98040 can be classified socioeconomically as Upper Middle Class class compared to other ZIP Codes in Washington based on Median Household Income and Average Adjusted Gross Income. The majority race/ethnicity residing in 98040 is White. The majority race/ethnicity attending public schools in 98040 is White. The current unemployment level in 98040 is 4.9%.
Population | 25,464 |
Population Growth Rate | 2.98% |
Population Density | 1,941 People per Square Mile |
Total Households | 9,335 |
Percentage High Income Households | 30.7% |
Median Household Income (2021) | $170,000 |
Average Adjusted Gross Income (2021) | $1,267,090 |
Current Unemployment Rate (October 2024) | 4.9% |
Majority Race/Ethnicty | White - 72.63% |
Public School Majority Race/Ethnicty | White - 57.56% |
98040 Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 17,418 | 72.54% |
Black | 231 | 0.96% |
Hispanic | 825 | 3.44% |
Asian | 5,492 | 22.87% |
Native American | 17 | 0.07% |
Hawaiian/Pac. Islander | 27 | 0.11% |
98040 Public School Race/Ethnicty Breakdown
Race/Ethnicty | Total | Percentage |
White | 2,413 | 65.57% |
Black | 37 | 1.01% |
Hispanic | 226 | 6.14% |
Asian | 997 | 27.09% |
Native American | 2 | 0.05% |
Hawaiian/Pac. Islander | 5 | 0.14% |
98040 Educational Attainment Levels
Highest Education Level Attained | Total | Percentage |
Less Than 1 Year of College | 364 | 2.22% |
Bachelor Degree | 6,607 | 40.24% |
High School Diploma | 821 | 5% |
No High School Diploma | 37 | 0.23% |
GED or Alternate | 148 | 0.9% |
1 or More Years of College | 1,691 | 10.3% |
Associates Degree | 728 | 4.43% |
Masters Degree | 3,427 | 20.87% |
Professional Degree | 1,960 | 11.94% |
Doctorate Degree | 636 | 3.87% |