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Median House Value:

Federal Way, WA real estate and demographic information

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Federal Way zip codes98023, 98003, 98198

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POPULATION
83,233

Federal Way, WA Information

FEDERAL WAY INFORMATION DETAILS
POPULATION 83,233
NUMBER OF HOMES AND APARTMENTS 32,589
FEDERAL WAY HOME OWNERSHIP
% OWNER OCCUPIED 54.30%
% RENTER OCCUPIED 42.26%
% VACANT 3.44%
TYPE OF FEDERAL WAY HOMES
SINGLE FAMILY DETACHED 51.70%
ROWHOUSES AND ATTACHED HOMES 3.69%
SMALL APARTMENT BUILDINGS 9.12%
COMPLEXES OR HIGH RISE APARTMENTS 31.66%
MOBILE HOMES 3.78%
OTHER 0.05%
SIZE OF FEDERAL WAY HOMES
NO BEDROOM 3.30%
1 BEDROOM 16.49%
2 BEDROOMS 25.58%
3 BEDROOMS 34.80%
4 BEDROOMS 16.26%
5 OR MORE BEDROOMS 3.57%
AGE OF HOMES
NEWER HOMES (1995 OR LATER) 6.52%
ESTABLISHED, BUT NOT OLD HOMES (1970-1994) 72.00%
WELL-ESTABLISHED, OLD HOMES (1940-1969) 20.38%
HISTORIC (1939 OR BEFORE) 1.10%


FEDERAL WAY REAL ESTATE INFORMATION DETAILS
MEDIAN HOME VALUE $341,974
MEDIAN RENTAL PRICE $1,194
HOME VALUE RANGE
$0-$104,000 5.52%
$104,001-$207,000 6.52%
$207,001-$413,000 60.84%
$413,001-$621,000 18.77%
$621,001-$827,000 5.19%
$827,001-$1,034,000 1.79%
$1,034,001-$1,551,000 0.84%
$1,551,001-$2,069,000 0.33%
> $2,069,000 0.20%


PEOPLE OF Federal Way DETAILS
POPULATION DISTRIBUTION
UNDER 5 YEARS 7.85%
5 TO 17 20.14%
18 TO 24 9.79%
25 TO 34 16.23%
35 TO 54 30.92%
55 TO 64 7.32%
65 YEARS AND OVER 7.74%
EDUCATIONAL ATTAINMENT OF ADULTS
HIGH SCHOOL GRADUATES 89.26%
COLLEGE GRADUATES 26.19%
MEDIAN HOUSEHOLD INCOME $49,278
PER CAPITA INCOME $22,451
INDIVIDUALS BELOW POVERTY LEVEL 9.31%
INDUSTRIES PEOPLE WORK IN Manufacturing (15.25%), Retail (12.58%), Healthcare (9.75%), Transportation (8.78%), Accomodation (6.89%), Construction (6.21%), Education (5.49%), Wholesale (5.22%), Finance (5.01%), Other (4.75%), Professional, scientific, and technical services (4.42%), Public Service (3.97%), Administration (3.76%), Information Technology (3.06%), Real Estate (2.25%)
ATTENDING COLLEGE 5.40%
RACIAL MAKEUP
WHITE 68.41%
BLACK OR AFRICAN AMERICAN 7.50%
AMERICAN INDIAN AND ALASKA NATIVE 0.86%
ASIAN 12.21%
NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDER 1.08%
SOME OTHER RACE ALONE 3.70%
TWO OR MORE RACES 6.25%
HISPANIC OR LATINO (OF ANY RACE) 7.64%
ETHNICITIES PRESENT Other Groups (29.52%), Unclassified (17.32%), German (10.89%), English (6.37%), Irish (5.86%), United States or American (4.48%), Norwegian (3.84%), Italian (2.03%)
FOREIGN BORN 17.45%
LANGUAGES SPOKEN English (72.44%) , Korean (4.84%) , Spanish (4.50%)
About Federal Way

Federal Way is a larger medium-sized coastal city (ie. on the ocean or tidally-influenced rivers) located in the state of Washington. With a population of 83,233 people and 11 constituent neighborhoods, Federal Way is the seventh largest community in Washington.

Unlike some cities, Federal Way isn't mainly white- or blue-collar. Instead, the most prevalent occupations for people in Federal Way are a mix of both white- and blue-collar jobs. Overall, Federal Way is a city of sales and office workers, professionals, and managers. There are especially a lot of people living in Federal Way who work in office and administrative support jobs (18.67%), sales jobs (13.11%), and management occupations (9.49%).

Also of interest is that Federal Way has more people living here who work in computers and math than 95% of the places in the US.

One of the nice things about Federal Way is that is it nautical, meaning that parts of the city are somewhat historic and on the ocean, or touch tidal bodies of water, such as inlets and tidal rivers. Because of this, visitors and locals will often go to these areas to take in the scenery or to enjoy waterfront activities.

One downside of living in Federal Way, however, is that residents on average have to contend with a long commute, spending on average 30.22 minutes every day commuting to work.

Federal Way Information and Demographics

In terms of college education, Federal Way is substantially better educated than the typical community in the nation, which has 14.96% of the adults holding a bachelor's degree or graduate degree: 26.19% of adults in Federal Way have a college degree.

The per capita income in Federal Way in 2000 was $22,451, which is upper middle income relative to Washington and the nation. This equates to an annual income of $89,804 for a family of four.

Federal Way is a very ethnically-diverse city. The people who call Federal Way home come from a variety of different races and ancestries. The most prevalent race in Federal Way is White, followed by Asian. Important ancestries of people in Federal Way include German, English, Irish, Norwegian, and Italian.

Foreign born people are also an important part of Federal Way's cultural character, accounting for 17.45% of the city's population.

The most common language spoken in Federal Way is English. Other important languages spoken here include Korean and Spanish.

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