ZIP Code 98516 Demographics

Thurston County, Washington  ·  ACS 2022 5-Year Estimates

ACS 2022 Data

Population & Income Overview

Key statistics for ZIP code 98516 compared to county averages.

Total Population

27,212

↓ 90.8% vs county

Median HH Income

$89,378

↑ +0.5% vs county

Median Home Value

$474,800

↑ +15.3% vs county

Median Age

39.3 yrs

↑ 0.5% vs county

Unemployment Rate

3.9%

↑ 25.4% vs county

Income & Housing Comparison

How ZIP 98516 compares to Thurston County and Washington overall. Data from ACS 2022 5-year estimates.

Median Household Income ZIP 98516 $89k Thurston $89k Washington $90k

Source: ACS 2022 5-Year Estimates, Table B19013

Median Home Value ZIP 98516 $475k Thurston $412k Washington $473k

Source: ACS 2022 5-Year Estimates, Table B25077

Education & Employment

Bachelor's Rate

22.6%

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

Owner Occupancy

70.5%

of occupied housing units are owner-occupied

Median Gross Rent

$1,800

per month including utilities

Rent vs. Buy Affordability

Compare estimated monthly costs of home ownership vs renting in ZIP Code 98516 using local Census metrics.

Median Home Value$474,800
Down Payment (20%)$94,960
Interest Rate6.5%
Loan Term

Estimated Monthly Costs

Buy (Mortgage, Tax, Ins.)
$3,014P&I: $2401 | Tax: $475 | Ins: $138
Rent (Local Median)
$1,800
Renting is CheaperRenting is estimated to save you $1,214/month compared to buying costs.

How Does 98516 Compare?

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

Location & Neighboring Areas

Interactive map showing ZIP code 98516 (blue pin) and surrounding areas (purple pins). Click pins to view details.

Nearby ZIP Codes

ZIP codes geographically closest to 98516, sorted by distance.

98506 4.2 mi away thurston county 98503 4.9 mi away thurston county 98513 8.2 mi away thurston county 98501 9.1 mi away thurston county 98502 10.8 mi away thurston county 98589 17.8 mi away thurston county 98576 19.2 mi away thurston county 98530 21.4 mi away thurston county

About Thurston County

Thurston County is located in Washington and has a total population of 294,272. The county's median household income is $88,895 and median home value is $411,700. ZIP code 98516 is one of many ZCTAs within this county.

View all ZIP codes in Thurston 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.