swipe sideways to see state and national benchmarks.
MetricCountyStateU.S.Signal

Median home value

Lower usually helps affordability.

$484,400$370,500$281,900
31% pressure31% above Washington county median

Median gross rent

Lower usually helps affordability.

$1,722$1,119$1,163
54% pressure54% above Washington county median

Monthly owner cost

Lower usually helps affordability.

$1,957$1,221$1,672
60% pressure60% above Washington county median

Median household income

$96,632$71,528$74,755
35% favorable35% above Washington county median

Effective property-tax rate

Lower usually helps affordability.

0.94%0.79%1.02%
20% pressure20% above Washington county median

Rent burden

Lower usually helps affordability.

31.00%29.00%N/A
7% pressure31.00% of renter income goes to rent.

Income Fit

A low price only helps if local income can carry the monthly cost. This panel compares the county income base with rent and owner-cost thresholds.

Local median income$96,632
Income for median rent$68,880
Income for median owner cost$83,871

Rent cushion

+$27,752

Median income minus rent threshold.

Owner cushion

+$12,761

Median income minus owner-cost threshold.

Affordability Advisory

This turns the raw housing numbers into income and buy-versus-rent screens.

Affordability verdict

Pierce County is affordable for renters, with a median gross rent of $1,722/month representing approximately 21.4% of median household income. The rent burden (GRAPI) stands at 31.0%.

Rent vs own

At $1,722/month rent versus $1,957/month in owner costs, renting is roughly $235/month cheaper , a 12% difference.

Income needed

To afford the median rent without exceeding 30% of gross income, a household needs to earn approximately $68,880/year. For owner costs at the 28% rule, the required income is roughly $83,871/year. With a median household income of $96,632, most households can comfortably afford rent here. Notably, 31.0% of renter households in Pierce County are cost-burdened, spending more than 30% of income on housing.

Regional context

Within Washington, Pierce County is more affordable than Clark County by roughly 3% ($1,722/mo vs $1,668/mo).

Better Counties to Compare

Similar counties are matched on home value, rent, income, and state context. This is more useful than a simple nearest-price list.

CountyHome ValueRentWhy compare
Clark County, WA$487,900$1,668/moSame-state comparison near $487,900 home value and $1,668/mo rent.
Kitsap County, WA$505,700$1,741/moSame-state comparison near $505,700 home value and $1,741/mo rent.
Thurston County, WA$451,500$1,634/moSame-state comparison near $451,500 home value and $1,634/mo rent.
Island County, WA$535,300$1,631/moSame-state comparison near $535,300 home value and $1,631/mo rent.
Skagit County, WA$486,200$1,439/moSame-state comparison near $486,200 home value and $1,439/mo rent.

Housing Questions for Pierce County

Is Pierce County affordable for buying a home?
Pierce County has a home-value-to-income ratio of 5.0x. Values under 3.0x usually screen as more affordable, but taxes and local income still matter.
Is renting or owning cheaper in Pierce County?
Median rent is $1,722/mo and median monthly owner cost is $1,957/mo. On this screen, renting is cheaper before individual loan terms.
How much income do you need for housing in Pierce County?
To keep rent near 30% of income, the median rent implies about $68,880 in annual income. Using a 28% owner-cost screen, median owner costs imply about $83,871 in annual income.
What should I double-check before moving to Pierce County?
Double-check tax rate needs attention, crime data coverage. These items can change the real value of a low monthly housing cost.
By Evan Brooks, Data EditorUpdated Reviewed by Evan Brooks, Data Editor

Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.