Housing market/Washington/ZIP 98587

ACS 2023 · FY2027 SAFMR

ZIP 98587 Taholah, Grays Harbor County, Washington

Grays Harbor 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
947
Households
304
Median HH income
$48,333
Renter share
20.1%
Median gross rent
$702
Vacancy
9.8%
Pop. change
+25.6%
2BR SAFMR
$1,350
SAFMR / rent
1.923×
2–49 unit stock
8
LIHTC proj / units
1 / 35
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 98587 · WA — sent to you.

ZIP 98587 · WA

ACS median rent$702
2BR SAFMR$1,350
90% floor$1,215
110% ceiling$1,485

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

Housing stock

ACS 2023 units-in-structure · ZCTA 98587

  • 1-unit detached25074.2%
  • 1-unit attached20.6%
  • 2–4 units30.9%
  • 5–49 units51.5%
  • Mobile7722.8%
TypeUnitsShare
1-unit detached25074.2%
1-unit attached20.6%
2 units (duplex)00.0%
3–4 units30.9%
5–9 units51.5%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile7722.8%

2–4 unit share 0.9% · 5–49 unit share 1.5% · combined 2–49 2.4%.

Units by bedrooms

Studio
0
1BR
12
2BR
44
3BR
225
4BR
45
5+
11

Rent burden

Rent ≥30% of income24.6%
Rent ≥50% of income4.9%
  • ACS median gross rent $702 (all bedrooms, occupied rentals).
  • Median contract rent $381.
  • Renters paying ≥30% of income 24.6%; ≥50% 4.9%.
  • FY2027 2BR SAFMR $1,350 (1.923× ACS median gross rent).

Population

947 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +25.6%.

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

Assisted inventory

  • LIHTC: 1 projects, 35 units.
  • 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 0 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 98587 20.1% of occupied households are renters; vacancy is 9.8%; ACS median gross rent is $702; population increased +25.6% between the 2018 and 2023 ACS vintages; the housing stock includes 3 units in 2–4-unit structures and 5 units in 5–49-unit structures; 1 LIHTC projects totaling 35 units; FY2027 2BR SAFMR is $1,350 versus ACS median gross rent of $702. 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 98587 is a Census / HUD profile for Grays Harbor 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 98587?

ZIP 98587 (Grays Harbor County, WA) has 947 residents, 304 households, a renter share of 20.1%, median household income of $48,333, and ACS 2023 median gross rent of $702. Vacancy is 9.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 98587?

ACS counts 0 units in 2-unit buildings, 3 in 3–4 unit buildings, 5 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 8 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 98587?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,350. See the full schedule and 90–110% payment-standard band on the ZIP 98587 — Taholah, WA HUD Section 8 Payment Standards / SAFMR.

Does this Washington ZIP profile include Georgia listings?

No. ZIP 98587 is Census / HUD research for Grays Harbor 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.