ZIP 98027 - 860Z200US98027 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 98027, located in the Issaquah area of Washington, this demographic and housing snapshot offers a clear picture of the community. Based on 2023 data, this area is home to a thriving population with strong income levels and high property values. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living, working, or investing in ZIP 98027.

Population & Households

ZIP 98027 has a total population of 28,335 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 11,468 households, reflecting a mix of family and individual living arrangements. With 12,071 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable community with room for growth.

Income & Housing Costs

One of the standout metrics for ZIP 98027 is its median household income of $150,000, which points to a financially secure population. This high income level supports the area’s elevated housing costs, with a median house value of $976,400. For renters, the median rent stands at $2,343 per month, reflecting the premium cost of living in this desirable location. These figures position ZIP 98027 as an affluent area, likely attracting professionals and families with strong earning potential who are seeking quality housing and amenities.

Race & Ethnicity

The demographic makeup of ZIP 98027 is predominantly White, with 68.82% of the population identifying as such. The Asian community represents a significant portion at 15.6%, while Hispanic residents account for 7.0% of the population. Black residents make up 1.25%, with the remainder comprising other or mixed-race groups. This diversity adds to the cultural fabric of the area, offering a blend of perspectives and experiences that can enrich community life and business opportunities.

Key Facts

• Total population: 28,335 residents, indicating a mid-sized suburban community.
• Total households: 11,468, showing a strong base of family and individual units.
• Total housing units: 12,071, suggesting some availability for new residents or investors.
• Median household income: $150,000, reflecting a high-earning population.
• Median house value: $976,400, indicative of a premium real estate market.
• Median rent: $2,343, aligning with the area’s upscale living costs.
• Racial composition: 68.82% White, 15.6% Asian, 7.0% Hispanic, 1.25% Black.

What This Means for You

For homebuyers, ZIP 98027 offers a high-quality living environment backed by a median household income of $150,000 and a median home value nearing $1 million. While the cost of entry is steep, the area’s affluence and stability make it a worthwhile long-term investment for those who can afford it. Be prepared for competitive bidding if you’re eyeing a property here.

For real estate investors and agents, the slight surplus of housing units (12,071) over households (11,468) hints at potential opportunities for rentals or flips, especially given the high median rent of $2,343. However, the high property values mean you’ll need significant capital to play in this market, and returns may take time to materialize.

For small-business owners, the strong income levels and diverse population in ZIP 98027 suggest a customer base with disposable income and varied needs. Whether you’re opening a retail shop, restaurant, or service-based business, tailoring your offerings to a wealthier, culturally diverse clientele could yield success. Consider the high rent costs when budgeting for commercial space.

For analysts, these metrics provide a robust dataset to benchmark against other ZIP codes in the region. The high income and housing costs, paired with a diverse demographic profile, make ZIP 98027 a case study in affluent suburban markets.

Run This Study Yourself

• Curious about other areas or want to dive deeper into ZIP 98027? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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