Tacoma, WA

About Tacoma

Tacoma is a Pacific Northwest gem that's rapidly gaining popularity and for good reason. Imagine a place where you can stroll to your favorite coffee shop, with a phenomenal walk score of 94, and still find housing that's significantly more affordable than the national average. With a median home value of around $380,000, Tacoma offers a refreshing alternative to the soaring prices seen elsewhere. The median rent is a very manageable $921, and the overall affordability index is a very attractive 26, making it an excellent choice for those seeking a vibrant, up-and-coming city without breaking the bank. The air quality is exceptionally good, with an AQI of 14, and the noise level is refreshingly quiet. From an investment perspective, Tacoma presents a compelling opportunity. While the median household income of $56,920 is lower than the national average, the lower cost of living and the city's growth trajectory are strong indicators of potential. The unemployment rate is 5.5%, slightly higher than the national average, but the city's diverse economy is consistently creating new opportunities. While the homeownership rate is currently at 17.0%, the city's attractiveness to new residents means it's likely to increase. Though property crime is a bit higher than the national average, with 38.3 incidents per 1,000 residents, the violent crime rate of 3.7 per 1,000 residents is relatively low. Tacoma is ideal for young professionals, families, and anyone looking for an urban lifestyle at an attainable price point. Tacoma boasts a distinctive Pacific Northwest character. The city benefits from the region's mild climate and is known for its stunning natural beauty, with proximity to both mountains and the Puget Sound. If you're looking for a walkable, livable city with a strong sense of community, Tacoma is well worth a look. The city's bike score is a respectable 45, and the electricity rate is a very competitive 8.1¢/kWh.