Frederickson, Washington.
Typical home $531,091 (+1.0% in a year), asking rent $2,270 (+0.2%). Seattle-Tacoma-Bellevue, WA metro.
to buy the typical home at today's mortgage rate — +$1,524 (+121%) since Jan 2020.
- 1 year
- Up $5,234 +1%
- $525,857$531,091 since Sep 2025
- 5 years
- Up $55,323 +12%
- $475,768$531,091 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Frederickson$2,788
- Washington$3,084
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 32 years.
Typical home values in Frederickson, WA rose 1.0% over the past year — in step with the nation.
Asking rents in Frederickson, WA rose 0.2% over the past year — slower than the nation's +2.7%.
Owning the typical home in Frederickson runs $1,487/mo more than renting one. The gap peaked at $1,631 in Jan 2025.
That is $3,757 a month against $2,270 rent: a $2,788 mortgage payment, plus $401 property tax and $569 insurance & upkeep.
Owning vs renting — Frederickson
The owning line is the typical home's monthly payment at that month's rate, plus property tax and insurance & upkeep; the renting line is the typical asking rent; the grey line is the mortgage payment on its own. Same homes, same months, both ways of paying for a roof.
- Owning all in$3,757
- Renting$2,270
- Mortgage only$2,788
Property tax · $401/mo 0.91% of value a year — the ACS 2020-2024 median bill over the median home value for Pierce County, WA
Insurance & upkeep · $569/mo insurance, maintenance and repairs together, from the BLS Consumer Expenditure Survey — the national figure for mortgaged homeowners, scaled to this market's home value. BLS publishes the three bundled and they cannot be split.
Both are priced off the same month's home value, so they rise with the market. Neither is a quote — a specific home's bill depends on its assessment, its age and its insurer.
Living in Frederickson, Pierce County, Washington
Frederickson, in Pierce County, had 24,906 people in the 2020 census. Half its households earn more than $109,500 a year and half less, against $99,564 across Pierce County; 6% of its people live below the poverty line. 74% of its homes are lived in by their owners and 26% are rented. Unemployment in Pierce County was 5.1% in August 2026, and the county had 1.1% more jobs in 2025 than the year before. The most residents work in schools and health care, then construction.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Frederickson is a community in Pierce County where most homes are lived in by their owners, and where residents are younger, on the whole, than in many American towns. Household incomes run above the county's, and fewer people live below the poverty line than you might expect. Few adults hold a four-year degree, and the commute to work is a long one for many residents, though some work from home.
Work. Residents work mostly in schools, hospitals and social care, the building trades, manufacturing and shops. Within Frederickson itself, the largest workplaces include The Boeing Company, which makes aircraft assemblies and parts, Amazon, which runs a warehouse, and Safeway, the supermarket. Pierce County has added a few more jobs than the year before, and unemployment there is level with a year ago.
Things to do. For time outdoors, American Lake is a lake a short drive away, and the White River is a river a short drive away. Sequalitchew Creek runs in or beside town. Those who like to go farther can drive to the Museum of Glass, a museum a longer drive away. Winters are cool and wet, with only a little snow, and summers are mild and warm.
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- 8,022households
- 20%of adults have a degree
- 6%below the poverty line
- 36 mintypical commute
- 10%work from home
What residents work in
Employed residents by industry, from the Census survey. Pierce County had 337,071 jobs in 2025, 1.1% more than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in December, with highs near 45° and lows near 33°; warmest in August, with highs near 76° and lows near 53°. About 6 inches of snow and 45 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the Mcmillin Rsvr weather station, 6 miles away (NOAA).
Largest workplaces in Frederickson
- The Boeing CompanyAircraft assemblies, subassemblies, and parts manufacturing1,256
- AmazonGeneral warehousing and storage524
- Hormann Northwest Door LLC - PuyallupSheet metal work manufacturing200
- LeMay Pierce County RefuseWaste collection services, nonhazardous solid182
- SafewaySupermarkets and other grocery stores144
- James Hardie North AmericaManufacture of cement fiber building products127
- James HardieConcrete products, precast, manufacturing126
- Niagara Bottling, LLC - TacomaBeverages, naturally carbonated bottled water, manufacturing113
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 16 workplaces with 20 or more staff, 3,063 people in all. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- EarthquakesRelatively high
- Heat wavesRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Frederickson’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Pierce County and the Seattle-Tacoma-Bellevue, WA metro.
Frederickson home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Frederickson$531,091
- Washington$587,533
- United States$366,157
Sellers are cutting prices on about 1 in 3 Frederickson listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Frederickson32.99%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Frederickson38
New listings per month
Sellers arriving at the market.
- Frederickson11
Zip codes with a Frederickson address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Frederickson — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.
Zillow publishes no zip-level series with this city on the address.