ZIP 98272 - 860Z200US98272 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP code 98272, understanding the area’s demographic and housing landscape is essential. Located in a vibrant part of Washington state, this ZIP code offers a mix of suburban charm and economic potential. With a population of over 32,000 and a strong median household income, it’s a community worth exploring for homebuyers, real estate investors, small-business owners, and data analysts. This snapshot, based on 2023 data, breaks down the key metrics to help you make informed decisions about living, investing, or operating in 98272.

Population & Households

ZIP code 98272 is home to a population of 32,055 residents, making it a moderately sized community with a diverse range of needs and opportunities. These individuals are distributed across 10,054 households, reflecting a robust residential base. The total number of housing units stands at 10,313, indicating a slight surplus of available homes compared to occupied households. This balance suggests potential for growth or flexibility for newcomers looking to settle in the area. Whether you’re a family seeking a new home or an investor eyeing rental opportunities, the population and household figures point to a stable, active community.

Income & Housing Costs

One of the standout metrics for ZIP 98272 is its median household income of $115,894, which signals a financially strong community. This income level positions residents well above the national average, offering significant purchasing power for local businesses and a promising market for real estate. On the housing front, the median home value is $638,300, reflecting a high-demand area with substantial property appreciation potential. For renters, the median rent is $1,902 per month, which aligns with the area’s elevated cost of living but also indicates a lucrative rental market for investors. These figures highlight 98272 as a premium location for both living and investing.

Race & Ethnicity

The demographic makeup of ZIP code 98272 offers insight into its cultural diversity. The population is predominantly White at 71.62%, with Hispanic or Latino residents making up 13.69% of the community. Asian residents account for 5.74%, while Black or African American individuals represent 2.36%. This diversity fosters a multifaceted community environment, which can be a draw for families seeking inclusive neighborhoods and businesses aiming to serve a varied customer base. Understanding these demographics can help tailor real estate strategies or marketing approaches to resonate with the local population.

Key Facts

• Total population in ZIP 98272: 32,055 residents.
• Total households: 10,054, supporting a strong residential foundation.
• Total housing units: 10,313, with a small surplus of available homes.
• Median household income: $115,894, indicating significant economic strength.
• Median home value: $638,300, reflecting a high-value real estate market.
• Median rent: $1,902, pointing to a competitive rental landscape.
• Racial composition: 71.62% White, 13.69% Hispanic, 5.74% Asian, 2.36% Black.

What This Means for You

For homebuyers, ZIP 98272 offers a prosperous community with a high median income and home values that suggest long-term investment potential. The slight surplus of housing units could mean more options, but the $638,300 median price tag requires careful financial planning. Real estate investors and agents will find a promising market here, with strong rental demand at $1,902 median rent and opportunities for property appreciation. The diverse population also means a broad tenant pool. For small-business owners, the high median income of $115,894 indicates residents have disposable income to spend on local goods and services, while the cultural diversity offers a chance to cater to varied tastes. Analysts can use these metrics to benchmark 98272 against other ZIP codes, identifying trends in housing affordability or demographic shifts. Across all groups, this area stands out as a dynamic, opportunity-rich location.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 98272? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing data.
• Enter any ZIP code to access up-to-date metrics on population, income, housing costs, and more, tailored to your needs.
• Use the insights to inform your next move, investment, or business strategy with confidence and precision.