98516 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 98516 is White. The majority race/ethnicity attending public schools in 98516 is White. The current unemployment level in 98516 is 5.1%.
| Population | 27,212 |
| Population Growth Rate | 13.32% |
| Population Density | 920 People per Square Mile |
| Total Households | 8,018 |
| Percentage High Income Households | 5.9% |
| Median Household Income (2021) | $85,437 |
| Average Adjusted Gross Income (2021) | $375,550 |
| Current Unemployment Rate (May 2026) | 5.1% |
| Sales Tax Rate (2025) | 9.8% |
| Majority Race/Ethnicty | White - 73.54% |
| Public School Majority Race/Ethnicty | White - 43.33% |
98516 Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 18,719 | 73.01% |
| Black | 1,149 | 4.48% |
| Hispanic | 2,392 | 9.33% |
| Asian | 2,925 | 11.41% |
| Native American | 269 | 1.05% |
| Hawaiian/Pac. Islander | 186 | 0.73% |
98516 Public School Race/Ethnicty Breakdown
| Race/Ethnicty | Total | Percentage |
| White | 1,217 | 51.39% |
| Black | 136 | 5.74% |
| Hispanic | 643 | 27.15% |
| Asian | 277 | 11.7% |
| Native American | 21 | 0.89% |
| Hawaiian/Pac. Islander | 74 | 3.13% |
98516 Educational Attainment Levels
| Highest Education Level Attained | Total | Percentage |
| Less Than 1 Year of College | 1,321 | 10.06% |
| Bachelor Degree | 3,007 | 22.91% |
| High School Diploma | 2,589 | 19.73% |
| No High School Diploma | 136 | 1.04% |
| GED or Alternate | 501 | 3.82% |
| 1 or More Years of College | 2,271 | 17.3% |
| Associates Degree | 1,256 | 9.57% |
| Masters Degree | 1,587 | 12.09% |
| Professional Degree | 398 | 3.03% |
| Doctorate Degree | 59 | 0.45% |