ZIP 98155 - 860Z200US98155 — Demographic Snapshot (2023)

Overview

If you're considering a move, investment, or business opportunity in ZIP code 98155, located in the Seattle metro area, 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 98155 unique and how these numbers can guide your next steps.

Population & Households

ZIP 98155 is home to a population of 35,906 residents, making it a moderately sized community with a vibrant local presence. These individuals are spread across 13,959 households, reflecting a mix of family units, singles, and shared living arrangements. The total number of housing units stands at 14,526, indicating a slight surplus of available homes compared to occupied households. This balance suggests a stable housing market with room for growth or turnover, which could be appealing to buyers or investors looking for opportunities in the area.

Income & Housing Costs

One of the standout metrics for ZIP 98155 is its median household income of $131,911, which points to a relatively affluent community with strong earning potential. This income level supports a robust housing market, evidenced by a median house value of $758,000. For renters, the median monthly rent is $2,016, reflecting the premium cost of living in this desirable area. These figures highlight ZIP 98155 as a high-value location, where both owning and renting come with significant financial commitments but also potential for long-term value appreciation.

Race & Ethnicity

The demographic makeup of ZIP 98155 showcases a diverse yet predominantly white community. Approximately 65.52% of residents identify as white, while 12.84% are Asian, 4.6% are Black, and 8.0% identify as Hispanic. This diversity contributes to a culturally rich environment, offering a blend of perspectives and experiences. For businesses and investors, this mix can translate into varied consumer needs and opportunities to cater to a broad audience, while homebuyers may appreciate the inclusive community vibe.

Key Facts

• Total population: 35,906 residents, indicating a sizable and active community.
• Total households: 13,959, reflecting a strong base of local families and individuals.
• Total housing units: 14,526, suggesting availability for new residents or investors.
• Median household income: $131,911, highlighting economic strength in ZIP 98155.
• Median house value: $758,000, positioning this area as a premium real estate market.
• Median rent: $2,016 per month, indicative of high demand for rental properties.
• Racial composition: 65.52% white, 12.84% Asian, 4.6% Black, 8.0% Hispanic, showcasing diversity.

What This Means for You

For homebuyers, ZIP 98155 offers a prosperous community with a median income that supports a comfortable lifestyle, though the $758,000 median home value means you’ll need to budget for a significant investment. The slight surplus of housing units (14,526 vs. 13,959 households) could provide some negotiating room or inventory to choose from. Real estate investors and agents will find a lucrative market here, with high property values and rents ($2,016 median) suggesting strong returns, especially if targeting affluent renters or buyers. Keep an eye on turnover in those extra housing units for potential flips or rentals.

For small-business owners, the diverse population of 35,906 and solid income levels create a promising customer base with disposable income. Tailoring products or services to a culturally varied audience—spanning white, Asian, Black, and Hispanic residents—could help you tap into niche markets. Finally, analysts can use these metrics to benchmark ZIP 98155 against nearby areas, noting its economic strength and housing stability as key drivers of local trends.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 98155? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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