Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 32.6 yrs |
|---|---|
| Avg HH Size | 3.07 |
| Below Poverty | 19.0% ▲ 90% above avg |
| College Grads | 28.0% ▼ 28% below avg |
| Unemployment | 8.4% ▲ 71% above avg |
| No HS Diploma | 63 (2.5%) |
| HS Graduate | 976 (38.3%) |
| Some College | 288 (11.3%) |
| Associates | 506 (19.9%) |
| Bachelors | 300 (11.8%) |
| Graduate Degree | 413 (16.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $67,009 ▼ 12% below avg |
|---|---|
| Median Home Value | $240,500 ▼ 14% below avg |
| Home/Income Ratio | 3.6x (nat avg ~3.5x) |
| Median Rent | $902/mo |
| Total Housing Units | 2,078 |
| Vacant Units | 465 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Soap Lake is a city in Washington, located in Grant County. The city spans 1 ZIP code and is home to approximately 4,996 residents. It is a relatively young city, with a median age of 32.6 years.
Economically, Soap Lake is a solidly middle-class community. The median household income of $67,009 is near the national average. Approximately 19.0% of residents live below the poverty line. The unemployment rate is 8.4%, significantly above the national average.
The real estate market in Soap Lake is an affordable housing market. Median home values stand at $240,500, which is near the national average. Renters typically pay around $902 per month. Homeownership is high at 63.8%, typical of suburban and family-oriented communities.
The population of Soap Lake is moderately educated. 28.0% of adults hold a bachelor's degree or higher — below the national average. The community is majority White (64.33%).
Soap Lake, WA offers residents a cost-conscious lifestyle within Washington.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 98851 | 4,996 | $67,009 | $240,500 | $902 | 8.4% | 28.0% | 63.8% |