US ZIP Code
98501

Olympia, WA

Thurston County  ·  Washington

● Active
👥 46,937 Population ↑ 9% since 2019
💰 $95,695 Median HH Income
▲ 25% above avg ↑ 28% since 2019
🎂 39.5 Median Age ↓ 2% since 2019
🏠 $485,200 Median Home Value
▲ 74% above avg ↑ 47% since 2019
🎓 59.2% College Grads
▲ 53% above avg
📊 5.9% Unemployment
▲ 21% above avg ↑ 6% since 2019
ZIP Code Details
ZIP Code98501
CityOlympia
StateWashington (WA)
CountyThurston County
Area Code360/564
Elevation150 ft
Latitude46.978514
Longitude-122.875905
TimezoneLos Angeles (DST)
FIPS53067
ZIP TypeStandard
StatusActive
People & Population (ACS 2023)
♂ Male 48.6% (22,788) Female 51.5% (24,149) ♀

Race & Ethnicity

White: 74.3%Hispanic: 8.8%Black: 2.2%Asian: 5.3%Other: 7.7%Race
White74.3%
Hispanic8.8%
Black2.2%
Asian5.3%
Other7.7%

Age Breakdown

Under 5
5%
5–17
17%
18–24
7%
25–44
29%
45–64
26%
65+
8%

Key Indicators

Median Age39.5 yrs ↓ 2% since 2019
Avg Household Size2.44
Below Poverty7.9% ▼ 21% below avg
College Grads59.2% ▲ 53% above avg
Unemployment5.9% ▲ 21% above avg
No HS Diploma307 (1%)
HS Graduate4,563 (14.2%)
Some College3,951 (12.3%)
Associates4,311 (13.4%)
Bachelors3,790 (11.8%)
Graduate Degree15,235 (47.4%)

Education

No HS: 1%HS Grad: 14.2%Some College: 12.3%Associates: 13.4%Bachelors: 11.8%Graduate: 47.4%Edu
No HS1.0%
HS Grad14.2%
Some College12.3%
Associates13.4%
Bachelors11.8%
Graduate47.4%
Housing & Income

Housing Tenure

Owner: 60.7%Renter: 39.3%Tenure
Owner60.7%
Renter39.3%

Home Value Distribution

Under $50k
2%
$50k–100k
1%
$100k–150k
1%
$150k–200k
1%
$200k–300k
5%
$300k–500k
44%
Over $500k
46%

Financials

Median HH Income$95,695 ▲ 25% above avg ↑ 28% since 2019
Median Home Value$485,200 ▲ 74% above avg ↑ 47% since 2019
Home/Income Ratio5.1x (nat avg ~3.5x)
Median Rent$1,600/mo ↑ 38% since 2019
Total Units19,969
Vacant Units887
Avg HH Size2.44

Income Distribution

Under $25k
10%
$25k–50k
12%
$50k–75k
15%
$75k–100k
14%
$100k–150k
24%
$150k–200k
10%
Over $200k
15%
Employment & Commute

How People Get to Work

Drove Alone
69%
Public Transit
2%
Walked
3%
Work From Home
26%

Commute Time

Under 15 min
40%
15–30 min
35%
30–45 min
14%
Over 45 min
11%
Housing Stock

Year Built

Before 1940
2%
1940s–1950s
10%
1960s–1970s
11%
1980s–1990s
17%
2000+
60%

Summary

Total Units19,969
Vacant887
Owner Occupied60.7%
Renter Occupied39.3%
Avg HH Size2.44
Frequently Asked Questions
ZIP code 98501 is in Olympia, WA, in Thurston County.
ZIP code 98501 is located in Washington (WA).
ZIP code 98501 is in Thurston County, WA.
ZIP 98501 observes the Los Angeles timezone. Daylight Saving Time is observed.
The estimated population of ZIP code 98501 is 46,937 people (ACS 2023).
The median household income in ZIP code 98501 is $95,695 (ACS 2023).
The median home value in ZIP 98501 is $485,200 (ACS 2023).
About ZIP Code 98501

ZIP code 98501 is located in Olympia, Washington, within Thurston County. With a population of 46,937, this is a highly populated ZIP code with a middle-aged community — the median age is 39.5 years. Economically, 98501 is a middle-income ZIP code: the median household income of $95,695 is above the national average.

Real estate in ZIP code 98501 represents a premium housing market. The median home value of $485,200 is significantly above the national average. Renters can expect to pay around $1,600 per month in median rent. Homeownership is strong here — 60.7% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 47% since 2019.

The population of 98501 is primarily White (74.25%). Residents are well-educated — 59.2% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects a relatively small share of residents at 7.9%. Household income has grown by 28% since 2019.

The unemployment rate in 98501 stands at 5.9%, which is above the national average. About 24% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 63%.

Overall, ZIP code 98501 in Olympia, WA is characterized as middle-income, well-educated, a middle-aged community, and predominantly owner-occupied. With 46,937 residents, a median household income of $95,695, and a median home value of $485,200, it offers a clear picture of life in this part of Washington.