Most Expensive Federal Way Neighborhoods
Federal Way is a larger medium-sized coastal city (i.e. on the ocean, a bay, or inlet) located in the state of Washington. With a population of 95,171 people and 18 constituent neighborhoods, Federal Way is the 11th largest community in Washington.
Housing costs in Federal Way are among some of the highest in the nation, although real estate prices here don't compare to real estate prices in the most expensive communities in Washington.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Federal Way is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Federal Way is a city of sales and office workers, service providers and professionals. There are especially a lot of people living in Federal Way who work in office and administrative support (16.58%), sales jobs (10.83%) and management occupations (8.93%).
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.
Federal Way is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
One downside of living in Federal Way is that it can take a long time to commute to work. In Federal Way, the average commute to work is 31.41 minutes, which is quite a bit higher than the national average. On the other hand, local public transit is widely used in the city, so leaving the car at home and taking transit is often a viable alternative.
For the size of the city, public transportation in Federal Way is quite heavily used. Mostly, people who use it for their daily commute are taking the bus. For Federal Way, the benefits are reduced air pollution and congestion on the highways.
In terms of college education, Federal Way is somewhat better educated than the 21.84% who have a 4-year degree or higher in the typical US community: 25.67% of adults 25 and older in the city have at least a bachelor's degree.
The per capita income in Federal Way in 2010 was $27,145, which is upper middle income relative to Washington and the nation. This equates to an annual income of $108,580 for a family of four. However, Federal Way contains both very wealthy and poor people as well.
Federal Way is an extremely ethnically-diverse city. The people who call Federal Way home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Federal Way residents report their race to be White, followed by Asian. Federal Way also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 17.29% of the city’s residents. Important ancestries of people in Federal Way include German, Irish, English, Norwegian, Italian and European.
Foreign born people are also an important part of Federal Way's cultural character, accounting for 23.67% of the city’s population.
The languages spoken by people in Federal Way are also diverse. These are tabulated as the languages people preferentially speak when they are at home with their families. The most common language spoken in Federal Way is English. Other important languages spoken here include Spanish, Korean and Tagalog.
|FEDERAL WAY INFORMATION||DETAILS|
|NUMBER OF HOMES AND APARTMENTS||34,064|
|FEDERAL WAY HOME OWNERSHIP|
|% OWNER OCCUPIED||54.50%|
|% RENTER OCCUPIED||45.50%|
|TYPE OF FEDERAL WAY HOMES|
|SINGLE FAMILY DETACHED||51.48%|
|ROWHOUSES AND ATTACHED HOMES||3.23%|
|SMALL APARTMENT BUILDINGS||12.54%|
|COMPLEXES OR HIGH RISE APARTMENTS||28.15%|
|SIZE OF FEDERAL WAY HOMES|
|5 OR MORE BEDROOMS||4.85%|
|AGE OF FEDERAL WAY HOMES|
|NEWER HOMES (2000 OR LATER)||7.48%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||70.16%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||21.09%|
|HISTORIC (1939 OR BEFORE)||1.27%|
|FEDERAL WAY REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$300,644|
|MEDIAN RENTAL PRICE||$1,842|
|HOME VALUE RANGE|
|$0 - $60,000||6.00%|
|$60,001 - $121,000||3.06%|
|$121,001 - $241,000||22.47%|
|$241,001 - $362,000||38.67%|
|$362,001 - $483,000||17.98%|
|$483,001 - $604,000||5.45%|
|$604,001 - $906,000||5.16%|
|$906,001 - $1,207,000||0.51%|
|PEOPLE OF FEDERAL WAY||DETAILS|
|UNDER 5 YEARS||6.82%|
|5 TO 17||17.21%|
|18 TO 24||11.00%|
|25 TO 34||14.08%|
|35 TO 54||27.58%|
|55 TO 64||11.68%|
|65 YEARS AND OVER||11.64%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||89.47%|
|MEDIAN HOUSEHOLD INCOME||$54,186|
|PER CAPITA INCOME||$27,145|
|INDIVIDUALS BELOW POVERTY LEVEL||16.23%|
|INDUSTRIES PEOPLE WORK IN||Healthcare (14.27%)
Professional, scientific, and technical services (4.90%)
Public Service (4.25%)
Real estate (2.36%)
|BLACK OR AFRICAN AMERICAN||9.86%|
|AMERICAN INDIAN AND ALASKA NATIVE||1.09%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||1.59%|
|SOME OTHER RACE ALONE||4.57%|
|TWO OR MORE RACES||6.76%|
|HISPANIC OR LATINO (OF ANY RACE)||17.29%|
|ETHNICITIES PRESENT||German (12.84%)
|LANGUAGES SPOKEN||English (67.35%)
Slavic languages (1.52%)
African languages (1.28%)
Pacific Island languages (1.16%)
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