ZIP 98271 - 860Z200US98271 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 98271, located in the heart of Snohomish County, Washington, this demographic and housing snapshot offers a clear picture of the area in 2023. With a population of over 30,000 and a robust median household income, this ZIP code presents a blend of suburban appeal and economic vitality. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you understand the community’s makeup, housing market, and potential opportunities.

Population & Households

ZIP 98271 is home to 30,561 residents, making it a moderately sized community with a strong suburban character. These individuals are distributed across 11,114 households, reflecting a mix of family and individual living arrangements. The total number of housing units stands at 12,040, indicating some availability of vacant or seasonal properties. This balance suggests a stable residential base with room for growth, which could appeal to those looking to settle or invest in the area.

Income & Housing Costs

The median household income in ZIP 98271 is $97,547, a figure that points to a relatively affluent community with solid earning potential. This income level supports a housing market where the median home value is $483,100, reflecting a strong demand for property in the area. For renters, the median rent is $1,851 per month, which aligns with the higher cost of living and suggests that rental properties could be a viable investment. These metrics indicate that ZIP 98271 offers a financially stable environment for residents and businesses alike.

Race & Ethnicity

The demographic composition of ZIP 98271 provides insight into the community’s diversity. The population is predominantly White at 65.85%, with Hispanic or Latino residents making up 12.89% of the area. Asian residents account for 5.42%, while Black or African American residents represent 1.16%. This mix highlights a primarily White community with notable Hispanic and Asian populations, contributing to a culturally varied environment that could influence local businesses, schools, and community services.

Key Facts

• Total population: 30,561 residents in 2023.
• Total households: 11,114, indicating a strong residential base.
• Total housing units: 12,040, with some potential for vacant or seasonal properties.
• Median household income: $97,547, reflecting economic stability.
• Median home value: $483,100, suggesting a competitive real estate market.
• Median rent: $1,851, aligning with the area’s higher cost of living.
• Racial composition: 65.85% White, 12.89% Hispanic, 5.42% Asian, 1.16% Black.

What This Means for You

For homebuyers, ZIP 98271 offers a stable and affluent community with a median home value of $483,100. The higher price point reflects quality housing and a desirable location, likely with good schools and amenities, but it may require a substantial budget or financing plan. Real estate investors and agents will find opportunity in the area’s income levels and housing demand, with potential for both rental properties (given the $1,851 median rent) and home sales. The slight surplus of housing units over households suggests some inventory to work with, though competition may be stiff.

For small-business owners, the population size and income levels indicate a customer base with disposable income, ideal for retail, services, or dining ventures. The diverse demographic mix also means tailoring offerings to varied cultural preferences could be a smart strategy. Analysts can use these metrics to benchmark ZIP 98271 against nearby areas, focusing on income, housing costs, and population trends to inform broader market studies or policy recommendations.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 98271? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
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• Use the insights to make informed decisions, whether you’re buying a home, investing, or planning a business in the area.