ZIP 98029 - 860Z200US98029 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 98029, located in the vibrant Issaquah area of Washington, this demographic and housing snapshot offers a clear picture of the community. Based on the latest 2023 data, this analysis covers population trends, household dynamics, income levels, housing costs, and racial composition. Whether you’re a homebuyer, real estate investor, small-business owner, or data analyst, these insights can help you make informed decisions about living or working in ZIP 98029.

Population & Households

ZIP 98029 is home to a population of 30,930 residents, making it a moderately sized community with a suburban feel. This area supports 12,193 households, reflecting a strong residential base. With 12,667 total housing units, there’s a slight surplus of homes compared to occupied households, which could indicate some availability for new residents or investors looking for opportunities. The balance between population and housing suggests a stable community with room for growth, ideal for families or individuals seeking a settled yet dynamic environment.

Income & Housing Costs

One of the standout metrics for ZIP 98029 is its median household income of $164,058, which is significantly higher than many national and regional averages. This figure points to a prosperous community with strong earning potential, appealing to professionals and families alike. However, housing costs reflect this affluence: the median house value stands at $964,400, indicating a premium real estate market. For renters, the median rent is $2,625 per month, which aligns with the high cost of living in the area. These numbers suggest that while ZIP 98029 offers economic opportunity, it also demands substantial financial resources for housing.

Race & Ethnicity

The demographic makeup of ZIP 98029 showcases a diverse community with a blend of cultural backgrounds. White residents account for 50.35% of the population, while Asian residents make up a significant 34.19%, reflecting a strong presence of Asian heritage in the area. Hispanic residents comprise 4.16%, and Black residents represent 2.26%. This diversity contributes to a rich cultural fabric, offering a welcoming environment for people from various backgrounds and fostering a vibrant local identity that businesses and residents can appreciate.

Key Facts

• Total population: 30,930 residents, offering a suburban community scale.
• Total households: 12,193, indicating a strong residential foundation.
• Median household income: $164,058, reflecting high earning potential.
• Median house value: $964,400, signaling a premium housing market.
• Median rent: $2,625, consistent with the area’s elevated cost of living.
• Racial composition: 50.35% White, 34.19% Asian, 4.16% Hispanic, 2.26% Black.
• Total housing units: 12,667, suggesting slight availability for new occupants.

What This Means for You

For homebuyers, ZIP 98029 presents a high-value market with a median home price of nearly $1 million. While this requires significant investment, the area’s high median income suggests a stable, affluent community with strong long-term value. Families will appreciate the diversity and suburban scale, ideal for raising children in a culturally rich setting. Real estate investors and agents should note the slight surplus of housing units, which could signal opportunities for rentals or flips, though high entry costs mean careful financial planning is essential. Small-business owners can leverage the area’s wealth and diversity to target premium services or culturally specific offerings, especially those appealing to Asian and White demographics. Analysts will find the income and housing data useful for benchmarking against other ZIP codes, providing a clear view of economic trends in this prosperous area.

Run This Study Yourself

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