Interested in purchasing investment houses in the 98501 zip code in Olympia, WA?
The zip code 98501 is in Thurston county with a latitude of -122.870890000000 and longitude of 46.979010000000, is in the state of Washington. The average asking price of houses and condos is $323,456.00 and the average sale price was $272,600.00. this regions is classified as the Seattle - Tacoma metro area and is in the 360 area code. The location in degrees is 46° 58' 44.436" N, 122° 52' 15.204" W. The county F.I.P.S. is 53067. This zip code contains three cities including Olympia, WA (22.56%), Tumwater, WA (17.78%), and Lacey, WA (0.02%) The total land area is 34.4 square miles and the water area is 1.3 square miles. The elevation in this area is 118 - 289 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 98501 is in county number 067 and is L. Sector 00, L. Segment 01, H. Sector 08, and H. Segment 08. The population was 43,341 in 2019 and 38,133 in 2010. Of this, the break down in 2019 was 40,733 urban and 2,607 rural. This further breaks down to 21,011 males (48.5%) and 22,330 females (51.5%). The median age of residents is 40.7 years. The population of the greater Olympia, WA area is 255,549. The population density (people per square mile) is 1,258. This zip code has a combined total of 18,670 houses and condos. There are 7,267 rented appartments. 41% of residents rent versus the 41% 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 $63,030 and the average salary is $53,393. The median household income of individuals is $58,662.00 and the average is $80,300.00. This zip code has a mean commute time to work of 23.3 minutes. The unemployment rate is 4.8%. Income earners by percent breakdown as 43.30% (Under $50,000), 35.20% ($50,000-$100,000), and 21.50% earn over $100,000. 9.2% of residents live below poverty line versus the 9.8% in the state that are below this line. The cost of living index is 110.9. The educational breakdown is 95.5% have a high school education or higher, 43.9% have a bachelor's degree or higher, and 18.6% have some kind of profesional degree.
This area has 16,111 households and the average size is 2.4 people. Individuals who are single and have never been married are 28.3%, 51.6% are now married, 1.3% are separated, 5.3% are widowed, and 13.5% are divorced. The average yearly contribution amount given by people to charity was $3,730 versus the state average of $4,465. The percent of residents who gave to charity was 29.3%.
The estimated median value of houses and condos is $365,449. The median monthly owner costs of mortgage holders was $1,927, where as the costs for those who don't have a mortgage are $614. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 4.3.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $3,608. 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 $3,642. 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 $3,557. Reported taxable interest for persons was $1,220, dividends $4,647, capital gains +$10,333, and itemized deductions $21,096. The average earned income tax credit is $1,811. The percent of individuals that use a tax preparer is 34.7%. The total average income taxes paid by individuals was $5,651. Businesses reported an average profit of $18,188.
Dockside Bistro & Wine Bar
501 Columbia St NW Ste B, Olympia, WA 98501
Anthony's Hearthfire Grill
1675 Marine Dr NE, Olympia, WA 98501
Meconi's
Capital Way, Tumwater, WA 98501
Meconi's Italian Subs
111 Tumwater Blvd SE, Olympia, WA 98501
Basilico
507 Capitol Way S # A, Olympia, WA 98501
Mercato Ristorante
111 Market St NE, Olympia, WA 98501
The Mark
407 Columbia St SW, Olympia, WA 98501
Lemongrass Cafe
5801 Capitol Blvd SW, Tumwater, WA 98501
Lemon Grass Restaurant
212 4th Ave W, Olympia, WA 98501
Enjoy Teriyaki & Wok
125 Tumwater Blvd SE, Olympia, WA 98501
Niko Teriyaki
125 Tumwater Blvd SE, Olympia, WA 98501
Koibito Japanese Restaurant
7205 Old Highway 99 SW, Tumwater, WA 98501
Embers Restaurant
5900 Troon Ln SE, Olympia, WA 98501
Yukio's Teriyaki
3430 Pacific Ave SE, Olympia, WA 98501
Flaming Pig BBQ
111 Tumwater Blvd SE, Olympia, WA 98501
Marv's Marvlus Pit Barbeque
3244 75th Ave SE, Olympia, WA 98501
Mimi's Cafe
1101 Washington St SE, Olympia, WA 98501
River's Edge
4611 Tumwater Valley Dr SE, Olympia, WA 98501
Hannah's Bar & Grille
123 5th Ave SW, Olympia, WA 98501
Budd Bay Cafe
525 Columbia St NW, Olympia, WA 98501
Skipper's
3812 Pacific Ave SE, Lacey, WA 98503 (4.5 miles away)