ZIP Code 98040 Demographics

King County, Washington  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 98040 compared to county averages.

Total Population

25,464

↓ 98.9% vs county

Median HH Income

$190,985

↑ +64.2% vs county

Median Home Value

$1,683,600

↑ +121.1% vs county

Median Age

45.3 yrs

↓ +21.8% vs county

Unemployment Rate

2.6%

↑ 42.9% vs county

Income & Housing Comparison

How ZIP 98040 compares to King County and Washington overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 98040 $191k King $116k Washington $90k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 98040 $1.7M King $762k Washington $473k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

38.2%

of adults 25+ hold a bachelor's degree or higher

Owner Occupancy

68.0%

of occupied housing units are owner-occupied

Median Gross Rent

$2,315

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 98040 using local Census metrics.

Median Home Value$1,683,600
Down Payment (20%)$336,720
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$10,688P&I: $8513 | Tax: $1684 | Ins: $491
Rent (Local Median)
$2,315
Renting is CheaperRenting is estimated to save you $8,373/month compared to buying costs.

How Does 98040 Compare?

Enter another ZIP code to see a side-by-side comparison.

Location & Neighboring Areas

Interactive map showing ZIP code 98040 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 98040, sorted by distance.

98118 2.4 mi away king county 98144 3.1 mi away king county 98006 3.8 mi away king county 98004 3.8 mi away king county 98108 4.2 mi away king county 98056 4.2 mi away king county 98122 4.2 mi away king county 98005 4.5 mi away king county

About King County

King County is located in Washington and has a total population of 2,254,371. The county's median household income is $116,340 and median home value is $761,500. ZIP code 98040 is one of many ZCTAs within this county.

View all ZIP codes in King County

Data source: American Community Survey (ACS) 2022 5-Year Estimates, U.S. Census Bureau. ZCTAs (ZIP Code Tabulation Areas) are used as proxies for USPS ZIP codes. Some USPS ZIP codes may not have a corresponding ZCTA.