 | We Buy Homes |
| The First and Original 1-800-932-8946 | |
| We Buy Homes |
| The First and Original 1-800-932-8946 | |
| |||||||||||||||||||||||||||
|
| |||||
|
| |||||
|
| |||||
|
| |||||
|
| |||||
Investors
Interested in purchasing investment houses in the 98516 zip code in Olympia, WA?
Detailed Demographic Statistics
The zip code 98516 is in Thurston county, is in the state of Washington. This zip code contains three cities including Lacey, WA (16.91%), Tanglewilde, WA (1.37%), and Olympia, WA (0.37%) The total land area is 28.6 square miles and the water area is 13.9 square miles.
The zip 98516 is in county number and is L. Sector , L. Segment , H. Sector , and H. Segment . The population was 26,047 in 2019 and 20,166 in 2010. Of this, the break down in 2019 was 16,888 urban and 9,158 rural. This further breaks down to 13,085 males (50.2%) and 12,961 females (49.8%). The median age of residents is 39.5 years. The population density (people per square mile) is 909. This zip code has a combined total of 10,660 houses and condos. There are 2,698 rented appartments. 26% of residents rent versus the 26% of residents in the state who rent.
The average individual gross adjusted income is $65,829 and the average salary is $55,922. The estimated median household income of individuals is around $83,922. This zip code has a mean commute time to work of 28.2 minutes. The unemployment rate is 5.3%. 6.2% of residents live below poverty line versus the 9.8% in the state that are below this line. The cost of living index is 111.4. The educational breakdown is 95.9% have a high school education or higher, 43.3% have a bachelor's degree or higher, and 17.0% have some kind of profesional degree.
The average size of households is 2.5 people. Individuals who are single and have never been married are 19.7%, 65.0% are now married, 1.4% are separated, 3.7% are widowed, and 10.2% are divorced. The average yearly contribution amount given by people to charity was $3,856 versus the state average of $4,465. The percent of residents who gave to charity was 30.9%.
The estimated median value of houses and condos is $370,646. The median monthly owner costs of mortgage holders was $1,860, where as the costs for those who don't have a mortgage are $646. The median number of rooms in houses and condos are 6.5 versus apartments which had a median number of 5.0.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $3,855. 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 $3,746. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $4,075. Reported taxable interest for persons was $1,524, dividends $4,582, capital gains +$7,165, and itemized deductions $21,587. The average earned income tax credit is $2,155. The percent of individuals that use a tax preparer is 39.7%. The total average income taxes paid by individuals was $5,783. Businesses reported an average profit of $17,646.Local Restaurants
Red Lobster
4505 Martin Way E, Olympia, WA 98516
Casa Mia
4426 Martin Way E, Olympia, WA 98516
Lemon Grass Restaurant
8125 Quinault Dr NE, Lacey, WA 98516
Pattaya Thai Restaurant
8640 Martin Way E Ste F, Lacey, WA 98516
Kobo Teriyaki Restaurant
9323 Martin Way E, Olympia, WA 98516
Happy & Teriyaki
8205 Martin Way E, Lacey, WA 98516
Sushi Train
8765 Tallon Ln NE Ste R, Lacey, WA 98516
Ram Restaurant & Brewery
8100 Freedom Ln NE Ste C, Lacey, WA 98516
Pho 111
8765 Tallon Ln NE, Lacey, WA 98516
O'Blarney's Irish Pub
4411 Martin Way E, Olympia, WA 98516
Emperor's Palace
7321 Martin Way E, Olympia, WA 98516
Riverbend Restaurant & Lounge - Hawks Prairie Casino
8318 Quinault Dr NE, Lacey, WA 98516
Medicine Creek Cafe
10322 Martin Way E, Olympia, WA 98516
When my husband passed away suddenly, I was left with a home I had to sell fast. The experts from We Buy Homes dealt with me professionally, fairly, and honestly. I didn’t have to list my house and I didn’t have to deal with strangers walking through my home. And I didn’t have to pay a realtor! They handled everything and that provided the peace of mind I needed during such a difficult time. I highly recommend them!
