Interested in purchasing investment houses in the 98003 zip code in Federal Way, WA?
The zip code 98003 is in King county with a latitude of -122.315080000000 and longitude of 47.305130000000, is in the state of Washington. The average asking price of houses and condos is $285,129.00 and the average sale price was $205,072.00. this regions is classified as the Seattle - Tacoma metro area and is in the 253 area code. The location in degrees is 47° 18' 18.468" N, 122° 18' 54.288" W. The county F.I.P.S. is 53033. This zip code contains three cities including Federal Way, WA (86.85%), Lakeland South, WA (10.79%), and Milton, WA (2.23%) The total land area is 11.6 square miles and the water area is 0.1 square miles. The elevation in this area is 279 - 459 feet. The zip code is on pacific standard time and observes daylight savings time.
The zip 98003 is in county number 033 and is L. Sector 00, L. Segment 01, H. Sector 16, and H. Segment 16. The population was 50,073 in 2019 and 44,151 in 2010. This further breaks down to 24,562 males (49.1%) and 25,510 females (50.9%). The median age of residents is 35.3 years. The population of the greater Seattle-Tacoma-Bellevue, WA area is 3,461,985. The population density (people per square mile) is 4,311. This zip code has a combined total of 19,685 houses and condos. There are 9,525 rented appartments. 51% of residents rent versus the 51% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $47,455 and the average salary is $42,081. The median household income of individuals is $54,844.00 and the average is $57,300.00. This zip code has a mean commute time to work of 33.5 minutes. The unemployment rate is 4.6%. Income earners by percent breakdown as 44.50% (Under $50,000), 36.70% ($50,000-$100,000), and 18.80% earn over $100,000. 14.5% of residents live below poverty line versus the 9.8% in the state that are below this line. The cost of living index is 115.1. The educational breakdown is 87.1% have a high school education or higher, 25.7% have a bachelor's degree or higher, and 6.7% have some kind of profesional degree.
This area has 17,250 households and the average size is 2.6 people. Individuals who are single and have never been married are 36.5%, 44.0% are now married, 1.7% are separated, 5.0% are widowed, and 12.8% are divorced. The average yearly contribution amount given by people to charity was $3,656 versus the state average of $4,465. The percent of residents who gave to charity was 19.9%.
The estimated median value of houses and condos is $317,681. The median monthly owner costs of mortgage holders was $1,855, where as the costs for those who don't have a mortgage are $657. The median number of rooms in houses and condos are 6.2 versus apartments which had a median number of 3.8.
The real estate tax percent rate is 1.0% which equated to an average real estate tax amount payment of $3,302. In comparision, the average real estate tax percent rate in the state is 0.9% which equated to an average real estate tax amount payment in the state of $3,601. The median housing property tax percent for residents with mortgages was 1.0% which amounted to an average tax amount of $3,489. Conversely, the median housing property tax percent for residents who don't have mortgages was 1.1% which amounted to an average tax amount of $2,315. Reported taxable interest for persons was $1,333, dividends $5,291, capital gains +$10,376, and itemized deductions $20,377. The average earned income tax credit is $2,303. The percent of individuals that use a tax preparer is 44.6%. The total average income taxes paid by individuals was $5,043. Businesses reported an average profit of $11,436.
Black Angus Steakhouse
2400 S 320th St, Federal Way, WA 98003
Red Lobster
2006 S 320th St, Federal Way, WA 98003
Verrazano's Italian Restaurant
28835 Pacific Hwy S, Federal Way, WA 98003
Emerald Thai II
27227 Pacific Hwy S, Federal Way, WA 98003
Bangkok Garden Street Food
31509 Pacific Hwy S, Federal Way, WA 98003
Apple Teriyaki
27400 Pacific Hwy S Unit B, Federal Way, WA 98003
Koharu Japanese Restaurant
31840 Pacific Hwy S Ste C, Federal Way, WA 98003
Tokyo Steak House
1404 S 320th St, Federal Way, WA 98003
I Love Ramen
31254 Pacific Hwy S, Federal Way, WA 98003
Hae Song Korean B.B.Q.
32703 Pacific Hwy S, Federal Way, WA 98003
Blue Island Sushi & Roll
35002 Pacific Hwy S Ste A101, Federal Way, WA 98003, Federal Way, WA 98003
Hanabi Sushi Restaurant
31260 Pacific Hwy S Ste 12, Federal Way, WA 98003
Trapper's Sushi Co. - Federal Way
31835 Pacific Hwy S Ste A, Federal Way, WA 98003
Best Sushi
32911 1st Ave S, Federal Way, WA 98003
Jimmy Mac's Roadhouse
34902 Pacific Hwy S, Federal Way, WA 98003
Marlene's Market & Deli
2565 S Gateway Center Pl, Federal Way, WA 98003
Black Bear Diner Federal Way
32065 Pacific Hwy S, Federal Way, WA 98003
Shari's Restaurant
34900 Enchanted Pkwy S, Federal Way, WA 98003
Crumbl Cookies - Federal Way
1812 S 320th St, Federal Way, WA 98003
Pho Hoang Restaurant
31871 Gateway Center Blvd S, Federal Way, WA 98003
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