ZIP 98901 - 860Z200US98901 — Demographic Snapshot (2023)

Overview

If you're considering ZIP code 98901 for your next home, investment, or business venture, this demographic and housing snapshot offers a clear picture of the area in 2023. Located in a dynamic region, 98901 is home to a diverse population and a housing market with accessible entry points. Whether you're a homebuyer, real estate investor, small-business owner, or data analyst, understanding the key metrics of this area can help you make informed decisions. Let’s dive into the numbers and uncover what makes 98901 unique.

Population & Households

ZIP code 98901 has a total population of 32,080 residents as of 2023, making it a moderately sized community with a mix of urban and suburban characteristics. These residents are distributed across 11,355 households, reflecting a variety of family structures and living arrangements. With 12,201 total housing units in the area, there’s a slight surplus of available homes compared to occupied households, which could indicate opportunities for buyers or renters looking to move in.

Income & Housing Costs

The median household income in 98901 stands at $56,429, which provides a solid economic foundation for many families and individuals in the area. This income level suggests a community with moderate purchasing power, relevant for small businesses targeting local customers. On the housing front, the median home value is $268,100, offering a relatively affordable entry point compared to many urban markets. For renters, the median rent is $996 per month, which aligns with the income levels and provides options for those not ready to buy. These figures highlight 98901 as a potentially cost-effective area for both living and investing.

Race & Ethnicity

The demographic makeup of ZIP code 98901 reflects a richly diverse community. The population is composed of 39.26% White, 1.47% Black, 0.63% Asian, and a significant 54.44% Hispanic or Latino residents. This diversity shapes the cultural fabric of the area, influencing local businesses, schools, and community events. For business owners and investors, this mix presents opportunities to cater to a wide range of cultural preferences and needs, while homebuyers may appreciate the vibrant, inclusive atmosphere.

Key Facts

• Total population: 32,080 residents in 2023, indicating a mid-sized community.
• Total households: 11,355, with diverse family and living arrangements.
• Total housing units: 12,201, suggesting some availability for new residents or investors.
• Median household income: $56,429, reflecting moderate economic stability.
• Median home value: $268,100, an accessible price point for many buyers.
• Median rent: $996, offering affordable rental options.
• Racial composition: 54.44% Hispanic, 39.26% White, 1.47% Black, 0.63% Asian, showcasing diversity.

What This Means for You

For homebuyers, ZIP code 98901 offers a compelling mix of affordability and community diversity. With a median home value of $268,100, it’s a feasible option for first-time buyers or those looking to downsize without sacrificing quality of life. The slight surplus of housing units (12,201 total versus 11,355 households) could mean less competition in the market, giving you room to negotiate.

Real estate investors and agents will find potential in 98901’s housing dynamics. The combination of moderate home values and a growing, diverse population suggests room for appreciation over time, especially if demand increases. Rental properties could also be a smart play, with median rents at $996 providing steady cash flow for landlords catering to the area’s workforce and families.

Small-business owners can leverage the area’s diversity and median income of $56,429 to tailor products or services to a broad customer base. The significant Hispanic population (54.44%) opens doors for culturally relevant offerings, from food to retail, while the community’s size ensures a steady local market. Analysts, meanwhile, can use these metrics as a baseline to track trends in housing affordability and demographic shifts in 98901 over time.

Run This Study Yourself

• Curious about other ZIP codes or want to dive deeper into 98901’s data? Start by visiting ZipcodeGPT for a user-friendly platform to explore demographic and housing insights.
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