ZIP 98168 - 860Z200US98168 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 98168, located in the Seattle area, this demographic and housing snapshot offers a clear picture of the community. Based on 2023 data, this analysis covers population trends, household dynamics, income levels, housing costs, and racial diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about living or working in this vibrant area.

Population & Households

ZIP 98168 is home to a population of 34,814 residents, making it a moderately sized community with a diverse mix of individuals and families. The area supports 12,503 households, reflecting a strong residential base. With 13,338 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 rental opportunities. This balance between population and housing suggests a stable yet dynamic community, ideal for those seeking a place to settle or grow.

Income & Housing Costs

The median household income in ZIP 98168 stands at $84,937, which points to a relatively strong earning capacity among residents. This income level supports a comfortable lifestyle for many, though housing costs are a significant factor to consider. The median house value is $500,600, reflecting the competitive real estate market often seen in the greater Seattle region. For renters, the median rent is $1,724 per month, which aligns with the area’s higher cost of living. These figures suggest that while incomes are solid, affordability may be a concern for some prospective buyers or tenants.

Race & Ethnicity

ZIP 98168 boasts a rich cultural tapestry, with a diverse population that enhances the community’s character. The racial composition includes 36.67% White, 11.24% Black, 21.2% Asian, and 25.54% Hispanic residents. This diversity creates a welcoming environment for people from various backgrounds, offering a blend of perspectives and experiences. For businesses, this mix can translate into a broad customer base, while families may appreciate the multicultural atmosphere as a place to raise children with exposure to different cultures.

Key Facts

• Total population: 34,814 residents, indicating a sizable community.
• Total households: 12,503, showing a strong residential presence.
• Total housing units: 13,338, suggesting potential availability for new occupants.
• Median household income: $84,937, reflecting solid earning potential.
• Median house value: $500,600, indicative of a competitive housing market.
• Median rent: $1,724, aligning with regional cost trends.
• Diverse population: 36.67% White, 11.24% Black, 21.2% Asian, 25.54% Hispanic.

What This Means for You

For homebuyers, ZIP 98168 offers a diverse and established community, though the median house value of $500,600 signals the need for careful budgeting or strong financing. The slight surplus of housing units over households might provide some negotiation room, but competition remains due to the area’s appeal. Investors and real estate agents will find opportunities in the rental market, as the median rent of $1,724 suggests demand for leased properties, especially given the population size of over 34,000. Small-business owners can leverage the cultural diversity and solid median income of $84,937 to target a wide range of customers with disposable income. Analysts can use these metrics to benchmark ZIP 98168 against nearby areas, identifying trends in housing affordability or demographic shifts. Overall, this ZIP code presents a balanced mix of challenges and opportunities tailored to different goals.

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