98502 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Thurston County
Centroid: Latitude 47.034, Longitude -122.969
Time Zone: Pacific Time Zone (UTC -8 hours)
Observes DST: Yes

ZIP Code 98502 has segments in 2 Counties (Mason, Thurston).

Businesses Addresses: 955
PO Box Addresses: 0
Residential Addresses: 15,504

Multi-Family Addresses: 2,814
Single Family Addresses: 12,690

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2022, Maps updated: May 5, 2022.

Olympia, WA 98502 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	36,619 (100%)
Population in Households	35,301 (96.4%)
Population in Families	24,564 (67.1%)
Population in Group Quarters¹	1,318 ( 3.6%)
Population Density	624
Diversity Index²	51


INCOME
Median Household Income	$83,568
Average Household Income	$116,532
% of Income for Mortgage⁴	28%
Per Capita Income	$48,886
Wealth Index⁵	130

HOUSING
Total HU (Housing Units)	16,274 (100%)
Owner Occupied HU	8,890 (54.6%)
Renter Occupied HU	6,365 (39.1%)
Vacant Housing Units	1,019 ( 6.3%)
Median Home Value	$443,880
Average Home Value	$514,750
Housing Affordability Index³	86

HOUSEHOLDS
Total Households	15,255
Average Household Size	2.31
Family Households	8,545
Average Family Size	3.00

NOTES

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.
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.
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.
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).
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.

Olympia, WA 98502 - Peer Comparisons by Rank and Percentile

The table below compares 98502 to the other 589 ZIP Codes in Washington by rank and percentile using July 1, 2022 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.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.52%	0.44%
Households	0.32%	0.33%
Families		0.39%
Median Household Income		3.99%
Per Capita Income		3.27%
Owner Occupied HU		0.83%

Variable Description	Rank	Percentile
Total Population	# 69	88th
Population Density	# 190	68th
Median Household Income	# 199	66th
Housing Affordability Index	# 219	37th
Per Capita Income	# 134	77th
Diversity Index	# 240	59th

98502 ZIP Code Profile, Map, Data & Demographics

ZIP Code 98502: Basic Data & USPS Preferred City Name

Olympia, WA 98502 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Olympia, WA 98502 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 98502

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