98101

2023 Data
Seattle, Washington

98101 is a prosperous, upper-middle-class neighborhood in Seattle with a competitive housing market.

Population

16,396

Income Rank

Top 70%

59%

$128K

Median Income

vs national

138%

$741K

Home Value

vs national

88%

$2,476

Monthly Rent

vs national

34.0 yrs

Median Age

How 98101 Compares

Key metrics versus national medians

Median Income
$128,143+59%

National median: $80,610

Home Value
$741,400+138%

National median: $311,500

Monthly Rent
$2,476+88%

National median: $1,314

College Educated
31.7%-9%

National median: 34.8%

Income Distribution in 98101

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 $128,143.

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What is the Average Income in 98101?

Household earnings and economic conditions

$128,143

Median Household Income

$114,370

Per Capita Income

3.1%

Unemployment Rate

Residents of 98101 earn a median household income of $128,143 per year. This is 59% higher than the national median of $80,610, placing this zip code among the top earners in the country. The per capita income of $114,370 provides insight into individual earning power.

How Much Does it Cost to Live in 98101?

Real estate market and rental conditions in Seattle

Home Buying

Median Home Value$741,400
20% Down Payment$148,280
Est. Monthly Mortgage$4,152

*Estimated at 7% APR, 30-year fixed

Renting

Median Monthly Rent$2,476
Annual Rent Cost$29,712
Rent-to-Income Ratio23%

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 98101

Population breakdown by age and gender

Male
Female
Median Age (34.0 yrs)

This population pyramid shows the distribution of residents by age group and gender. The median age in 98101 is 34.0 years, which is younger than the national median of 39 years.

Who Lives in 98101? Demographics & Population

Age, diversity, and population breakdown

16,396

Total Population

34.0

Median Age

32%

College Educated

11,237

Households

98101 has a population of 16,396 residents in approximately 11,237 households. The median age of 34.0 years is younger than the national median of 39 years. About 32% of residents have completed higher education.

Diversity & Ethnicity in 98101

Racial and ethnic composition of the community

White(50.2%)
Asian(35%)
Two or More(7.3%)
Black(6.1%)
Other(0.7%)
Native American(0.6%)

Diversity Index

62

Diverse

0 = Single race, 100 = Perfect diversity

Hispanic/Latino Population

5.4%

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

Racial Composition

White
50.2%
Asian
35%
Two or More
7.3%
Black
6.1%

The Diversity Index measures the probability that two randomly chosen residents belong to different racial groups. With a score of 62, this is a diverse community.

Education Levels in 98101

Educational attainment of adults 25 and older

College Educated (Bachelor's+)

71.2%

National average: 34.8%

High School or Higher

95.8%

National average: 88.6%

Education Breakdown

Less than HS
4.2%
HS Graduate
6.4%
Some College
15%
Associate's Degree
3.2%
Bachelor's Degree
31.7%
Graduate+
39.5%

Educational attainment data shows the highest level of education completed by residents 25 years and older. With 31.7% holding a bachelor's degree or higher, this area is below the national average of 34.8%.

What is 98101 Like? Neighborhood Profile

Community personality and lifestyle analysis

Community profile generated from Census data analysis
Community Type

Mixed Transitional Area

Located in Seattle, the 98101 area is best described as a mixed transitional area.

Residents here enjoy significantly above-average household earnings.

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

The community has diverse educational backgrounds.

Best Suited For

  • +Adventurous buyers
  • +Investors
  • +Those seeking value

May Not Suit

  • -Risk-averse buyers
  • -Those needing established amenities

Key Characteristics

  • Higher-than-average household incomes
  • Culturally diverse population
  • Competitive real estate market relative to incomes
  • Reasonable rental costs for the area
  • Strong local job market

Typical Resident Profile

A typical 98101 resident is a adult in their mid-30s, renter with manageable housing costs, working in white-collar professional role with some college education.

Lifestyle

Evolving neighborhood with mix of long-time residents and newcomers

Frequently Asked Questions

Common questions about 98101 Seattle, WA

The median household income in 98101 (Seattle, WA) is $128,143, which is 59% higher than the national median of $80,610.

The median home value in 98101 is $741,400. A 20% down payment would be $148,280, with an estimated monthly mortgage of $4,152 at current rates.

The median monthly rent in 98101 is $2,476, totaling $29,712 annually. This represents 23% of the median household income.

98101 in Seattle, Washington is a prosperous, upper-middle-class neighborhood with a median age of 34.0 years. The area has diverse educational backgrounds.

The unemployment rate in 98101 is 3.1%, lower than the national rate of 4.8%. This means 96.9% of the labor force is employed.

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