ZIP 98682 - 860Z200US98682 — Demographic Snapshot (2023)

Overview

If you’re considering ZIP code 98682 in Vancouver, Washington, as a place to live, invest, or start a business, understanding the local demographics and housing landscape is essential. This snapshot provides a detailed look at the area’s population, income levels, housing costs, and cultural diversity based on the latest 2023 data. Whether you’re a homebuyer, real estate investor, small-business owner, or analyst, these insights can help you make informed decisions about opportunities in this dynamic community.

Population & Households

ZIP 98682 is home to a substantial population of 67,297 residents, making it a vibrant and sizable community in the Vancouver area. This population is distributed across 23,628 households, reflecting a mix of family sizes and living arrangements. With 24,288 total housing units in the area, there’s a slight surplus of homes compared to households, which could indicate some availability for new residents or investors looking to enter the market. This balance suggests a stable residential base, ideal for those seeking a well-established neighborhood with room for growth.

Income & Housing Costs

The median household income in ZIP 98682 stands at $95,863, a figure that points to a relatively affluent community with solid earning potential. This income level supports a robust local economy, which can be a draw for businesses and investors. On the housing front, the median home value is $442,100, reflecting a competitive real estate market where properties hold significant value. For renters, the median rent is $1,766 per month, indicating a strong rental market as well. These figures suggest that while homeownership may require substantial investment, the area offers financial stability and potential for long-term appreciation.

Race & Ethnicity

ZIP 98682 showcases a diverse cultural makeup that enriches the community. The racial composition includes 69.0% White, 2.14% Black, 5.66% Asian, and 14.6% Hispanic residents. This diversity creates a welcoming environment for people from various backgrounds, fostering a multicultural atmosphere that can appeal to families, businesses, and investors alike. For small-business owners, this mix offers opportunities to cater to a wide range of customer preferences and needs, while homebuyers may appreciate the inclusive community vibe.

Key Facts

• Total population: 67,297 residents, indicating a large and active community.
• Total households: 23,628, showing a strong residential foundation.
• Total housing units: 24,288, suggesting some availability for new occupants.
• Median household income: $95,863, reflecting economic stability.
• Median home value: $442,100, pointing to a valuable real estate market.
• Median rent: $1,766, indicating a competitive rental landscape.
• Diverse demographics: 69.0% White, 14.6% Hispanic, 5.66% Asian, and 2.14% Black.

What This Means for You

For homebuyers, ZIP 98682 offers a stable and diverse community with a median home value of $442,100, which suggests a solid investment opportunity, though it requires careful financial planning due to the higher entry cost. The slight surplus of housing units (24,288 vs. 23,628 households) may provide some negotiating room in the market. Real estate investors and agents can capitalize on the area’s strong median income of $95,863, which supports both home sales and rental demand at $1,766 monthly. The diversity in the population also means a broad tenant base. Small-business owners will find a sizable customer pool of 67,297 residents and a culturally varied demographic, ideal for tailored products or services. Analysts can use these metrics to benchmark ZIP 98682 against other areas, identifying trends in income, housing, and diversity that signal growth potential.

Run This Study Yourself

• Curious about diving deeper into ZIP 98682 or comparing it with another area? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic data.
• Enter any ZIP code to access detailed reports on population, income, housing, and more, customized to your needs.
• Use the insights to make data-driven decisions, whether you’re buying a home, investing, or planning a business venture.