| ZIP Code | 98503 |
|---|---|
| City | Lacey |
| State | Washington (WA) |
| County | Thurston County |
| Area Code | 360/564 |
| Elevation | 182 ft |
| Latitude | 47.02332 |
|---|---|
| Longitude | -122.793549 |
| Timezone | Los Angeles (DST) |
| FIPS | 53067 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 40.6 yrs ↑ 15% since 2019 |
|---|---|
| Avg Household Size | 2.33 |
| Below Poverty | 9.5% ≈ Avg |
| College Grads | 43.2% ▲ 12% above avg |
| Unemployment | 5.5% ▲ 12% above avg |
| No HS Diploma | 481 (1.6%) |
| HS Graduate | 6,264 (21.2%) |
| Some College | 5,055 (17.1%) |
| Associates | 4,970 (16.8%) |
| Bachelors | 3,705 (12.5%) |
| Graduate Degree | 9,059 (30.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $87,515 ▲ 15% above avg ↑ 34% since 2019 |
|---|---|
| Median Home Value | $407,700 ▲ 46% above avg ↑ 65% since 2019 |
| Home/Income Ratio | 4.7x (nat avg ~3.5x) |
| Median Rent | $1,673/mo ↑ 38% since 2019 |
| Total Units | 18,375 |
| Vacant Units | 773 |
| Avg HH Size | 2.33 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 18,375 |
|---|---|
| Vacant | 773 |
| Owner Occupied | 58.7% |
| Renter Occupied | 41.3% |
| Avg HH Size | 2.33 |
ZIP code 98503 is located in Lacey, Washington, within Thurston County. With a population of 42,189, this is a highly populated ZIP code with a middle-aged community — the median age is 40.6 years. Economically, 98503 is a middle-income ZIP code: the median household income of $87,515 is near the national average.
Real estate in ZIP code 98503 represents a premium housing market. The median home value of $407,700 is above the national average. Renters can expect to pay around $1,673 per month in median rent. The area has a relatively balanced mix of owners (58.7%) and renters (41.3%). Median home values have increased by 65% since 2019.
The population of 98503 is majority White (64.65%). Residents are well-educated — 43.2% hold a bachelor's degree or higher, which is near the national average. Poverty affects a relatively small share of residents at 9.5%. Household income has grown by 34% since 2019.
The unemployment rate in 98503 stands at 5.5%, which is near the national average. About 14% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 73%.
Overall, ZIP code 98503 in Lacey, WA is characterized as middle-income, well-educated, and a middle-aged community. With 42,189 residents, a median household income of $87,515, and a median home value of $407,700, it offers a clear picture of life in this part of Washington.