98506 ZIP Code – Olympia, Washington

98506 is a ZIP code serving Olympia, Washington in Thurston County with a population of approximately 18,968 residents. The median household income is $88,512 — near the Washington average and above the national average. At $409,800, median home values run well above the national average, with 66.3% owner-occupied housing (decreasing). , and the median rent of $1,349 is above the national average. Housing consists of 70% single-family (increasing), 22% apartments (increasing).

The unemployment rate is 8.3%, well above the national average. The poverty rate of 11.5% is near the U.S. average. About 50.8% of residents have completed a four-year degree, well above the national rate. Residents have a median age of 47.3, near the U.S. median. The surrounding area includes ZIP codes 98516, 98505, 98503.

ZIP Code 98506 Data

Population 18,968
Median Household Income $88,512
Median Home Value $409,800
Median Rent $1,349
Median Age 47.3
Unemployment Rate 8.3%
Poverty Rate 11.5%
Bachelor's Degree or Higher 50.8%
State Washington

ZIP 98506 vs. Washington vs. U.S.

MetricZIP 98506WA Avg.U.S. Avg.
Population18k12k10k
Median Household Income$88k$83k$73k
Median Home Value$409k$428k$258k
Median Rent$1,349$1,322$1,088
Median Age47.343.043.2
Unemployment Rate8.3%5.3%5.0%
Poverty Rate11.5%11.6%13.3%
Bachelor's Degree or Higher50.8%31.1%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
98516 OLYMPIA 27,212 $89,378
98505 OLYMPIA 403 Not provided
98503 LACEY 42,263 $78,508
98502 OLYMPIA 35,551 $85,540
98351 LONGBRANCH 1,119 $130,000