The ZIP Code 98003 is associated with the city of Federal Way in Washington in King County. It is estimated that about 25.0% of residents in this Washington region hold a bachelor's degree or higher, while the per capita income is approximately $29,097. Median househould income is at $59,391, with an estimated 14% of the population living below the poverty line. The median age in ZIP Code 98003 is approximately 34.9 years, and 17.9% of the region's residents are aged 62 years and older. The current population estimate is 49,533.
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The median household income in ZIP Code 98003 is $59,391, while the region's mean household income is $75,321. Breaking income down further, per capita income in the region is $29,097. The per capita income in ZIP Code 98003 of $29,097 is approximately 25.23% less than the per capita income in the U.S. overall of $38,915. An estimated 14.0% of the population is living below the poverty line in this region. This rate is approximately47.37% higher than the overall poverty rate in the U.S. of 9.5%. Regarding household income, approximately 21.9% of the population in 98003 earn $50,000 to $74,999 per year, while an estimated 14.3% earn $35,000 to $49,999 per year, and 4.0% of 98003 residents earn $200,000 or more per year.
| Household Income | Percent |
|---|---|
| Less than $10,000 per year | 7.1% |
| $10,000 to $14,999 per year | 4.8% |
| $15,000 to $24,999 per year | 6.2% |
| $25,000 to $34,999 per year | 9.6% |
| $35,000 to $49,999 per year | 14.3% |
| $50,000 to $74,999 per year | 21.9% |
| $75,000 to $99,999 per year | 12.2% |
| $100,000 to $149,999 per year | 14.1% |
| $150,000 to $199,999 per year | 5.8% |
| $200,000 or more per year | 4.0% |
In ZIP Code 98003, 86.8% of the population graduated high school, while 25.0% have a bachelor's degree or higher. In this region, 6.4% achieved an education level less than 9th grade, while 6.5% hold a graduate or professional degree. Approximately 27.4% in this King County region reached the highest level of high school graduate (including equivalency).
| Education Level | Percent |
|---|---|
| Less than 9th grade | 6.4% |
| 9th to 12th grade, no diploma | 6.8% |
| High school graduate (includes equivalency) | 27.4% |
| Some college, no degree | 23.7% |
| Associate's degree | 10.7% |
| Bachelor's degree | 18.5% |
| Graduate or professional degree | 6.5% |
Looking at race in the population that makes up ZIP Code 98003, 93.0% is one race, while 7.0% are two or more races. Approximately 23.4% of 98003 residents are hispanic or Latino (of any race). The most common race in 98003 (race alone or in combination with one or more other races), is White (54.7%), followed by Black or African American (18.4%) .
| Industry | Percent |
|---|---|
| White | 54.7% |
| Black or African American | 18.4% |
| American Indian and Alaska Native | 2.0% |
| Asian | 13.9% |
| Native Hawaiian and Other Pacific Islander | 4.3% |
| Some other race | 15.4% |
Regarding the age of homes in ZIP Code 98003, an estimated 24.8% of homes were built between 1980 and 1989. Additionally, 22.8% of homes in the region were built between 1970 and 1979, while an estimated 0.7% of homes were built in 1939 or earlier in this King County region.
| Year Home Built | Percent |
|---|---|
| Built in 2014 or later | 4.4% |
| Built between 2010 and 2013 | 1.6% |
| Built between 2000 and 2009 | 5.5% |
| Built between 1990 and 1999 | 20.6% |
| Built between 1980 and 1989 | 24.8% |
| Built between 1970 and 1979 | 22.8% |
| Built between 1960 and 1969 | 13.9% |
| Built between 1950 and 1959 | 4.5% |
| Built between 1940 and 1949 | 1.2% |
| Built in 1939 or earlier | 0.7% |
Residents of ZIP Code 98003 are younger than average. The median age of 34.9 years in ZIP Code 98003 is approximately 8.4% lower than the overall median age in the U.S. of 38.1 years. About 75.5% of residents are aged 18 years and older, and 17.9% of residents are 62 years and over. Approximately 15.6% of the population in 98003 falls in the age group 25 to 34 years, while an estimated 11.9% are aged 45 to 54 years. On the low end of the scale, 1.9% of 98003 residents are aged 85 years and over.
| Age Range | Percent |
|---|---|
| Under 5 years | 7.9% |
| 5 to 9 years | 6.5% |
| 10 to 14 years | 5.8% |
| 15 to 19 years | 7.4% |
| 20 to 24 years | 6.8% |
| 25 to 34 years | 15.6% |
| 35 to 44 years | 11.5% |
| 45 to 54 years | 11.9% |
| 55 to 59 years | 6.4% |
| 60 to 64 years | 6.0% |
| 65 to 74 years | 8.1% |
| 75 to 84 years | 4.1% |
| 85 years and over | 1.9% |
| Health Issue | Percent of adults* |
|---|
One of the top preventative health measures in ZIP Code 98003 is current access to health insurance, as an estimated 89.1% of adults 18 and older take part in this preventive measure. Additionally, % of those 18 and above in 98003 list , as a preventive measure.
| Preventive Measure | Percent of adults* |
|---|---|
| Current access to health insurance | 89.1% |
| Risk Behavior | Percent of adults* |
|---|
In 98003, 66.1% of the population is in the labor force. Recent estimates place 3.7% as working from home, while the total labor force in the region has a mean travel to time to work of 32.8 minutes. Approximately 16.2% of the employed population 16 years and over in 98003 work in educational services, and health care and social assistance, while an estimated 12.4% work in retail trade. On the lower end of the scale, just 1.3% of 98003 workers 16 years and over work in agriculture, forestry, fishing and hunting, and mining.
| Industry | Percent |
|---|---|
| Agriculture, forestry, fishing and hunting, and mining | 1.3% |
| Construction | 9.6% |
| Manufacturing | 10.5% |
| Wholesale trade | 3.3% |
| Retail trade | 12.4% |
| Transportation and warehousing, and utilities | 8.9% |
| Information | 1.6% |
| Finance and insurance, and real estate and rental and leasing | 6.2% |
| Professional, scientific, management, and administrative | 11.2% |
| Educational services, and health care and social assistance | 16.2% |
| Arts, entertainment, and recreation, and accommodation and food services | 10.5% |
| Other services, except public administration | 4.4% |
| Public administration | 3.9% |
In ZIP Code 98003, 61.1% of the population lists "English only" as the language spoken in home, while 16.7% of lists Spanish. Additionally, Asian and Pacific Islander languages are spoken in 7.2% of homes, and other Indo-European languages are spoken in 10.3% of homes. Lastly, 4.7% of homes list "other languages" as spoken in the home. All percentages referenced are for the population 5 years and older in this King County region.
| Language Spoken | Percent |
|---|---|
| English only | 61.1% |
| Spanish | 16.7% |
| Other Indo-European languages | 7.2% |
| Asian and Pacific Islander languages | 10.3% |
| Other languages | 4.7% |
Regarding consumer complaints about financial products in ZIP Code 98003, credit reporting or credit repair services have received the most complaints in 98003 in the past 12 months. Credit reporting or other personal consumer reports received the second most complaints. The most frequent complaint overall in this King County region was improper use of a report.
| Complaint Product | Number of Complaints* |
|---|---|
| Credit reporting or credit repair services | 132 |
| Credit reporting or other personal consumer reports | 71 |
| Debt collection | 41 |
| Credit card or prepaid card | 25 |
| Checking or savings account | 23 |
| Other | 40 |
| Complaint Issue | Number of Complaints* |
|---|---|
| Improper use of your report | 110 |
| Incorrect information on your report | 65 |
| Attempts to collect debt not owed | 19 |
| Problem with a company's investigation into an existing problem | 19 |
| Problem with a credit reporting company's investigation | 19 |
| Other | 100 |
Regarding solar power potential, ZIP Code 98003 has an average daily solar radiation level of 4.03 kWh/m2/day. This is approximately 2.18% less than an area in the U.S. with historically low solar radiation levels (WA), and about 38.85% less than an area in the U.S. with historically high solar radiation levels (AZ).
| Region | Residential | Commercial | Industrial |
|---|---|---|---|
| ZIP Code 98003 | 10.36¢/kWh | 9.46¢/kWh | 3.78¢/kWh |
| Washington | 12.06¢/kWh | 10.44¢/kWh | 6.44¢/kWh |
| United States | 16.62¢/kWh | 13.58¢/kWh | 8.81¢/kWh |
| Month | ZIP Code 98003 | Low (WA) | High (AZ) |
|---|---|---|---|
| Jan | 1.87 | 1.9 | 5.84 |
| Feb | 2.83 | 3 | 6.31 |
| Mar | 3.84 | 3.65 | 7.02 |
| Apr | 4.99 | 5.13 | 7.3 |
| May | 5.45 | 5.17 | 7.13 |
| Jun | 5.24 | 5.72 | 6.95 |
| Jul | 6.13 | 6.22 | 6.51 |
| Aug | 6.19 | 6.08 | 6.65 |
| Sep | 4.96 | 5.15 | 7.02 |
| Oct | 2.96 | 3.32 | 6.92 |
| Nov | 2.2 | 2.33 | 5.99 |
| Dec | 1.72 | 1.78 | 5.46 |