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AREA INFORMATION

98003 (Federal Way, WA)

Explore the real estate in 98003 (Federal Way, WA)

Area Highlights

98003 (Federal Way, WA) residents have a median age of 36.7 years old, with employment highest in the administrative support and sales industries.

49,988 Population

19,320 Households

$67,694 /yr
Median Household Income

$457,500
Median Home Sale Price

30m Median Commute Time

Most people in this area drive to work.

Area Map

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Median Age

Median age is the age that divides a population into two numerically equally sized groups; that is, half the people are younger than this age and half are older. It is a single index that summarizes the age distribution of a population.

LEGEND

  • 61+ years old
  • 51 to 60 years old
  • 41 to 50 years old
  • 31 to 40 years old
  • 21 to 30 years old
  • 11 to 20 years old
  • 0 to 10 years old

Median Home Price

The median sale price measures the “middle” price of homes that sold, meaning that half of the homes sold for a higher price and half sold for less.

LEGEND

  • $2,000,000+
  • $1,000,000 to $2,000,000
  • $800,000 to $1,000,000
  • $600,000 to $800,000
  • $400,000 to $600,000
  • $200,000 to $400,000
  • $0 to $200,000

Median Household Income

The median household income is the income amount that divides a population into two equal groups, half having a household income above that amount, and half having a household income below that amount.

LEGEND

  • $500,000+ per year
  • $250,000 to $500,000 per year
  • $150,000 to $250,000 per year
  • $100,000 to $150,000 per year
  • $75,000 to $100,000 per year
  • $50,000 to $75,000 per year
  • $0 to $50,000 per year

Family & Education

36.7 Median Age

Average Household Size

2.5
persons per
household

39.7%

Married Households

Community Population By Education

High School Graduate 28%
Some College 23%
Bachelors Degree 19%
Some High School 13%
Associates Degree 9%
Graduate Degree 7%
Of the total people surveyed, the most prevalent educational attainment level is High School Graduate, representing 28.21% of the population.

Household Family Expenses vs National Average

This location’s average annual expenditures compared to the national average. Index score (100=National Average)
31.2% of households have children

Economics

$67,694 /yr
Median Household Income
$457,500
Median Sales Price
30 min
Median Commute Time

Household Expenses vs National Average

This location’s average annual expenditures by category compared to the national average. Index score (100=National Average)

Household by Income

Out of the households in this area, the largest income group is $50-74,999k representing 19.54% of the households.

Transportation to Work

  • Drive 75%
  • Work from Home 16%
  • Public Transit 7%
  • Walk or Bike 3%

Occupancy by Type

Rented 10,463 52%
Owned 8,857 44%
Vacant 833 4%

White vs Blue Collar Jobs







White Collar 59%
Blue Collar 41%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 36.7 years old. The smallest percentage group is 25-34 years and the largest percentage is the 85+ years age range.

Community Population By Ethnicity

White 38%
Hispanic 22%
Asian 19%
Black 17%
Other 13%
Native American 1%
The most prevalent ethnicity is White at 38%, followed by Hispanic at 22%, Asian at 19%, and Black at 17%.

Crime & Pollution

Crime vs National Average

This location’s average annual crime rates compared to the national average. Index score (100=National Average)

Pollution vs National Average

This location’s average annual pollution rates compared to the national average. Index score (100=National Average)

Weather

76° July
Hottest Average Month
34° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
34°
45°
Feb
35°
49°
Mar
37°
53°
Apr
40°
59°
May
45°
66°
Jun
50°
70°
Jul
53°
76°
Aug
53°
76°
Sep
49°
70°
Oct
44°
60°
Nov
38°
51°
Dec
35°
46°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

Listings in the Area

5 beds • 2 baths • 1 half baths • 2,535 sqft

1903 S 302nd St Plan: Ballard
Federal Way, WA 98003

4 beds • 2 baths • 1 half baths • 2,050 sqft

1903 S 302nd St Plan: Hawthorne
Federal Way, WA 98003

4 beds • 2 baths • 1 half baths • 1,860 sqft

1903 S 302nd St Plan: Berkshire
Federal Way, WA 98003

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Data powered by Attom Data Solutions. Copyright© 2024. Information deemed reliable but not guaranteed.

* Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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