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98056 Income Statistics

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Comparison to Surrounding Areas

98056 Median Household Income

The median household income ($102,196) for 98056 is less than the median household income for 98006 ($185,991), 98040 ($190,985), 98058 ($106,611), 98059 ($126,846), King County ($116,340), and Newcastle city ($151,007). But it's more than 98057 ($68,293), 98178 ($96,875), and Renton city ($92,292).

98056$102,196
Newcastle city$151,007
Renton city$92,292
King County$116,340

98056 Average Household Income

The average household income ($136,107) for 98056 is less than the average household income for 98006 ($239,678), 98040 ($290,655), 98059 ($180,460), King County ($161,206), and Newcastle city ($229,812). But it's more than 98057 ($95,056), 98058 ($129,245), 98178 ($133,779), and Renton city ($118,925).

98056$136,107
Newcastle city$229,812
Renton city$118,925
King County$161,206

98056 Per-Capita Income

The per-capita income for 98056 is $54,164. The per capita income ($54,164) for 98056 is less than the per capita income for 98006 ($84,234), 98040 ($113,575), 98059 ($62,388), King County ($66,811), and Newcastle city ($87,898). But it's more than 98057 ($47,424), 98058 ($48,549), 98178 ($48,601), and Renton city ($47,060).

98056$54,164
Newcastle city$87,898
Renton city$47,060
King County$66,811

98056 High Income Households

20.1% of households make over $200,000 a year. The percent high income households (20.1%) for 98056 is more than 98178 (18.1%), 98057 (10.1%), 98058 (15.7%), 98059 (31.7%), 98006 (45.4%), 98040 (48.3%), King County (25.8%), Newcastle city (39.6%), and Renton city (15.2%).

9805620.1%
Newcastle city39.6%
Renton city15.2%
King County25.8%

98056 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
98056$86,866$108,920$118,048$57,328
Newcastle city$-1$160,129$183,906$75,903
Renton city$63,409$102,712$110,190$57,005
King County$56,227$131,630$136,732$71,098

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About the Data

Sources & Margins of Error

All income statistics above are the most current, comparable income statistics available from the US Census Bureau and are from the American Community Survey 2022 5-year estimates. You can find this information and other demographics for 98056 on the US Census Bureau’s website. These values are in 2022 inflation-adjusted dollars and were downloaded on 7 December 2023.

The following data tables were used:

  • B19001 Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19013 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19301 Per Capita Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • S1902 Mean Income in the Past 12 Months (in 2022 inflation-adjusted dollars)
  • B19049 Median Household Income in the Past 12 Months (in 2022 inflation-adjusted dollars) By Age Of Householder

Margins of error for the above income data are:

Median Household Income Average Household Income Per Capita Income High Income Households Median Household Income by Age of Householder
under 25 25 to 44 45 to 64 65+
98056+/-$9,095+/-$9,575+/-$3,308+/-2.8%+/-$15,640+/-$14,405+/-$13,759+/-$11,940
Newcastle city+/-$18,928+/-$26,109+/-$7,290+/-5.4%+/-$-1+/-$33,066+/-$51,834+/-$48,104
Renton city+/-$3,995+/-$3,809+/-$1,548+/-1.3%+/-$9,879+/-$7,214+/-$6,827+/-$4,529
King County+/-$862+/-$1,395+/-$567+/-0.3%+/-$3,231+/-$1,516+/-$2,557+/-$1,707