98003 ZIP Code – Federal Way, Washington
ZIP code 98003 is a large ZIP code located in Federal Way, Washington, within King County with a population of approximately 51,329 residents. The median household income of $67,547 is below the Washington average and near the national average. Homes in this ZIP code have a median value of $403,200, well above the national average, with 46.9% owner-occupied housing (decreasing). , with median rent coming in at $1,570 — above the national figure. Housing consists of 39% single-family (decreasing), 42% apartments (increasing), 12% duplex/multi-family.
The unemployment rate is 6.5%, above the national average. The poverty rate is 14.3%, near the national average. An estimated 27.7% of adults hold a bachelor's degree or higher, near the national average. The population has a median age of 36.4, below the national median. The surrounding area includes ZIP codes 98023, 98001, 98354.
ZIP Code 98003 Data
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ZIP 98003 vs. Washington vs. U.S.
| Metric | ZIP 98003 | WA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 51k | 12k | 10k |
| Median Household Income | $67k | $83k | $73k |
| Median Home Value | $403k | $428k | $258k |
| Median Rent | $1,570 | $1,322 | $1,088 |
| Median Age | 36.4 | 43.0 | 43.2 |
| Unemployment Rate | 6.5% | 5.3% | 5.0% |
| Poverty Rate | 14.3% | 11.6% | 13.3% |
| Bachelor's Degree or Higher | 27.7% | 31.1% | 26.9% |
Demographics Charts
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Education Level (adults 25+)
Nearby ZIP Codes
- 98023 – Federal Way
- 98001 – Auburn
- 98354 – Milton
- 98422 – Tacoma
- 98047 – Pacific
- 98002 – Auburn
- 98421 – Tacoma
- 98424 – Fife
- 98198 – Seattle
- 98032 – Kent
Nearby ZIP Code Comparison
| ZIP Code | City | Population | Median Income |
|---|---|---|---|
| 98023 | FEDERAL WAY | 50,778 | $98,057 |
| 98001 | AUBURN | 35,842 | $103,338 |
| 98354 | MILTON | 8,146 | $91,338 |
| 98422 | TACOMA | 22,066 | $111,991 |
| 98047 | PACIFIC | 7,014 | $98,056 |