ZIP Code 98023 — Federal way, WA

King | 2024 Census Data

Key Takeaway

ZIP code 98023 in Federal way, WA has a population of 50,448 with a median household income of $104,893 and a median home value of $589,900 . The cost of living index is 189.7 (national average = 100).

Population & Age

Total Population
50,448
Median Age
38.60
Male
26,203
Female
24,245

Race & Ethnicity

White
42.4%
Black
14.6%
Hispanic
16.0%
Asian
16.4%
Native American
1.1%
Pacific Islander
3.3%
Two or More
14.3%
Other
7.8%

Income

Median Household
$104,893
Mean Household
$130,136
Per Capita
$46,636
Below Poverty
9.0%

Housing

Median Home Value
$589,900
Median Rent
$1,900
Total Units
18,564
Occupied
17,752
Owner Occupied
65.6%
Renter Occupied
34.4%
Median Year Built
1984
Vacant
812

Education

High School or Higher 92.0%
Bachelor's or Higher 33.9%
Graduate Degree 10.4%

Employment & Commuting

Labor Force
27,173
Unemployment
3.8%
Drive Alone
66.6%
Public Transit
3.6%
Work from Home
17.4%
Avg Commute
N/A

Cost of Living Index

189.7
National average = 100. Above average by 89.7%.

Nearby ZIP Codes

98155
Lk forest park
1.1 mi
98199
Seattle
1.1 mi
98011
Bothell
2.1 mi
98021
Bothell
2.5 mi
98036
Brier
2.9 mi
98043
Mountlake terrac
3.4 mi
98034
Kirkland
3.8 mi
98012
Mill creek
4.9 mi
98028
Kenmore
5.6 mi
98026
Edmonds
5.8 mi
98037
Lynnwood
6.0 mi
98020
Woodway
6.5 mi

Other ZIP Codes in Federal way

98003
Pop: 51,619

Compare This ZIP Code

Frequently Asked Questions

What is the population of ZIP code 98023?

ZIP code 98023 (Federal way, WA) has a total population of 50,448 according to the 2024 American Community Survey.

What is the median household income in ZIP code 98023?

The median household income in ZIP code 98023 is $104,893 per year, based on 2024 Census Bureau data.

What city is ZIP code 98023 in?

ZIP code 98023 is primarily located in Federal way, Washington (WA).

What is the median home value in ZIP code 98023?

The median home value in ZIP code 98023 is $589,900, based on the 2024 American Community Survey 5-year estimates.

What is the median age in ZIP code 98023?

The median age in ZIP code 98023 is 38.60 years, compared to the national median of 38.9 years.