98407 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 98407 is White. The majority race/ethnicity attending public schools in 98407 is White. The current unemployment level in 98407 is 5.1%.
| Population | 21,050 |
| Population Growth Rate | -2.41% |
| Population Density | 3,727 People per Square Mile |
| Total Households | 8,680 |
| Percentage High Income Households | 7.1% |
| Median Household Income (2021) | $94,912 |
| Average Adjusted Gross Income (2021) | $481,320 |
| Current Unemployment Rate (May 2026) | 5.1% |
| Sales Tax Rate (2025) | 10.3% |
| Majority Race/Ethnicty | White - 86.12% |
| Public School Majority Race/Ethnicty | White - 60.85% |
98407 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 17,013 | 85.85% |
| Black | 662 | 3.34% |
| Hispanic | 1,104 | 5.57% |
| Asian | 958 | 4.83% |
| Native American | 17 | 0.09% |
| Hawaiian/Pac. Islander | 63 | 0.32% |
98407 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 1,985 | 70.62% |
| Black | 202 | 7.19% |
| Hispanic | 430 | 15.3% |
| Asian | 157 | 5.59% |
| Native American | 16 | 0.57% |
| Hawaiian/Pac. Islander | 21 | 0.75% |
98407 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 930 | 6.69% |
| Bachelor Degree | 3,573 | 25.69% |
| High School Diploma | 2,578 | 18.53% |
| No High School Diploma | 191 | 1.37% |
| GED or Alternate | 556 | 4% |
| 1 or More Years of College | 2,299 | 16.53% |
| Associates Degree | 1,243 | 8.94% |
| Masters Degree | 1,562 | 11.23% |
| Professional Degree | 603 | 4.34% |
| Doctorate Degree | 374 | 2.69% |