HomeWashingtonPierce CountyLake Tapps CDP
Lake Tapps CDP, Washington: commercial real estate data.
Lake Tapps CDP is a Census CDP of 12,798 people across 12.27 square miles of land, in Pierce County. Median household income is $148,005, 89.2 percent of occupied homes are owned, and the SBA record carries 7 7(a) approvals to borrowers here worth $6.0 m.
66 sourced place values · tier FULL · 7 sections
Lake Tapps
What Lake Tapps is
- Census place typeCDP
- Land area12.27 sq mi
- Water area0.74 sq mi
- Population per square mile of land1,043
- County holding the largest share of its areaPierce County, 100.0 percent
US Census Bureau, cartographic boundary file, places, 2024 vintage. US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Tapps
How many people live in Lake Tapps
- Population12,798
- Median age42.2
- Population under 183,172
- Share under 1824.8 percent
- Population 65 and over2,194
- Share 65 and over17.1 percent
- Households4,611
- Family households3,544
- Share of households that are families76.9 percent
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Tapps
Income and work in Lake Tapps
- Median household income$148,005
- Per capita income$71,939
- Civilian labor force6,501
- Employed6,381
- Unemployed120 plus or minus 75
- Unemployment rate1.8 percent plus or minus 1.1
- Adults 25 and over8,780
- Adults 25 and over with a high school diploma or higher95.9 percent
- Adults 25 and over with a bachelor degree or higher42.1 percent
- Adults 25 and over with a graduate degree14.8 percent plus or minus 3.8
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Tapps
Housing in Lake Tapps
- Housing units4,861
- Occupied units4,611
- Vacant units250 plus or minus 182
- Vacancy rate5.1 percent plus or minus 3.7
- Owner occupied4,114
- Renter occupied497 plus or minus 165
- Ownership rate89.2 percent
- Median owner-occupied home value$742,400
- Median gross rent, monthly$2,091
- Annual rent as a share of median income17.0 percent plus or minus 4.1
- Single family units4,194
- Share single family86.3 percent
- Units in buildings of two or more181 plus or minus 132
- Share in buildings of two or more3.7 percent plus or minus 2.7
- Mobile homes416 plus or minus 146
- Median year structure built1986
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Tapps
How Lake Tapps gets to work
- Workers 16 and over who commute5,116
- Commuting under 15 minutes647 plus or minus 253
- Share commuting under 15 minutes12.6 percent plus or minus 4.7
- Commuting 30 minutes or more2,782
- Share commuting 30 minutes or more54.4 percent
- Drove alone68.3 percent
- Carpooled11.1 percent plus or minus 4.0
- Public transport1.0 percent plus or minus 0.7
- Walked0.0 percent
- Worked from home18.7 percent plus or minus 4.3
US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
Lake Tapps
SBA 7(a) lending to Lake Tapps borrowers
- Approvals7
- Gross approval$5,996,700
- Average approval$856,671
- Median approval$438,000
- Ninetieth percentile approval$3,502,000
- Largest approval$3,502,000
- Jobs supported89
- Jobs per approval12.7
- Loans with a final outcome2
- Paid in full2
- Charged off0
- Median term120 months
- Share on real estate terms of 20 years or more14.3 percent
- Share to franchises14.3 percent
- Distinct lenders5
- Distinct industries by NAICS6
A charge-off rate is not published here. only 2 resolved loans, too few to publish a rate, and a rate over that few outcomes would move several points on one loan.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Pierce County, not Lake Tapps
Pierce County context, not Lake Tapps figures
These are Pierce County figures. There is no place level equivalent published for any of them, so they are shown as the county backdrop and never as Lake Tapps measurements.
- Establishments in Pierce County20,051
- Employment at those establishments, Pierce County294,765
- Covered employment, Pierce County333,492
- Average annual pay, Pierce County$70,395
- Average weekly wage, Pierce County$1,354
- Housing units permitted, Pierce County3,207
- Of those, single family, Pierce County1,731
- County product, 2024, Pierce County$64,941,171,000
- County product change over the prior year, Pierce County5.7 percent
- Average income of an arriving household, Pierce County$76,649
Every figure in this section is published for Pierce County as a whole and is not a measurement of Lake Tapps. It is here because a county backdrop is what a credit committee reads a place against, and it is labelled so that it can never be quoted as the place's own.
US Census Bureau, County Business Patterns, 2023. US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages. US Census Bureau, Building Permits Survey, 2024 annual. US Bureau of Economic Analysis, Regional, table CAGDP2, CAGDP2, through 2024. US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Coverage
What this page does not hold.
Every item below could be filled with a plausible figure. None of them is. On a page a lender may read, a number that cannot be traced is worse than an absence, so the absences are named.
- This place is not listed as a community in the FEMA Community Status Book, so no NFIP participation or CRS class is shown.
- Parcel level detail, zoning and flood zone at an address are resolved in the platform, not on this page.
SBA figures count approvals to borrowers whose address is in the place. They are not approvals for projects inside the place boundary: the tape records a borrower city and a project county, and those can differ.
Common questions
Lake Tapps questions, answered from the record.
How many people live in Lake Tapps, Washington?
12,798, in 4,611 households. Lake Tapps CDP covers 12.27 square miles of land, which is 1,043 people per square mile. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
What county is Lake Tapps in?
Pierce County, which holds 100.0 percent of the place by area. Source: US Census Bureau, cartographic boundary file, places, 2024 vintage.
What is the median household income in Lake Tapps?
$148,005. The median owner-occupied home is valued at $742,400. Median gross rent is $2,091 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, place level, 2020-2024 5-year.
How much SBA lending goes to Lake Tapps businesses?
7 7(a) approvals totalling $6.0 m, across 5 lenders, median approval $438,000. These count approvals to borrowers whose address is in Lake Tapps, not projects sited inside the place boundary, and they are approvals recorded in the release rather than loans disbursed.
Do SBA loans to Lake Tapps borrowers get paid back?
No rate is published for Lake Tapps. only 2 resolved loans, too few to publish a rate, and a percentage over that few outcomes would move several points on a single loan. The counts are shown instead.
Are the county figures on this page Lake Tapps figures?
No, and they are labelled so. County Business Patterns, QCEW, the Building Permits Survey, BEA product and IRS migration are published for Pierce County as a whole and there is no place level equivalent. They appear in one clearly marked section as context and are never presented as measurements of Lake Tapps.
Is zoning published for Lake Tapps?
Not yet. The zoning layer is in build. Nothing on this page presents parcel level zoning.