ZIP 98311 - 860Z200US98311 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 98311, located in the Bremerton area of Washington, this demographic and housing snapshot offers a clear picture of the community in 2023. With a population of nearly 28,000 and a robust median household income, this area presents a blend of stability and diversity. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, understanding the makeup of ZIP 98311 can guide your next steps. Let’s break down the key metrics to help you make informed decisions.

Population & Households

ZIP 98311 is home to 27,947 residents, making it a moderately sized community with a suburban feel. These individuals are distributed across 10,471 households, reflecting a strong residential base. The total number of housing units stands at 11,019, indicating a slight surplus of available homes relative to occupied households. This balance suggests potential opportunities for buyers or renters looking to settle in the area, as well as for investors eyeing vacant properties.

Income & Housing Costs

Financially, ZIP 98311 stands out with a median household income of $98,714, which is notably higher than many national averages. This figure points to a community with solid earning power, likely attracting families and professionals seeking a comfortable lifestyle. On the housing front, the median home value is $448,100, reflecting a competitive real estate market that aligns with the area’s income levels. For renters, the median rent is $1,792 per month, which, while significant, remains within reach for many households given the income data. These numbers highlight ZIP 98311 as a place where housing costs are substantial but supported by strong local earnings.

Race & Ethnicity

The demographic composition of ZIP 98311 offers insight into its cultural diversity. The majority of residents identify as White, accounting for 66.96% of the population. Hispanic or Latino residents make up 9.15%, while Asian individuals represent 9.0%, and Black or African American residents comprise 2.87%. This mix indicates a predominantly White community with meaningful representation from other racial and ethnic groups, fostering a varied social environment. For businesses and investors, this diversity can translate into a broad customer base or tenant pool with differing needs and preferences.

Key Facts

• Total population: 27,947 residents in ZIP 98311 as of 2023.
• Total households: 10,471, supporting a stable residential community.
• Total housing units: 11,019, with some availability for new occupants.
• Median household income: $98,714, indicating strong local earning capacity.
• Median home value: $448,100, reflecting a competitive housing market.
• Median rent: $1,792, a notable but manageable cost for many residents.
• Racial composition: 66.96% White, 9.15% Hispanic, 9.0% Asian, 2.87% Black.

What This Means for You

For homebuyers, ZIP 98311 offers a promising market with a median home value of $448,100, backed by a community with strong incomes averaging $98,714. This suggests you’re investing in a stable area with potential for long-term value growth, though you’ll need to budget accordingly for the competitive pricing. Real estate investors and agents can take advantage of the slight surplus of housing units (11,019 total versus 10,471 households), which may indicate opportunities for rentals or flips, especially with a median rent of $1,792 attracting reliable tenants. Small-business owners will find a diverse customer base of nearly 28,000 residents, with disposable income to support local services and retail—consider tailoring offerings to the cultural mix, including Hispanic and Asian communities. Analysts can use these metrics to benchmark ZIP 98311 against neighboring areas, focusing on income and housing trends to predict future growth.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into ZIP 98311? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
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