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98516 Income Statistics

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Comparison to Surrounding Areas

98516 Median Household Income

The median household income ($89,378) for 98516 is less than the median household income for 98327 ($106,695), 98501 ($92,005), 98513 ($99,787), and Tanglewilde CDP ($92,123). But it's more than 98503 ($78,508), 98506 ($88,512), Thurston County ($88,895), Lacey city ($79,874), and Olympia city ($73,851).

98516$89,378
Lacey city$79,874
Olympia city$73,851
Tanglewilde CDP$92,123
Thurston County$88,895

98516 Average Household Income

The average household income ($109,848) for 98516 is less than the average household income for 98327 ($127,513) and 98513 ($118,527). But it's more than 98501 ($109,521), 98503 ($91,644), 98506 ($103,278), Thurston County ($105,913), Tanglewilde CDP ($92,746), Lacey city ($94,038), and Olympia city ($92,649).

98516$109,848
Lacey city$94,038
Olympia city$92,649
Tanglewilde CDP$92,746
Thurston County$105,913

98516 Per-Capita Income

The per-capita income for 98516 is $44,259. The per capita income ($44,259) for 98516 is less than the per capita income for 98327 ($50,942) and 98506 ($48,203). But it's more than 98501 ($44,020), 98503 ($37,652), 98513 ($43,730), Thurston County ($42,306), Tanglewilde CDP ($32,993), Lacey city ($37,663), and Olympia city ($41,904).

98516$44,259
Lacey city$37,663
Olympia city$41,904
Tanglewilde CDP$32,993
Thurston County$42,306

98516 High Income Households

11.0% of households make over $200,000 a year. The percent high income households (11.0%) for 98516 is more than 98513 (11.9%), 98327 (13.7%), 98501 (12.6%), 98503 (5.0%), 98506 (11.4%), Thurston County (10.0%), Lacey city (6.0%), Olympia city (8.7%), and Tanglewilde CDP (1.8%).

9851611.0%
Lacey city6.0%
Olympia city8.7%
Tanglewilde CDP1.8%
Thurston County10.0%

98516 Median Household Income by Age of Householder

under 25 years 25 to 44 years 45 to 64 years 65 years and over
98516$55,011$88,387$117,214$71,570
Lacey city$56,625$77,241$105,780$71,035
Olympia city$38,411$81,203$91,654$57,024
Tanglewilde CDP$-1$91,906$107,620$62,959
Thurston County$53,595$90,806$110,490$68,960

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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 98516 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+
98516+/-$6,598+/-$7,545+/-$2,829+/-2.2%+/-$7,050+/-$13,885+/-$27,566+/-$3,971
Lacey city+/-$4,928+/-$3,151+/-$1,522+/-1.3%+/-$6,870+/-$7,466+/-$6,418+/-$6,410
Olympia city+/-$3,948+/-$3,415+/-$1,556+/-1.2%+/-$9,598+/-$8,140+/-$7,166+/-$5,312
Tanglewilde CDP+/-$8,480+/-$10,618+/-$3,913+/-1.6%+/-$-1+/-$20,215+/-$33,358+/-$34,887
Thurston County+/-$2,161+/-$1,960+/-$751+/-0.6%+/-$2,729+/-$2,475+/-$3,016+/-$2,526