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Yelm city, WA

ZIP 98597 — 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 98597

Median Home Value
$423,200
Median Rent
$1,244
Affordability Snapshot
$117,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$2,719/mo PITI).

16%
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.

28.3 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 98597 in Yelm city, WA, a household would need roughly $117,000 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 $2,719. That is about 27% above the local median household income ($92,120), 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
80.4%+23% vs US avg
x
Vacancy Rate
6.2%-40% vs US avg
x
Broadband Access
92.5%+6% vs US avg
x
4+ Bedrooms
3.8%-74% vs US avg
x
Built Pre-1939
0.7%-95% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
14.3%-71% vs US avg
x
Mortgage-Free
20.4%-46% vs US avg
x
$423,200
Home Value
$1,244
Rent
1998
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 detached78.7%
  • 1-unit attached1.1%
  • 2-9 units4.2%
  • 10+ units2.2%
  • Mobile home & other13.8%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$423,200
Median rent$1,244
Owner-occupied80.4%
Vacant6.2%
Price-to-income4.6x
Est. income to buy$117,000