| ZIP Code | 98506 |
|---|---|
| City | Olympia |
| State | Washington (WA) |
| County | Thurston County |
| Area Code | 360/564 |
| Elevation | 164 ft |
| Latitude | 47.108292 |
|---|---|
| Longitude | -122.870623 |
| Timezone | Los Angeles (DST) |
| FIPS | 53067 |
| ZIP Type | Standard |
| Status | Active |
Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 47.3 yrs |
|---|---|
| Avg Household Size | 2.16 |
| Below Poverty | 11.4% ▲ 14% above avg |
| College Grads | 61.0% ▲ 57% above avg |
| Unemployment | 8.2% ▲ 67% above avg |
| No HS Diploma | 62 (0.4%) |
| HS Graduate | 2,345 (16.1%) |
| Some College | 1,389 (9.5%) |
| Associates | 1,885 (12.9%) |
| Bachelors | 1,435 (9.9%) |
| Graduate Degree | 7,447 (51.1%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $93,968 ▲ 23% above avg ↑ 34% since 2019 |
|---|---|
| Median Home Value | $469,700 ▲ 68% above avg ↑ 49% since 2019 |
| Home/Income Ratio | 5.0x (nat avg ~3.5x) |
| Median Rent | $1,431/mo ↑ 39% since 2019 |
| Total Units | 9,041 |
| Vacant Units | 512 |
| Avg HH Size | 2.16 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Summary
| Total Units | 9,041 |
|---|---|
| Vacant | 512 |
| Owner Occupied | 67.0% |
| Renter Occupied | 33.0% |
| Avg HH Size | 2.16 |
ZIP code 98506 is located in Olympia, Washington, within Thurston County. With a population of 18,763, this is a moderately populated ZIP code with a mature community — the median age is 47.3 years. Economically, 98506 is a middle-income ZIP code: the median household income of $93,968 is above the national average.
Real estate in ZIP code 98506 represents a premium housing market. The median home value of $469,700 is significantly above the national average. Renters can expect to pay around $1,431 per month in median rent. Homeownership is strong here — 67.0% of occupied units are owner-occupied, suggesting an established, stable residential community. Median home values have increased by 49% since 2019.
The population of 98506 is primarily White (80.70%). Residents are highly educated — 61.0% hold a bachelor's degree or higher, which is significantly above the national average. Poverty affects some residents at 11.4%. Household income has grown by 34% since 2019.
The unemployment rate in 98506 stands at 8.2%, which is significantly above the national average. About 22% of workers are remote. As in most parts of the country, driving alone is the dominant commute mode at 62%.
Overall, ZIP code 98506 in Olympia, WA is characterized as middle-income, highly educated, a mature community, and predominantly owner-occupied. With 18,763 residents, a median household income of $93,968, and a median home value of $469,700, it offers a clear picture of life in this part of Washington.