Housing market/Washington/ZIP 98282

ACS 2023 · FY2027 SAFMR

ZIP 98282 Camano Island, Island County, Washington

Island County, WA · Washington. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
17,535
Households
7,426
Median HH income
$100,124
Renter share
8.6%
Median gross rent
$1,710
Vacancy
15.9%
Pop. change
+6.7%
2BR SAFMR
$1,950
SAFMR / rent
1.140×
2–49 unit stock
106
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 98282 · WA — sent to you.

ZIP 98282 · WA

ACS median rent$1,710
2BR SAFMR$1,950
90% floor$1,755
110% ceiling$2,145

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 98282

  • 1-unit detached8,07391.4%
  • 1-unit attached1081.2%
  • 2–4 units820.9%
  • 5–49 units240.3%
  • Mobile5456.2%
TypeUnitsShare
1-unit detached8,07391.4%
1-unit attached1081.2%
2 units (duplex)570.6%
3–4 units250.3%
5–9 units00.0%
10–19 units140.2%
20–49 units100.1%
50+ units00.0%
Mobile5456.2%

2–4 unit share 0.9% · 5–49 unit share 0.3% · combined 2–49 1.2%.

Units by bedrooms

Studio
68
1BR
293
2BR
2,891
3BR
4,562
4BR
876
5+
142

Rent burden

Rent ≥30% of income31.4%
Rent ≥50% of income18.1%
  • ACS median gross rent $1,710 (all bedrooms, occupied rentals).
  • Median contract rent $1,457.
  • Renters paying ≥30% of income 31.4%; ≥50% 18.1%.
  • FY2027 2BR SAFMR $1,950 (1.140× ACS median gross rent).

Population

17,535 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +6.7%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

New apartment permits

About 6 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.

Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.

What the data shows

ZIP 98282 8.6% of occupied households are renters; vacancy is 15.9%; ACS median gross rent is $1,710; population increased +6.7% between the 2018 and 2023 ACS vintages; the housing stock includes 82 units in 2–4-unit structures and 24 units in 5–49-unit structures; FY2027 2BR SAFMR is $1,950 versus ACS median gross rent of $1,710. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Washington research

ZIP 98282 is a Census / HUD profile for Island County, WA. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Washington research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 98282?

ZIP 98282 (Island County, WA) has 17,535 residents, 7,426 households, a renter share of 8.6%, median household income of $100,124, and ACS 2023 median gross rent of $1,710. Vacancy is 15.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 98282?

ACS counts 57 units in 2-unit buildings, 25 in 3–4 unit buildings, 0 in 5–9, 14 in 10–19, and 10 in 20–49. Combined 2–49 unit stock is 106 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 98282?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,950. See the full schedule and 90–110% payment-standard band on the ZIP 98282 — Camano Island, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 98282 is Census / HUD research for Island County, WA. Jeff Crowe CRE does not list Washington property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.