98406 can be classified socioeconomically as 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 98406 is White. The majority race/ethnicity attending public schools in 98406 is White. The current unemployment level in 98406 is 5.1%.
| Population | 22,994 |
| Population Growth Rate | -3.76% |
| Population Density | 5,869 People per Square Mile |
| Total Households | 9,492 |
| Percentage High Income Households | 2.5% |
| Median Household Income (2021) | $89,659 |
| Average Adjusted Gross Income (2021) | $378,860 |
| Current Unemployment Rate (May 2026) | 5.1% |
| Sales Tax Rate (2025) | 10.3% |
| Majority Race/Ethnicty | White - 85.30% |
| Public School Majority Race/Ethnicty | White - 54.70% |
98406 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 18,227 | 85.3% |
| Black | 1,296 | 6.07% |
| Hispanic | 927 | 4.34% |
| Asian | 807 | 3.78% |
| Native American | 110 | 0.51% |
| Hawaiian/Pac. Islander | 1 | 0% |
98406 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 1,349 | 64.79% |
| Black | 234 | 11.24% |
| Hispanic | 331 | 15.9% |
| Asian | 135 | 6.48% |
| Native American | 20 | 0.96% |
| Hawaiian/Pac. Islander | 13 | 0.62% |
98406 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 1,184 | 7.91% |
| Bachelor Degree | 3,693 | 24.67% |
| High School Diploma | 3,463 | 23.13% |
| No High School Diploma | 147 | 0.98% |
| GED or Alternate | 559 | 3.73% |
| 1 or More Years of College | 2,396 | 16.01% |
| Associates Degree | 1,382 | 9.23% |
| Masters Degree | 1,386 | 9.26% |
| Professional Degree | 510 | 3.41% |
| Doctorate Degree | 250 | 1.67% |