Cost of Living in Pierce County, Washington

$1,722/mo
Median Monthly Rent
$484,400
Median Home Value
43% above state averageUnaffordable

At a Glance

Median Monthly Rent
$1,722/mo
43% above state average
Median Home Value
$484,400
72% above national
Rent-to-Income Ratio
31.0%
% of income spent on rent

Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)

Affordability Rating
Unaffordable
Rent over 50% of income

How Pierce County Compares

Median monthly rent comparison

Pierce County$1,722/mo
Washington Average$1,202/mo
National Median$1,163/mo

Detailed Housing Stats

$1,722/mo
Median Gross Rent
$484,400
Median Home Value
$1,957/mo
Monthly Owner Cost
31.0%
Rent-to-Income Ratio

Data Story

About Cost of Living in Pierce County, Washington

Pierce County's Premium Affordability Test

Pierce County's rent-to-income ratio of 21.4% exceeds the national average by 5 percentage points, signaling a tighter housing squeeze for renters. Though median household income of $96,632 ranks 29% above the national average, rent of $1,722/month still consumes a larger share of earnings than most American counties.

Above State Average Affordability Strain

Pierce County's 21.4% rent-to-income ratio ranks above Washington's 18.8% state average, placing it among the state's less affordable counties despite strong incomes. Median rent of $1,722/month exceeds the state median by $520, reflecting the Puget Sound region's competitive housing market.

Pierce's High-Income, High-Cost Reality

Pierce County residents earn substantially more than Pacific County ($96,632 vs. $62,350), yet pay 79% more in rent ($1,722 vs. $962). Only Snohomish County exceeds Pierce's rent costs and affordability strain, making both Puget Sound counties the state's priciest rental markets.

Income Meets Housing Reality

Pierce County renters dedicate 21.4% of income to rent, while homeowners spend 24.3% on mortgage and owner costs—both elevated for the state. The median home value of $484,400 demands strong incomes to purchase, though the county's $96,632 median household income provides more capacity than most.

Pierce: Premium Location, Premium Cost

Pierce County offers urban and suburban amenities with strong job markets, but anticipate higher housing costs than most Washington counties. If you're relocating, compare Pierce's rent and affordability strain against more rural or eastern Washington options like Pend Oreille or Skamania to assess your budget priorities.

Affordability Calculator

See how your income compares to housing costs in Pierce County

$

Rent Burden

21.4%

of gross income

Max Housing (28% Rule)

$2,255

per month

Owner Cost Burden

24.3%

of gross income

The median home in Pierce County may be a stretch

Median home value is $484,400. Estimated monthly cost: $3,867 vs. your max of $2,255.

Rent Affordability Guide

Your rent-to-income ratio21.4%
Recommended max30.0%

Frequently Asked Questions

What is the cost of living in Pierce County, Washington?
Pierce County, Washington has a median monthly rent of $1,722/mo and a median home value of $484,400. The affordability rating is Unaffordable, with rent making up approximately 31.0% of median household income.
What is the median rent in Pierce County?
The median gross rent in Pierce County is $1,722/mo. This is 43% above state average for Washington.
Is Pierce County affordable?
Pierce County is rated Unaffordable based on rent-to-income ratio of 31.0%. Spending over 50% of income on rent is generally considered unaffordable.
How does Pierce County's rent compare to the state average?
Pierce County's median rent of $1,722/mo is 43% above state average of $1,202/mo for Washington.
What is the median home value in Pierce County?
The median home value in Pierce County, Washington is $484,400. This is 72% above the national median home value of $281,900.
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Data: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.