98571, Pacific Beach, WA

The 98571 zip code of Pacific Beach, WA is located in the northwest corner of the city and has a population of about 10,000. The median home value in this zip code is $527,500 and the median home equity is $187,500. The percentage of homes that are owner-occupied is about 68%, while the percentage of homes that are rented is about 32%.

Pacific Beach has been a popular tourist destination for decades and its popularity has led to an increase in home prices. In fact, according to Zillow, the average home value in Pacific Beach has increased by more than 30% since 2007. This rapid appreciation has had a significant impact on homeowners in this zip code. According to Zillow’s Home Value Index, homeowners in Pacific Beach have seen their home equity grow by an average of 72% since 2007.

While many homeowners have benefited from the increasing values in Pacific Beach, not all residents have been able to benefit equally. In particular, low-income households have seen their wealth decline relative to higher-income households over the past several years. This trend appears to be continuing into 2018 as evidenced by Zillow’s latest Home Value Index report which shows that low-income households are now worth less than they were at this time last year.