ZIP 98382 - 860Z200US98382 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 98382, understanding the local demographics and housing landscape is essential. Located in a vibrant area, this ZIP code offers a mix of residential stability and economic potential. With data from 2023, this snapshot provides a clear picture of the population, income levels, housing costs, and cultural composition. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights will help you make informed decisions about living or working in 98382.

Population & Households

ZIP 98382 is home to a population of 31,225 residents, making it a moderately sized community with a strong residential base. This area supports 14,452 households, reflecting a solid foundation for local businesses and services. The total number of housing units stands at 15,739, indicating a slight surplus of available homes compared to occupied households. This balance suggests opportunities for both homebuyers looking for options and investors eyeing rental or resale potential.

Income & Housing Costs

The median household income in ZIP 98382 is $70,471, which points to a financially stable community with disposable income to support local commerce. Housing costs, however, are notable, with a median home value of $463,800. This figure reflects a competitive real estate market, likely driven by demand for the area’s amenities or location. For renters, the median rent is $1,210 per month, offering a more accessible entry point for those not ready to buy. These numbers highlight the need for careful budgeting, whether you’re purchasing a home or leasing space for a business.

Race & Ethnicity

The demographic makeup of ZIP 98382 is predominantly White, accounting for 85.05% of the population. Other groups include Hispanic residents at 4.23%, Asian residents at 2.13%, and Black residents at 0.85%. This composition suggests a relatively homogenous community with pockets of diversity. For businesses, this could mean tailoring products or services to a primarily White demographic while exploring niche markets for smaller cultural groups. For residents, it offers a glimpse into the community’s cultural fabric and potential social dynamics.

Key Facts

• Total population: 31,225 residents in ZIP 98382.
• Total households: 14,452, supporting a stable community base.
• Total housing units: 15,739, with some availability for new occupants.
• Median household income: $70,471, indicating solid earning potential.
• Median home value: $463,800, reflecting a premium real estate market.
• Median rent: $1,210, offering a more affordable housing option.
• Racial composition: 85.05% White, 4.23% Hispanic, 2.13% Asian, 0.85% Black.

What This Means for You

For homebuyers, ZIP 98382 presents a competitive housing market with a median home value of $463,800. This suggests that while homes are pricey, the area may offer desirable features like good schools, scenic views, or proximity to urban centers. With a median rent of $1,210, renting could be a practical first step to test the community before committing to a purchase.

For investors and real estate agents, the surplus of housing units (15,739 total versus 14,452 households) hints at opportunities for rentals or flips. The median income of $70,471 also indicates that residents can likely afford premium properties or consistent rent payments, reducing investment risk.

For small-business owners, the population of 31,225 and a stable household base provide a reliable customer pool. The income levels suggest spending power for non-essential goods and services, while the demographic breakdown offers clues on how to market effectively to the majority and minority groups in 98382.

For analysts, these metrics provide a foundation for deeper research into economic trends, housing demand, or community needs. The data points to a financially sound area with room for growth in housing occupancy and business development.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 98382? Start by visiting ZipcodeGPT for a user-friendly analysis tool.
• Enter any ZIP code to access up-to-date demographic, income, and housing data tailored to your needs.
• Use the insights to make smarter decisions for your home search, investment strategy, or business plan.