Interested in purchasing investment houses in the 98053 zip code in Redmond, WA?
The zip code 98053 is in King county with a latitude of -122.019470000000 and longitude of 47.665650000000, is in the state of Washington. The average asking price of houses and condos is $670,990.00 and the average sale price was $528,995.00. this regions is classified as the Seattle - Tacoma metro area and is in the 425 area code. The location in degrees is 47° 39' 56.34" N, 122° 1' 10.092" W. The county F.I.P.S. is 53033. This zip code contains three cities including Union Hill-Novelty Hill, WA (74.08%), Ames Lake, WA (5.15%), and Redmond, WA (5.08%) The total land area is 28.4 square miles and the water area is 0.2 square miles. The elevation in this area is 203 - 548 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 98053 is in county number 003 and is L. Sector 34, L. Segment 00, H. Sector 00, and H. Segment 00. The population was 22,232 in 2019 and 18,784 in 2010. Of this, the break down in 2019 was 21,031 urban and 1,200 rural. This further breaks down to 11,035 males (49.6%) and 11,197 females (50.4%). The median age of residents is 44.0 years. The population of the greater Seattle-Tacoma-Bellevue, WA area is 3,461,985. The population density (people per square mile) is 784. This zip code has a combined total of 8,769 houses and condos. There are 1,199 rented appartments. 14% of residents rent versus the 14% of residents in the state who rent.
The financial status of those living in this area is considered upper middle class. The average individual gross adjusted income is $152,248 and the average salary is $135,723. The median household income of individuals is $130,733.00 and the average is $207,520.00. This zip code has a mean commute time to work of 32.8 minutes. The unemployment rate is 2.9%. Income earners by percent breakdown as 10.80% (Under $50,000), 22.30% ($50,000-$100,000), and 66.90% earn over $100,000. 2.5% of residents live below poverty line versus the 9.8% in the state that are below this line. The cost of living index is 118.9. The educational breakdown is 100.4% have a high school education or higher, 70.5% have a bachelor's degree or higher, and 30.7% have some kind of profesional degree.
This area has 7,108 households and the average size is 2.7 people. Individuals who are single and have never been married are 17.0%, 71.0% are now married, 0.3% are separated, 4.8% are widowed, and 6.9% are divorced. The average yearly contribution amount given by people to charity was $5,159 versus the state average of $4,465. The percent of residents who gave to charity was 51.6%.
The estimated median value of houses and condos is $858,502. The median monthly owner costs of mortgage holders was $3,180, where as the costs for those who don't have a mortgage are $1,024. The median number of rooms in houses and condos are 7.1 versus apartments which had a median number of 5.1.
The real estate tax percent rate is 0.9% which equated to an average real estate tax amount payment of $8,146. 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 0.9% which amounted to an average tax amount of $8,158. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.0% which amounted to an average tax amount of $8,150. Reported taxable interest for persons was $2,768, dividends $12,081, capital gains +$23,143, and itemized deductions $30,994. The average earned income tax credit is $1,379. The percent of individuals that use a tax preparer is 44.4%. The total average income taxes paid by individuals was $10,062. Businesses reported an average profit of $26,050.
Silver Spoon Thai Restaurant
23525 NE Novelty Hill Rd Ste A119, Redmond, WA 98053
Ming's Garden
23515 NE Novelty Hill Rd, Redmond, WA 98053
A & D Thai Food
1743 221st Pl NE, Sammamish, WA 98074 (1.5 miles away)
Vantage Seafood
2436 277th Ave SE, Sammamish, WA 98075 (4.2 miles away)
Sages Restaurant
15916 NE 83rd St, Redmond, WA 98052 (4.3 miles away)
O'Char Restaurant
15600 NE 8th St Ste PM8, Bellevue, WA 98008 (4.3 miles away)