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Zip Code 98516 Map And Demographics

Home»Washington State»Thurston County»Olympia»Zip Code 98516
  • Population
    20,666
  • Density
    721 / sqml.
  • Med. Home Value
    $267,900
  • Med. Rent
    $1,113

Zip Code Rankings

The table shows the top 5 positions of zip code 98516 on our zip code ranking charts. For example, a rank of 10 means that a zip code ranks #10 on the list of the top zip codes in America for a particular value. The lists were created for all zip codes in America with the population of 1000 residents or higher.

Rank Report Value
#3,431 Top Zip Codes With The Highest Median Apartment Rent $1,113
#3,733 Top Zip Codes With The Highest Percentage Of Rich Households 5.89%
#3,759 Top Zip Codes With The Highest Income Per Capita $33,962.00
#4,017 Top Zip Codes With The Highest Percentage Of Wealthy Families 7.21%
#4,101 Top Zip Codes With The Highest Median Home Value 267900

Population breakdown by gender

Population in zip code 98516 is 20,666 residents | Male to Female ratio is 1:1.03 | Zip Code 98516 land area is 28.6453 sq. miles | Population density is 721.44 residents per square mile

Median age

  Median Age
Zip Code Median Age 39.1
Median Age - Male 38.1
Median Age - Female 40.3

Median age of zip code 98516 is 9.5% lower compared to nearby zip codes and 5.1% higher compared to the United States median age. Comparing gender-specific madian age yields the following results. Male median age of zip code 98516 is 8.2% lower compared to nearby zip codes and 6.4% higher compared to the United States male median age. Female zip code 98516 median age is 9% lower in comparison to nearby zip codes and 4.7% higher compared to female national median age average.

Population breakdown by age

Racial makeup

Race Count
White population 15354
Black or African American population 1023
Asian population 2131
American Indian and Alaska Native population 397
Native Hawaiian and other Pacific Islander population 621
Other population 351

Region of birth

Ancestry distribution

Ancestry Percent Ancestry Percent
Arab 0.1% Czech 0.6%
Danish 1.2% Dutch 1.9%
English 11.6% French No Basque 2.4%
French Canadian 1.5% German 17.1%
Greek 0.2% Hungarian 0.4%
Irish 11.1% Italian 3.4%
Lithuanian 0.2% Norwegian 5%
Polish 1.8% Portuguese 0.6%
Russian 1.1% Scotch-Irish 2.9%
Scottish 3.2% Slovak 0.1%
Subsaharan African 0.3% Swedish 3.6%
Swiss 0.3% Ukrainian 0.1%
USA 8% Welsh 0.8%
West Indian No Hispanic Groups 0.3% Other Ancestries 30.1%

Family type by presence of children under 18 by age

Family Type Distribution
Total families 5794
Married couples 80.86%
Other couples 19.14%

Family and household income distribution

  Family income (%) Household income (%)
$30,000 or less 11.43% 17.35%
$30,000 and $50,000 13.12% 14.17%
$50,000 and $100,000 35.61% 35.1%
$100,000 and $200,000 32.64% 27.5%
$200,000 or more 7.21% 5.89%

Households by size

Household language

Language Spoken Percent
English language 81.75%
Spanish language 5.83%
Other European language 1.48%
Asian language 9.71%
Other language 1.22%

Population by housing unit

Housing Unit Percent
Total Occupied housing units 8018
Detached housing units 76.85%
Attached housing units 1.83%
2 units 1.18%
3 - 4 units 1.09%
5 - 9 units 2.63%
10 - 19 units 4.28%
20 - 49 units 1.5%
50 or more units 1.52%
Mobile homes 8.76%
Boats, RVs, Vans 0.36%

Means of transportation to work

Means Percent
Use car, track or Van 95%
Use public transportation 1.37%
Use Motorcycle 0%
Use bicycle 0.24%
Walk to work 1.01%
Work at home 2.39%

School attendance

Attendance Percent
Attent Preschool programs 2.91%
Attend Public School 16.43%
Attend college undergraduate program 5.15%
Attent graduate studies 1.15%
Not enrolled in school 74.37%

Highest school attainment

Attainment Percent
Less then 9th grade 3.79%
Grade 9 to 12, no diploma 6.58%
High school diploma 21.4%
Some college, no degree 29.7%
Associate degree 10.38%
Bachelor's degree 24.86%
Graduate or professional degree 3.29%

Business Counts by Industry

Industry Type Count

Real Estate

Metric Value
Housing occupied 94.81%
Housing vacant 5.19%
Housing occupied by owner 72.82%
Housing occupied by tenant 27.18%
Total Rented Units 2179
Median Contract Gross Rent $968
Median Gross Rent $1,113
Median Home Value $267,900

Contract rent is the monthly cash rent agreed to, regardless of any furnishings, utilities, fees, meals, or services that may be included. Gross rent is the contract rent plus the estimated average monthly cost of utilities and fuels if these are paid by the renter. In zip code 98516 median gross rent is 14.98% larger then the median contract rent.

Average estimated apartment rent

Apartment Type Average Rent
Studio $660
1 Bedroom $740
2 Bedrooms $950
3 Bedrooms $1,380
4 Bedrooms $1,670
AVERAGE RENT $1,080

Average rent in zip code 98516 ($1,080.00) is 4% lower compared to nearby zip codes and 15.5% higher compared to the average rent in the US. The following illustrates how zip code 98516 rent compares to the nearby zip code rents by unit type: studio apartment rent is 6.9% lower, one bedroom apartment rent is 7.8% lower, two bedroom rent is 3.8% lower, three bedroom rent is 2.1% lower, four bedroom rent is 2.7% lower.

Housing units

Housing Unit Percent
Total housing units 8457
Detached housing units 77.63%
Attached housing units 1.74%
2 units 1.12%
3 - 4 units 1.03%
5 - 9 units 2.49%
10 - 19 units 4.06%
20 - 49 units 1.84%
50 or more units 1.44%
Mobile homes 8.3%
Boats, RVs, Vans 0.34%

Real Estate taxes paid

Tax Amount
Total Real Estate Taxes $17,600,000
Real estate taxes paid for units with a mortgage $13,786,400
Real estate taxes paid for units with no mortgage $3,813,600

Nearby Zip Code Income Per Capita Comparison

Compare Zip Codes

or compare zip code 98516 to other nearby zip codes.

Zip Codes Near 98516

Zip Code City County Distance
98506 Olympia Thurston 4.28 ml
98303 Anderson Island Pierce 4.53 ml
98327 Dupont Pierce 5.93 ml
98503 Lacey Thurston 5.97 ml
98351 Longbranch Pierce 6.52 ml
98513 Olympia Thurston 8.33 ml
98501 Olympia Thurston 9.72 ml
98498 Lakewood Pierce 11.25 ml
98333 Fox Island Pierce 11.65 ml
98349 Lakebay Pierce 12.09 ml