98052

2023 Data
Redmond, Washington

98052 is an affluent, high-income neighborhood in Redmond with a premium real estate market.

Population

79,074

Income Rank

Top 85%

105%

$165K

Median Income

vs national

256%

$1.1M

Home Value

vs national

78%

$2,339

Monthly Rent

vs national

35.3 yrs

Median Age

How 98052 Compares

Key metrics versus national medians

Median Income
$164,848+105%

National median: $80,610

Home Value
$1,107,900+256%

National median: $311,500

Monthly Rent
$2,339+78%

National median: $1,314

College Educated
74.8%+115%

National median: 34.8%

Income Distribution in 98052

How household incomes are distributed across brackets

% of Households
Median Income Bracket

This chart shows the percentage of households in each income bracket. The highlighted bar represents the bracket containing the median household income of $164,848.

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What is the Average Income in 98052?

Household earnings and economic conditions

$164,848

Median Household Income

$89,431

Per Capita Income

4.1%

Unemployment Rate

Residents of 98052 earn a median household income of $164,848 per year. This is 105% higher than the national median of $80,610, placing this zip code among the top earners in the country. The per capita income of $89,431 provides insight into individual earning power.

How Much Does it Cost to Live in 98052?

Real estate market and rental conditions in Redmond

Home Buying

Median Home Value$1,107,900
20% Down Payment$221,580
Est. Monthly Mortgage$6,204

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$2,339
Annual Rent Cost$28,068
Rent-to-Income Ratio17%

Affordability Score

How affordable is it to live here?

0
out of 100
Highly Affordable

How is this calculated?

Based on the standard 4x annual income mortgage guideline used by lenders: (Median Income x 4) / Median Home Value, combined with the 28% rent-to-income ratio recommended by financial advisors. This is not financial advice.

Strong income-to-cost ratio makes this area financially accessible for most households.

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Age Distribution in 98052

Population breakdown by age and gender

Male
Female
Median Age (35.3 yrs)

This population pyramid shows the distribution of residents by age group and gender. The median age in 98052 is 35.3 years, which is younger than the national median of 39 years.

Who Lives in 98052? Demographics & Population

Age, diversity, and population breakdown

79,074

Total Population

35.3

Median Age

75%

College Educated

33,055

Households

98052 has a population of 79,074 residents in approximately 33,055 households. The median age of 35.3 years is younger than the national median of 39 years. With 75% of residents holding bachelor's degrees or higher, this is a highly educated community.

Diversity & Ethnicity in 98052

Racial and ethnic composition of the community

White(49.3%)
Asian(38.5%)
Two or More(7.1%)
Other(2.3%)
Black(2.1%)
Native American(0.5%)
Pacific Islander(0.1%)

Diversity Index

60

Diverse

0 = Single race, 100 = Perfect diversity

Hispanic/Latino Population

6.7%

Note: Hispanic/Latino is an ethnicity, counted separately from race

Racial Composition

White
49.3%
Asian
38.5%
Two or More
7.1%
Other
2.3%

The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 60, this is a diverse community.

Education Levels in 98052

Educational attainment of adults 25 and older

College Educated (Bachelor's+)

74.9%

National average: 34.8%

High School or Higher

97.5%

National average: 88.6%

Education Breakdown

Less than HS
2.5%
HS Graduate
6.2%
Some College
11.2%
Associate's Degree
5.3%
Bachelor's Degree
37.2%
Graduate+
37.7%

Educational attainment data shows the highest level of education completed by residents 25 years and older. With 74.8% holding a bachelor's degree or higher, this area exceeds the national average.

What is 98052 Like? Neighborhood Profile

Community personality and lifestyle analysis

Community profile generated from Census data analysis
Community Type

Affluent Professional Community

The 98052 zip code represents a affluent professional community in the Redmond region.

Residents here enjoy significantly above-average household earnings.

The area attracts a mix of young professionals and established families.

This is a highly educated community with most adults holding college degrees.

Best Suited For

  • +Executives & senior professionals
  • +Dual-income families
  • +Remote workers seeking quality of life

May Not Suit

  • -Budget-conscious renters
  • -First-time buyers on limited budgets

Key Characteristics

  • •Higher-than-average household incomes
  • •Highly educated residents
  • •Competitive real estate market relative to incomes
  • •Reasonable rental costs for the area

Typical Resident Profile

A typical 98052 resident is a adult in their mid-30s, renter with manageable housing costs, working in professional or executive career with advanced education.

Lifestyle

Career-focused with emphasis on quality amenities and good schools

Frequently Asked Questions

Common questions about 98052 Redmond, WA

The median household income in 98052 (Redmond, WA) is $164,848, which is 105% higher than the national median of $80,610.

The median home value in 98052 is $1,107,900. A 20% down payment would be $221,580, with an estimated monthly mortgage of $6,204 at current rates.

The median monthly rent in 98052 is $2,339, totaling $28,068 annually. This represents 17% of the median household income.

98052 in Redmond, Washington is an affluent, high-income neighborhood with a median age of 35.3 years. With 75% college graduates, it's a highly educated community.

The unemployment rate in 98052 is 4.1%, lower than the national rate of 4.8%. This means 95.9% of the labor force is employed.

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