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Ridgefield city, WA

ZIP 98642 — Housing & Real Estate

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

Upper Middle ClassLow Snow AreaRemote Work Hub

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 98642

Median Home Value
$622,800
Median Rent
$1,864
Affordability Snapshot
$171,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$4,001/mo PITI).

19%
Rent-to-Income Ratio

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

5.2x
Home Price-to-Income Ratio

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

27.8 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 98642 in Ridgefield city, WA, a household would need roughly $171,000 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 $4,001. That is about 43% above the local median household income ($119,316), 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
85.0%+30% vs US avg
x
Vacancy Rate
5.2%-50% vs US avg
x
Broadband Access
95.3%+10% vs US avg
x
4+ Bedrooms
10.1%-32% vs US avg
x
Built Pre-1939
1.9%-85% vs US avg
x
Built Post-2014
9.7%+40% vs US avg
x
Rent Burden >30%
18.6%-62% vs US avg
x
Mortgage-Free
30.8%-19% vs US avg
x
$622,800
Home Value
$1,864
Rent
2003
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

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

  • 1-unit detached81.2%
  • 1-unit attached7.9%
  • 2-9 units3.4%
  • 10+ units2.5%
  • Mobile home & other5.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$622,800
Median rent$1,864
Owner-occupied85.0%
Vacant5.2%
Price-to-income5.2x
Est. income to buy$171,000