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
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ZIP 98506 vs. Washington vs. U.S.
| Metric | ZIP 98506 | WA Avg. | U.S. Avg. |
|---|---|---|---|
| Population | 18k | 12k | 10k |
| Median Household Income | $88k | $83k | $73k |
| Median Home Value | $409k | $428k | $258k |
| Median Rent | $1,349 | $1,322 | $1,088 |
| Median Age | 47.3 | 43.0 | 43.2 |
| Unemployment Rate | 8.3% | 5.3% | 5.0% |
| Poverty Rate | 11.5% | 11.6% | 13.3% |
| Bachelor's Degree or Higher | 50.8% | 31.1% | 26.9% |
Demographics Charts
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Nearby ZIP Codes
- 98516 – Olympia
- 98505 – Olympia
- 98503 – Lacey
- 98502 – Olympia
- 98351 – Longbranch
- 98501 – Olympia
- 98303 – Anderson Island
- 98327 – Dupont
- 98513 – Olympia
- 98388 – Steilacoom
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 |