98547, Grayland, WA

The 98547 zip code of Grayland, WA is located in the northwestern part of the state and has a population of just over 2,000. The median household income in this zip code is just over $50,000, which is significantly higher than the statewide median household income of $53,046. However, despite this high median income, home prices in this zip code are considerably lower than the statewide average home price of $378,500.

One reason for this discrepancy may be that Grayland is not as affluent as some other parts of Washington. In fact, according to data from Zillow®, Grayland ranks as one of the most affordable places to live in Washington. This affordability may be due in part to low home prices and high levels of home equity – homeowners in Grayland have an average equity value (the value of their homes minus any outstanding mortgages)of just over $100,000.

Despite these low home prices relative to statewide averages, there are still a number of homes for sale in the 98547 zip code. This suggests that buyers who are looking for properties within this area will find something they like – even if it’s not quite as expensive as properties elsewhere in the state.