Interested in purchasing investment houses in the 98506 zip code in Olympia, WA?
The zip code 98506 is in Thurston county with a latitude of -122.873240000000 and longitude of 47.102830000000, is in the state of Washington. The average asking price of houses and condos is $323,116.00 and the average sale price was $230,704.00. this regions is classified as the Seattle - Tacoma metro area and is in the 360 area code. The location in degrees is 47° 6' 10.188" N, 122° 52' 23.664" W. The county F.I.P.S. is 53067. The total land area is 22.4 square miles and the water area is 7.7 square miles. The elevation in this area is 16 - 148 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 98506 is in county number 067 and is L. Sector 10, L. Segment , H. Sector , and H. Segment . The population was 17,246 in 2019 and 18,199 in 2010. Of this, the break down in 2019 was 13,397 urban and 3,848 rural. This further breaks down to 8,237 males (47.8%) and 9,008 females (52.2%). The median age of residents is 47.9 years. The population of the greater Olympia, WA area is 255,549. The population density (people per square mile) is 771. This zip code has a combined total of 8,358 houses and condos. There are 2,652 rented appartments. 34% of residents rent versus the 34% 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 $57,932 and the average salary is $49,212. The median household income of individuals is $56,806.00 and the average is $75,300.00. This zip code has a mean commute time to work of 25.1 minutes. The unemployment rate is 4.9%. Income earners by percent breakdown as 43.60% (Under $50,000), 38.60% ($50,000-$100,000), and 17.80% earn over $100,000. 8.6% of residents live below poverty line versus the 9.8% in the state that are below this line. The cost of living index is 110.5. The educational breakdown is 95.6% have a high school education or higher, 47.3% have a bachelor's degree or higher, and 20.1% have some kind of profesional degree.
This area has 7,985 households and the average size is 2.2 people. Individuals who are single and have never been married are 30.7%, 48.9% are now married, 1.5% are separated, 5.7% are widowed, and 13.3% are divorced. The average yearly contribution amount given by people to charity was $3,496 versus the state average of $4,465. The percent of residents who gave to charity was 25.9%.
The estimated median value of houses and condos is $348,863. The median monthly owner costs of mortgage holders was $1,834, where as the costs for those who don't have a mortgage are $612. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 4.0.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $3,334. 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 $3,480. 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 $3,093. Reported taxable interest for persons was $1,277, dividends $4,961, capital gains +$8,381, and itemized deductions $20,812. The average earned income tax credit is $1,663. The percent of individuals that use a tax preparer is 35.3%. The total average income taxes paid by individuals was $5,684. Businesses reported an average profit of $16,930.
Red Lobster
4505 Martin Way E, Olympia, WA 98516 (4.3 miles away)
Dockside Bistro & Wine Bar
501 Columbia St NW Ste B, Olympia, WA 98501 (6.3 miles away)
Skipper's
3812 Pacific Ave SE, Lacey, WA 98503 (6.9 miles away)
Riviera Lakeshore Restaurant
11019 Country Club Dr, Anderson Island, WA 98303 (8.5 miles away)
Fujiyama Japanese Steakhouse
625 Black Lake Blvd SW, Olympia, WA 98502 (8.7 miles away)
Wing Street
4660 Whitman Ln SE, Lacey, WA 98513 (9.7 miles away)
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