Federal Way, WA Profile: Facts & Data

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Federal Way, Washington - Basic Facts

The City of Federal Way is the 10th largest city in Washington with a population of 99,774 as of July 1, 2020. Federal Way ranks in the upper quartile for Population Density and Diversity Index when compared to the other cities, towns and Census Designated Places (CDPs) in Washington. See peer rankings below.

The primary coordinate point for Federal Way is located at latitude 47.3223 and longitude -122.3126 in King County. The formal boundaries for the City of Federal Way encompass a land area of 22.26 sq. miles and a water area of 0.2 sq. miles. King County is in the Pacific time zone (GMT -8). The elevation is 463 feet.

The City of Federal Way (GNIS ID: 2410494) has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Washington is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The City of Federal Way is located within Federal Way-Auburn Division of King County.


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Federal Way, WA Data & Demographics (As of July 1, 2020)

POPULATION

Total Population 99,774 (100%)
Population in Households 99,029 (99.3%)
Population in Families 79,992 (80.2%)
Population in Group Quarters1 745 ( 0.7%)
Population Density 4,475
Diversity Index2 79
 
 

INCOME

Median Household Income $72,532
Average Household Income $97,334
% of Income for Mortgage4 21%
Per Capita Income $35,539
Wealth Index5 106
 

HOUSING

Total HU (Housing Units) 38,582 (100%)
Owner Occupied HU 20,105 (52.1%)
Renter Occupied HU 16,293 (42.2%)
Vacant Housing Units 2,185 ( 5.7%)
Median Home Value $367,823
Average Home Value $427,561
Housing Affordability Index3 106
 

HOUSEHOLDS

Total Households 36,397
Average Household Size 2.72
Family Households 24,464
Average Family Size 3
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

GROWTH RATE / YEAR

2010-2020 2020-2025
Population 1.09% 1.02%
Households 0.9% 0.89%
Families 1.03% 0.98%
Median Household Income   1.99%
Per Capita Income   2.14%
Owner Occupied HU   1.15%

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Federal Way, WA - Peer Comparisons by Rank and Percentile

The table below compares Federal Way to the other 625 incorporated cities, towns and CDPs in Washington by rank and percentile using July 1, 2020 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 10 99th
Population Density # 31 95th
Median Household Income # 245 61st
Housing Affordability Index # 152 24th
Per Capita Income # 248 60th
Diversity Index # 34 95th

Additional comparisons and rankings can be made with a VERY EASY TO USE Washington Census Data Comparison Tool.

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