98502 ZIP Code Demographics & Rankings

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: 951
PO Box Addresses: 0
Residential Addresses: 15,374

Multi-Family Addresses: 2,803
Single Family Addresses: 12,571

The ZIP Code maps and database are updated 4 times per year.
Database updated: January 1, 2021, Maps updated: November 4, 2020.

Olympia, WA 98502 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	36,032 (100%)
Population in Households	35,151 (97.6%)
Population in Families	24,643 (68.4%)
Population in Group Quarters¹	881 ( 2.4%)
Population Density	634
Diversity Index²	44


INCOME
Median Household Income	$75,838
Average Household Income	$99,567
% of Income for Mortgage⁴	22%
Per Capita Income	$42,274
Wealth Index⁵	122

HOUSING
Total HU (Housing Units)	16,419 (100%)
Owner Occupied HU	8,490 (51.7%)
Renter Occupied HU	6,713 (40.9%)
Vacant Housing Units	1,216 ( 7.4%)
Median Home Value	$400,000
Average Home Value	$496,999
Housing Affordability Index³	107

HOUSEHOLDS
Total Households	15,203
Average Household Size	2.31
Family Households	8,674
Average Family Size	3

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 588 ZIP Codes 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	1.62%	1.62%
Households	1.8%	1.62%
Families	1.59%	1.5%
Median Household Income		1.19%
Per Capita Income		1.96%
Owner Occupied HU		1.5%

Variable Description	Rank	Percentile
Total Population	# 69	88th
Population Density	# 185	69th
Median Household Income	# 172	71st
Housing Affordability Index	# 183	31st
Per Capita Income	# 137	77th
Diversity Index	# 251	57th

Olympia, WA 98502 ZIP Code Profile

ZIP Code 98502: Basic Data & USPS Preferred City Name

Olympia, WA 98502 Data & Demographics (As of July 1, 2020)

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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