ZIP 98164 - 860Z200US98164 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 98164 for a home purchase, investment opportunity, or business venture, understanding its demographic and housing landscape is essential. Located in a unique pocket of Seattle, this area offers a small but affluent community with distinct characteristics. This snapshot, based on 2023 data, provides a clear picture of population, income, housing costs, and racial composition to help you make informed decisions. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will guide your next steps in ZIP 98164.

Population & Households

ZIP 98164 is home to a small population of just 235 residents. This compact community is spread across 137 households, which matches the total number of housing units in the area. This suggests full occupancy with no vacant units, indicating a tight housing market. For homebuyers or investors, this could mean limited availability and potential competition for properties. For businesses, the small population size points to a niche market, where personalized services or luxury offerings might find a receptive audience.

Income & Housing Costs

One of the standout features of ZIP 98164 is its exceptional median household income of $250,000. This places the area among the most affluent in the region, signaling strong purchasing power among residents. The median house value stands at $714,600, reflecting a high-end real estate market that aligns with the income levels. While data on median rent is unavailable, the combination of high income and property values suggests that rental costs, if applicable, would likely cater to an upscale demographic. For investors and agents, this points to opportunities in premium properties, while homebuyers should be prepared for significant financial commitment.

Race & Ethnicity

The racial and ethnic composition of ZIP 98164 offers a glimpse into its cultural makeup. The majority of residents identify as White, accounting for 57.87% of the population. Hispanic or Latino residents make up a notable 31.06%, adding diversity to the community, while 11.06% identify as Asian. Data for other racial groups, such as Black or African American, is not available in this dataset. This mix suggests a relatively diverse yet predominantly White area, which may influence community dynamics, business offerings, and cultural preferences. For small-business owners, understanding these demographics can help tailor products or services to resonate with local residents.

Key Facts

• Total population in ZIP 98164: 235 residents.
• Total households: 137, matching the total housing units.
• Median household income: $250,000, indicating significant affluence.
• Median house value: $714,600, reflecting a premium real estate market.
• Racial composition: 57.87% White, 31.06% Hispanic, 11.06% Asian.
• No vacant housing units, suggesting high demand or limited inventory.

What This Means for You

For homebuyers, ZIP 98164 represents a high-barrier-to-entry market with median home values over $700,000. The full occupancy of housing units means you’ll need to act quickly on available properties and be prepared for competitive offers. The high median income suggests neighbors with strong financial stability, which could translate to a well-maintained community with desirable amenities.

For investors and real estate agents, the affluent demographic and tight housing supply in ZIP 98164 signal potential for high returns on luxury properties. However, the small population and lack of vacancies may limit turnover, so focus on long-term value appreciation or niche rental markets catering to high earners.

For small-business owners, the small but wealthy population offers a chance to target premium or specialized services. With a diverse community, consider offerings that appeal to varied cultural tastes or high-end needs, such as boutique retail, professional services, or upscale dining.

For analysts, the data highlights a unique micro-market with extreme affluence and limited scale. This could be a case study for understanding how wealth concentration impacts housing dynamics in small urban ZIP codes.

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