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AREA INFORMATION

98498 (Lakewood, WA)

Explore the real estate in 98498 (Lakewood, WA)

Area Highlights

98498 (Lakewood, WA) residents have a median age of 40.4 years old, with employment highest in the food and administrative support industries.

31,911 Population

The population has increased by 0.4% since the year 2010.

13,013 Households

$85,668 /yr
Median Household Income

$490,000
Median Home Sale Price

27m 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

40.4 Median Age

Average Household Size

2.3
persons per
household

49.3%

Married Households

Community Population By Education

Some College 26%
High School Graduate 22%
Bachelors Degree 21%
Associates Degree 14%
Graduate Degree 10%
Some High School 6%
Of the total people surveyed, the most prevalent educational attainment level is Some College, representing 26.44% 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)
26.3% of households have children

Area Schools

KG-5
0.6 MILES
B+
Lake Louise Elementary School
9-12
0.7 MILES
C+
Lakes High School
11-12
0.7 MILES
Alfaretta House
PK-10
0.8 MILES
Lakewood Lutheran School
KG-5
0.8 MILES
D
Idlewild Elementary School
9-12
1.2 MILES
Oakridge Group Home
KG-7
1.2 MILES
Oak Grove
4-12
1.3 MILES
Firwood
5-12
1.3 MILES
Transition Day Students
KG-5
1.5 MILES
C-
Custer Elementary School
KG-5
1.7 MILES
C-
Oakbrook Elementary School
6-8
1.7 MILES
D
Hudtloff Middle School
KG-5
2.6 MILES
D
Tillicum Elementary School

Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area.

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Economics

$85,668 /yr
Median Household Income
$490,000
Median Sales Price
27 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 20.95% of the households.

Transportation to Work

  • Drive 86%
  • Work from Home 8%
  • Public Transit 4%
  • Walk or Bike 2%

Occupancy by Type

Owned 7,799 57%
Rented 5,214 38%
Vacant 617 5%

White vs Blue Collar Jobs







White Collar 73%
Blue Collar 27%

Employment

Employees by Industry

Employees by Occupation

Demographics

Community Population By Age

The median age for this area is 40.4 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 55%
Hispanic 13%
Asian 12%
Black 12%
Other 5%
Native American 1%
The most prevalent ethnicity is White at 55%, followed by Hispanic at 13%, Asian at 12%, and Black at 12%.

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

75° July
Hottest Average Month
33° January
Coldest Average Month

Average Temperature by Month

Low (°F)
High (°F)
Jan
33°
45°
Feb
35°
49°
Mar
36°
53°
Apr
40°
58°
May
45°
65°
Jun
49°
70°
Jul
52°
75°
Aug
52°
75°
Sep
49°
70°
Oct
43°
60°
Nov
38°
51°
Dec
35°
46°

Average Temperature in Degrees Fahrenheit

Precipitation

Precipitation (inch)

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Data powered by Attom Data Solutions. Copyright© 2025. 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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