98592, Union, WA

Union, WA is located in the 98592 zip code. According to the 2010 census, the population of Union was 2,521. The median household income in Union was $60,898. Home equity and home prices in Union are among the highest in the state of Washington.

The average home value in Union is $412,000. The median home equity value in Union is $236,500. The average home price per square foot is $153. The average mortgage rate for a 30-year fixed-rate mortgage in Union is 4.14%.

There are a number of factors that contribute to high home values and home equity in Union: strong economy and job market, low unemployment rate, relatively few homes for sale compared to other areas of Washington State (resulting from strong demand), limited inventory of homes available for purchase or rent (due to strict zoning regulations), and limited availability of financing options (due to stringent lending criteria).