🇺🇸 United States ZIP Code

STANDARD

98516

Olympia

ZIP Code 98516 is a standard zip code serving Olympia, Olympia, Washington (WA), in Thurston County, United States. It has an estimated population of 20,166 with a median household income of $66,466. The area falls within the America/Los_Angeles timezone.

Median Household Income vs. National Average

Location

Country: 🇺🇸 United States
State / Province: Washington (WA)
County: Thurston
City: Olympia
Timezone: America/Los_Angeles

Coordinates

Latitude: 47.112600
Longitude: -122.779400

Geographic Details

Land Area: 28.65 mi²
Water Area: 13.89 mi²
Population Density: 704.0 people per mi² (75th percentile)
Bounding Box: 47.194211°N, 47.045817°S, -122.696140°E, -122.844260°W

With 20,166 residents spread across 28.65 square miles, this area has a population density of 704.0 people per square mile.

Demographics

20,166

Population

80th percentile

$66,466

Median Income

80th percentile

$253,100

Median Home Value

80th percentile

28.65 mi²

Land Area

The median household income in 98516 is $66,466, and the median home value is $253,100. This places the area in the top 25% nationally for household income.

Housing

8,481

Total Units

7,914

Occupied Units

93.3%

Occupancy Rate

Nearby ZIP Codes

Other zip codes in Olympia, WA.

98501

Olympia

98502

Olympia

98504

Olympia

98505

Olympia

98506

Olympia

98507

Olympia

98508

Olympia

98512

Olympia

98513

Olympia

98599

Olympia

Similar ZIP Codes in Washington

ZIP codes with similar median household income in Washington.

98166

Seattle

$63,320

98223

Arlington

$65,863

98367

Port Orchard

$72,575

98022

Enumclaw

$66,295

98394

Vaughn

$57,941

98936

Moxee

$57,841

98007

Bellevue

$73,162

98126

Seattle

$66,408

Frequently Asked Questions

What information is available for each ZIP code?

Each ZIP code page shows city, state, county, geographic coordinates, timezone, population, median household income, median home value, housing units, land area, population density, commute time, educational attainment, area codes, and ZIP code type (Standard, PO Box, or Unique).

What are the different types of ZIP codes?

There are three types of ZIP codes: Standard (residential and commercial delivery areas), PO Box (assigned to post office box sections), and Unique (assigned to a single high-volume address like a government agency or large company). Standard ZIP codes are the most common.

How often is ZIP code data updated?

ZIP code assignments are updated quarterly by the USPS. Demographic data comes from the US Census Bureau's American Community Survey (ACS), which releases new 5-year estimates annually. ZipFYI updates its data to reflect the latest available information.

What is population density and why does it matter?

Population density measures the number of people per square mile in a ZIP code area. It helps identify urban vs. rural areas, affects real estate values, impacts service availability, and is used in market analysis. Dense urban ZIP codes may have 50,000+ people per square mile.

How are ZIP code boundaries determined?

ZIP code boundaries are determined by the USPS based on mail delivery routes, not political or geographic boundaries. They follow carrier routes and may cross city, county, or even state lines. Boundaries can change when the USPS reorganizes delivery operations.

What does median household income tell me about a ZIP code?

Median household income is the middle value when all household incomes in a ZIP code are sorted. Half of households earn more and half earn less. It is a better indicator of typical earnings than average income, which can be skewed by very high or very low outliers.