ZIP 99301 - 860Z200US99301 — Demographic Snapshot (2023)

Overview

If you’re considering a move, investment, or business opportunity in ZIP 99301, located in the heart of Washington state, this demographic and housing snapshot offers a clear picture of the area’s current landscape. With data from 2023, we’ll break down key metrics like population, income, housing costs, and racial composition to help homebuyers, real estate investors, small-business owners, and analysts make informed decisions. Whether you’re eyeing a family home, a rental property, or a commercial venture, understanding ZIP 99301’s profile is the first step to success.

Population & Households

ZIP 99301 is home to a substantial population of 86,467 residents as of 2023, making it a vibrant and active community. This area supports 26,437 households, reflecting a strong base of families and individuals. With 27,700 total housing units available, there’s a modest buffer of unoccupied or potential rental properties, which could signal opportunities for investors or buyers looking for availability. The population size and household density suggest a bustling area with demand for goods, services, and housing—a key consideration for anyone planning to settle or invest here.

Income & Housing Costs

The median household income in ZIP 99301 stands at $82,517, indicating a relatively strong earning capacity among residents. This income level supports a robust local economy, which can be a draw for businesses seeking a stable customer base. On the housing front, the median home value is $353,300, reflecting a competitive yet accessible market for potential buyers. For renters, the median rent is $1,195 per month, offering a more affordable alternative to homeownership. These figures provide a balanced view of affordability and investment potential, whether you’re looking to buy, rent, or develop in this area.

Race & Ethnicity

ZIP 99301 boasts a diverse community, with a racial and ethnic composition that enriches its cultural fabric. The breakdown shows 55.43% of residents identifying as Hispanic, making it the largest demographic group in the area. White residents account for 36.96%, while Black and Asian populations are smaller at 1.78% and 1.59%, respectively. This diversity can be a significant asset for businesses aiming to cater to varied cultural preferences or for families seeking an inclusive environment. Understanding this mix is crucial for tailoring real estate offerings or commercial strategies to the community’s unique needs.

Key Facts

• Total population in ZIP 99301: 86,467 residents.
• Total households: 26,437, supporting a dense community network.
• Total housing units: 27,700, with some availability for new occupants.
• Median household income: $82,517, indicating solid economic stability.
• Median home value: $353,300, a competitive price point for the region.
• Median rent: $1,195, offering affordability for renters.
• Dominant demographic: Hispanic at 55.43%, reflecting significant cultural diversity.

What This Means for You

For homebuyers, ZIP 99301 presents a promising market with a median home value of $353,300 and a diverse, welcoming community of over 86,000 people. The income levels suggest neighbors with stable finances, which can contribute to a secure, thriving neighborhood. Real estate investors and agents will note the slight surplus of housing units over households, hinting at potential for rental properties or flips, especially with a median rent of $1,195 that appeals to a broad tenant base. Small-business owners can leverage the area’s diversity and solid median income of $82,517 to target a wide range of customers, particularly by offering products or services that resonate with the majority Hispanic population. Analysts can use these metrics to benchmark ZIP 99301 against nearby areas for deeper market studies. Whatever your goal, this data equips you to act with confidence.

Run This Study Yourself

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