Census tract · Pierce County
Census Tract 718.03, Pierce County, Washington
Census Tract 718.03, GEOID 53053071803, in Pierce County, Washington, mostly within Lakewood (87% of its census blocks). 5,758 residents in the ACS 2020-2024 5-year estimates (±884); the 2020 Census counted 6,098.
Residents, 2020-2024
5,758
±884 (90% margin)
2020 Census count: 6,098
Median household income
$88,782
±$26,655 (90% margin)
Pierce County: $99,564
Median home value
$422,100
±$36,445 (90% margin)
Pierce County: $526,600
Median gross rent
$1,686
±$124 (90% margin)
Pierce County: $1,806
Where is Census Tract 718.03?
Census Tract 718.03 is one of 193 census tracts in Pierce County, Washington. It covers 1.78 square miles of land, 3,430 residents per square mile in 2020. Its GEOID, 53053071803, names it uniquely (how tract numbers and GEOIDs work).
8 census tracts border Census Tract 718.03: Tract 628.02 ($84,125), Tract 629.02 ($85,612), Tract 718.07 ($58,438), Tract 718.08 ($53,071), Tract 719.01 ($79,506), Tract 719.02 ($123,750), Tract 721.06 ($60,655) and Tract 723.12 ($72,300). The figure in brackets is each tract's median household income.
Whether a tract counts as low- or moderate-income for bank lending (the Community Reinvestment Act) is set by the FFIEC against its metro area's family income: look it up in the FFIEC census geocoder.
Source: 2024 Gazetteer and 2020 block assignment files, U.S. Census Bureau · Census reference files
How many people live in Census Tract 718.03?
The 2020-2024 American Community Survey puts Census Tract 718.03's population at 5,758 (±884) in 2,762 households; the 2020 Census counted 6,098 residents and 2,852 housing units.
| Measure | Tract 718.03 | Lakewood |
|---|---|---|
| Total population | 5,758 ±884 | 62,937 |
| Households | 2,762 ±305 | 26,500 |
| Average household size | 2.08 ±0.18 | 2.32 |
| Housing units | 2,851 ±292 | 28,591 |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026); 2020 Census P.L. 94-171 · Check it at data.census.gov
Who lives in Census Tract 718.03?
The median resident of Census Tract 718.03 is 42.5 years old; 18.5% are under 18 and 24.4% are 65 or older. The largest group is non-Hispanic white residents at 36.6%, then non-Hispanic Black residents at 25.3%. 17.3% of residents were born outside the United States.
| Measure | Tract 718.03 | Lakewood |
|---|---|---|
| Median age | 42.5 ±10.1 | 37.4 |
| Under 18 years | 18.5% ±6.9 pts | 19.6% |
| 65 years and over | 24.4% ±6.7 pts | 17.2% |
| Hispanic or Latino (any race) | 19.7% ±9.8 pts | 18.8% |
| White alone, not Hispanic | 36.6% ±10.1 pts | 45.0% |
| Black or African American alone, not Hispanic | 25.3% ±13.0 pts | 13.3% |
| Asian alone, not Hispanic | 6.3% ±3.3 pts | 6.9% |
| American Indian and Alaska Native alone, not Hispanic | 0.3% ±0.5 pts | 0.3% |
| Native Hawaiian and Other Pacific Islander alone, not Hispanic | 2.2% ±2.3 pts | 3.5% |
| Two or more races, not Hispanic | 9.1% ±4.7 pts | 11.2% |
| Some other race alone, not Hispanic | 0.4% ±0.7 pts | 0.8% |
| Born outside the United States | 17.3% ±6.9 pts | 15.3% |
| Speak a language other than English at home (age 5+) | 26.7% ±7.8 pts | 23.2% |
| Civilian veterans (age 18+) | 12.7% ±5.5 pts | 13.7% |
| With a disability | 22.1% ±5.1 pts | 20.6% |
| No health insurance coverage | 6.9% ±3.6 pts | 10.1% |
| High school graduate or higher (age 25+) | 88.7% ±7.2 pts | 87.7% |
| Bachelor's degree or higher (age 25+) | 25.8% ±7.2 pts | 23.2% |
| Graduate or professional degree (age 25+) | 9.9% ±4.4 pts | 9.5% |
| Lived in the same house a year earlier | 86.9% ±5.0 pts | 83.9% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profiles DP02, DP05) · Check it at data.census.gov
What do households in Census Tract 718.03 earn?
Half of the 2,762 households in Census Tract 718.03 earn less than $88,782 a year (±$26,655), against $99,564 across Pierce County: 131st highest of the county's 192 tracts with a reliable estimate. 7.0% of residents live below the poverty line.
| Measure | Tract 718.03 | Lakewood |
|---|---|---|
| Median household income | $88,782 ±$26,655 | $74,720 |
| Mean household income | $143,781 ±$49,640 | $105,976 |
| Per capita income | $62,769 ±$18,653 | $44,695 |
| People below the poverty line | 7.0% ±3.8 pts | 13.2% |
| Children under 18 below the poverty line | 6.8% ±8.2 pts | 14.2% |
| Households receiving SNAP | 15.4% ±6.8 pts | 16.3% |
| Households with a computer | 86.4% ±6.4 pts | 95.1% |
| Households with a broadband subscription | 85.6% ±6.5 pts | 91.8% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
What does housing cost in Census Tract 718.03?
Owners occupy 44.6% of Census Tract 718.03's occupied homes and renters 55.4%. The median owner-occupied home is valued at $422,100 by its owner (±$36,445). The median renter pays $1,686 a month including utilities, and 28.6% of renters pay 35% or more of their income on rent.
| Measure | Tract 718.03 | Lakewood |
|---|---|---|
| Median home value (owner-occupied) | $422,100 ±$36,445 | $461,200 |
| Median gross rent | $1,686 ±$124 | $1,525 |
| Renters paying 35% or more of income on rent | 28.6% ±10.8 pts | 42.1% |
| Median monthly owner costs, with a mortgage | $2,128 ±$253 | $2,197 |
| Owner-occupied homes | 44.6% ±9.0 pts | 47.5% |
| Renter-occupied homes | 55.4% ±9.0 pts | 52.5% |
| Housing units | 2,851 ±292 | 28,591 |
| Single-family detached homes | 36.7% ±7.8 pts | 44.3% |
| Mobile homes | 1.3% ±1.4 pts | 4.1% |
| Built 2020 or later | 0.8% ±1.3 pts | 1.0% |
| Built 2010 to 2019 | 4.5% ±3.8 pts | 5.8% |
| Built 1939 or earlier | 1.8% ±1.7 pts | 2.8% |
| Households with no vehicle | 6.5% ±4.9 pts | 8.8% |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP04) · Check it at data.census.gov
How do people in Census Tract 718.03 get to work?
82.5% of Census Tract 718.03's workers drive alone and 8.0% work from home. The average trip to work takes 32.7 minutes.
| Measure | Tract 718.03 | Lakewood |
|---|---|---|
| In the labor force (age 16+) | 61.6% ±6.6 pts | 61.3% |
| Unemployment rate | 2.3% ±2.1 pts | 5.7% |
| Drove alone to work | 82.5% ±5.6 pts | 72.2% |
| Carpooled | 6.6% ±5.4 pts | 13.2% |
| Public transportation | 0.0% ±1.4 pts | 3.2% |
| Walked | 2.4% ±2.2 pts | 1.1% |
| Worked from home | 8.0% ±3.6 pts | 8.8% |
| Mean travel time to work | 32.7 min ±6.5 | 29.3 min |
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) (Data Profile DP03) · Check it at data.census.gov
How does Census Tract 718.03 compare with the other tracts in Pierce County?
Among Pierce County's tracts with a reliable estimate, Census Tract 718.03 ranks as shown below (1 = highest).
| Measure | In Pierce County | In Lakewood |
|---|---|---|
| Population | 51st of 193 | 4th of 13 |
| Residents per square mile | 97th of 193 | 8th of 13 |
| Median household income | 131st of 192 | 6th of 13 |
| Per capita income | 27th of 193 | 2nd of 13 |
| Median home value | 156th of 184 | 8th of 10 |
| Median gross rent | 134th of 186 | 6th of 13 |
| Poverty rate | 91st of 126 | 9th of 11 |
| Bachelor's degree or higher | 109th of 191 | 6th of 12 |
| Median age | 40th of 193 | 4th of 13 |
| Owner-occupied share | 159th of 186 | 7th of 12 |
The tracts next to it on Pierce County's income ladder
| Tract | Rank | Median household income |
|---|---|---|
| Tract 712.12 | 128th | $89,587±$14,569 · within the margin of this tract |
| Tract 715.03 | 129th | $89,405±$14,774 · within the margin of this tract |
| Tract 734.07 | 130th | $89,337±$15,811 · within the margin of this tract |
| Tract 718.03 | 131st | $88,782±$26,655 |
| Tract 609.03 | 132nd | $88,264±$16,394 · within the margin of this tract |
| Tract 731.31 | 133rd | $87,083±$29,418 · within the margin of this tract |
| Tract 714.03 | 134th | $86,917±$28,991 · within the margin of this tract |
"Within the margin": the two incomes differ by less than their combined 90% margins, so the survey cannot say which is higher and the ranks between them are not firm.
Source: PlainCities ranks computed from the American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026) · How ranks are computed
How reliable are the figures for Census Tract 718.03?
Every figure for Census Tract 718.03 on this page has a coefficient of variation under 40%, the Census Bureau's threshold for a usable estimate.
A census tract's figures rest on a few hundred sampled households over five years, so its margins are wider than a city's. Two tracts differ only when the gap between them is larger than their combined 90% margin (the square root of the sum of the two squared margins). How to read a margin of error.
Source: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (released January 2026): margins of error as published · Check it at data.census.gov
How these figures are made: methodology and release checks · reading a margin of error · every state · corrections