Interested in purchasing investment houses in the 98502 zip code in Olympia, WA?
The zip code 98502 is in Thurston county with a latitude of -123.012380000000 and longitude of 47.090520000000, is in the state of Washington. The average asking price of houses and condos is $358,802.00 and the average sale price was $267,421.00. this regions is classified as the Seattle - Tacoma metro area and is in the 360 area code. The location in degrees is 47° 5' 25.872" N, 123° 0' 44.568" W. The county F.I.P.S. is 53067. This zip code contains two cities including Olympia, WA (8.97%), and Tumwater, WA (0.09%) The total land area is 54.4 square miles and the water area is 16.7 square miles. The elevation in this area is 16 - 774 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 98502 is in county number 067 and is L. Sector 00, L. Segment 01, H. Sector 07, and H. Segment 07. The population was 35,399 in 2019 and 30,491 in 2010. Of this, the break down in 2019 was 28,237 urban and 7,161 rural. This further breaks down to 17,615 males (49.8%) and 17,784 females (50.2%). The median age of residents is 39.1 years. The population of the greater Olympia, WA area is 255,549. The population density (people per square mile) is 651. This zip code has a combined total of 15,653 houses and condos. There are 6,403 rented appartments. 44% of residents rent versus the 44% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $66,532 and the average salary is $51,821. The median household income of individuals is $59,844.00 and the average is $87,030.00. This zip code has a mean commute time to work of 24.3 minutes. The unemployment rate is 5.7%. Income earners by percent breakdown as 41.10% (Under $50,000), 34.10% ($50,000-$100,000), and 24.90% earn over $100,000. 15.2% of residents live below poverty line versus the 9.8% in the state that are below this line. The cost of living index is 112.3. The educational breakdown is 95.4% have a high school education or higher, 49.0% have a bachelor's degree or higher, and 20.9% have some kind of profesional degree.
This area has 12,637 households and the average size is 2.4 people. Individuals who are single and have never been married are 36.8%, 45.4% are now married, 1.2% are separated, 4.5% are widowed, and 12.1% are divorced. The average yearly contribution amount given by people to charity was $3,791 versus the state average of $4,465. The percent of residents who gave to charity was 27.9%.
The estimated median value of houses and condos is $404,593. The median monthly owner costs of mortgage holders was $2,061, where as the costs for those who don't have a mortgage are $687. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 4.2.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $3,990. In comparision, the average real estate tax percent rate in the state is 0.9% which equated to an average real estate tax amount payment in the state of $3,601. The median housing property tax percent for residents with mortgages was 1.0% which amounted to an average tax amount of $4,049. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.9% which amounted to an average tax amount of $3,857. Reported taxable interest for persons was $1,924, dividends $6,980, capital gains +$13,753, and itemized deductions $23,763. The average earned income tax credit is $1,756. The percent of individuals that use a tax preparer is 36.8%. The total average income taxes paid by individuals was $6,590. Businesses reported an average profit of $18,038.
Fujiyama Japanese Steakhouse
625 Black Lake Blvd SW, Olympia, WA 98502
Steamboat Grill and Greens
3634 Steamboat Island Rd NW, Olympia, WA 98502
Character's Corner
6620 Sexton Dr NW, Olympia, WA 98502
Tugboat Annies
2100 W Bay Dr NW, Olympia, WA 98502
Mediterranean Breeze
2302 Harrison Ave NW, Olympia, WA 98502
Shipwreck Cafe
244 Madrona Beach Rd NW, Olympia, WA 98502
Dockside Bistro & Wine Bar
501 Columbia St NW Ste B, Olympia, WA 98501 (10.5 miles away)
SSS Fish on
11628 Endicott Rd SW, Olympia, WA 98512 (10.8 miles away)