ZIP 98001 - 860Z200US98001 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 98001, located in the Auburn area of Washington, this demographic and housing snapshot offers a clear picture of the community. With data from 2023, we’ve compiled key metrics on population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Let’s dive into what makes ZIP 98001 unique and how these numbers can guide your next steps.

Population & Households

ZIP 98001 is home to a population of 36,041 residents, making it a moderately sized community with a mix of urban and suburban characteristics. These individuals are distributed across 12,037 households, reflecting a diverse range of family structures and living arrangements. The total number of housing units stands at 12,369, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area.

Income & Housing Costs

Financially, ZIP 98001 stands out with a median household income of $107,218, which is notably higher than many national averages. This figure points to a relatively affluent community with strong purchasing power, an important consideration for businesses targeting local consumers. On the housing front, the median home value is $538,800, reflecting a robust real estate market that could appeal to investors seeking appreciation potential. For renters, the median rent is $1,927 per month, indicating a significant cost for leasing but also a potential income stream for property owners.

Race & Ethnicity

The cultural fabric of ZIP 98001 is diverse, offering a vibrant mix of backgrounds that enrich the community. White residents make up 47.2% of the population, while Asian residents account for 16.85%, and Hispanic or Latino individuals represent 16.61%. Black or African American residents comprise 7.95% of the population. This diversity can be a draw for those seeking an inclusive environment, and it also provides businesses with opportunities to cater to varied cultural preferences and needs.

Key Facts

• Total population: 36,041 residents in ZIP 98001 as of 2023.
• Total households: 12,037, with a mix of family and individual living arrangements.
• Total housing units: 12,369, showing a small surplus of available homes.
• Median household income: $107,218, indicating strong local earning power.
• Median home value: $538,800, a significant investment opportunity.
• Median rent: $1,927 per month, reflecting a competitive rental market.
• Racial diversity: 47.2% White, 16.85% Asian, 16.61% Hispanic, 7.95% Black.

What This Means for You

For homebuyers, ZIP 98001 offers a stable and prosperous community with a median home value of $538,800. While the price point is substantial, the area’s high median income suggests a financially secure neighborhood, potentially reducing risks of economic downturns affecting property values. The slight surplus of housing units (12,369 total versus 12,037 households) may also provide some negotiating room in a competitive market.

For investors and real estate agents, the combination of high home values and a median rent of $1,927 signals strong potential for rental income or property appreciation. The area’s population size and income levels support demand for both residential and commercial properties, making it a promising spot for long-term investments.

For small-business owners, the diverse population of 36,041 and a median household income of $107,218 indicate a customer base with disposable income and varied needs. Whether you’re opening a retail store, restaurant, or service-based business, tailoring offerings to the cultural diversity (notably the significant Asian and Hispanic communities) could help you tap into niche markets.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing demand, and community growth in ZIP 98001. The data suggests stability and opportunity, but pairing it with historical trends or local policy changes could yield even richer insights.

Run This Study Yourself

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