AreaProfile

98503Lacey, Washington

Area Profile

Income, jobs, climate, physical risk and development data for ZIP code 98503.

63
Area Score
Top 39% of 5,298 published profiles

How we calculate this

How this area ranks
OpportunityTop 22% of 6,210 published ZIP areas69
GrowthTop 3% of 5,428 published ZIP areas82
Housing affordability4693rd of 6,685 published ZIP areas66
Climate3666th of 6,789 published ZIP areas69
Physical resilience5031st of 6,709 published ZIP areas32
Access5367th of 6,791 published ZIP areas80
Economic stability3860th of 6,742 published ZIP areas56
The quick read

98503 ranks in the top 22% of published ZIP profiles for employment opportunity, with unemployment at 4.3% and median household income of $89,002.

Development activity is both elevated and accelerating — 788 housing units permitted over the past twelve months, up 141% on the prior year.

Physical-risk exposure is above the national median, driven mainly by earthquake, heat wave and landslide.

At a glance

Population
41,656
2024 ACS 5-Year
Median household income
$89,002
Top 28% nationally
Density
3,760/sq mi
11.1 sq mi of land
Median age
41.1
2024 ACS 5-Year
City
Lacey
Washington
Metro area
Olympia-Lacey-Tumwater, WA
Nearest major airport
SEA
37 mi · Seattle-Tacoma Intl
Median home value
$438,100
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 4.3% is lower than 56% of the 6,544 measured US ZIP areas.

Employment grew 0.8% over the past year, to 25,375 employed residents.

MetricValueCompared with peersSource period
Median household income ±$7,242$89,002Top 28%2024 ACS 5-Year
Per capita income ±$1,961$42,685Top 32%2024 ACS 5-Year
Poverty rate10.9%Top 48%2024 ACS 5-Year
Average commute26.7 minBottom 44%2024 ACS 5-Year
Bachelor's degree or higher32.1%Top 31%2024 ACS 5-Year
Employment25,375Bottom 26%June 2026
Employment change (3 years)1.5%Top 30%June 2026
Employment change (year over year)0.8%Top 14%June 2026
Labor force26,521Bottom 26%June 2026
Labor force participation59.3%Bottom 45%2024 ACS 5-Year
Mean annual wage$75,470Top 23%2025 OEWS
Median annual wage$61,960Top 10%2025 OEWS
Unemployment change (year over year)0.5%Top 31%June 2026
Unemployment rate4.3%Bottom 44%June 2026
Median household income, successive ACS releases
202120222023202489k72k
Each point is a separate five-year estimate, most recently $89,002 in the 2024 ACS 5-Year. Consecutive releases share four years of sample, so AreaProfile shows them as a record of successive estimates and does not compute a year-over-year change from them.
Largest occupations — Olympia-Lacey-Tumwater, WA
OccupationPeople employedMedian annual wage
Fast Food and Counter Workers3,910$36,110
General and Operations Managers3,670$122,210
Home Health and Personal Care Aides3,370$44,060
Retail Salespersons3,180$37,350
Management Analysts2,770$88,790
Cashiers2,470$37,340

Occupational employment and wages are published for metropolitan areas rather than for individual cities or ZIP areas, so these describe the wider labor market this location sits in. 2025 OEWS, U.S. Bureau of Labor Statistics.

The Bureau of Labor Statistics does not publish labor-force data for ZIP areas. This is the figure for Lacey, WA, the city containing this ZIP code.

There are 17.1 students for every full-time teacher, more than in most measured places.

Public schools
10
2024-25 school year
Students per teacher
17.1
across all schools here
Math proficiency
Reading proficiency
SchoolDistrictStudentsPer teacherMathReading
Timberline High SchoolNorth Thurston Public Schools1,40121.2
Nisqually Middle SchoolNorth Thurston Public Schools78918.3
Mountain View ElementaryNorth Thurston Public Schools77616.2
Komachin Middle SchoolNorth Thurston Public Schools64018.8
Lydia Hawk ElementaryNorth Thurston Public Schools49613.8
Lakes Elementary SchoolNorth Thurston Public Schools49517.7
Woodland ElementaryNorth Thurston Public Schools45814.8
Evergreen Forest ElementaryNorth Thurston Public Schools44215.8
Seven Oaks ElementaryNorth Thurston Public Schools42815.9
Lacey ElementaryNorth Thurston Public Schools36813.6

50.7% of students here are eligible for free or reduced-price lunch. That describes the circumstances families arrive with rather than how the schools perform, which is why AreaProfile shows it and does not score it.

Public schools only, from the NCES Common Core of Data. Schools are placed by ZIP code, so this is which schools are in this place rather than which one a particular address is zoned for — district boundaries do not follow municipal ones, and enrollment zones change. Fully virtual schools are excluded: they enroll students from across the state while reporting one administrative address, and counting them here would describe a school population this place does not have. The assessment covers grades 3 through 8, so a high school shows no proficiency figure — a dash in those columns means the test was not given at that school, not that it performed badly. Proficiency is measured against Washington’s own standard, so it compares cleanly within the state and only broadly against other states; AreaProfile therefore ranks it within state. The directory is current, while the proficiency figures are from the last school year with national coverage before the pandemic interrupted testing.

Housing & affordability

How it’s calculated →

Median rent of $1,746 takes 24% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 4.9 times median household income here, above the historic benchmark of about three times income.

Rent as a share of income
23.5%
Below the 30% cost-burdened threshold
Home price to income
4.9×
median home value ÷ median income
Median gross rent
$1,746
2024 ACS 5-Year
Median home value
$438,100
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income4.92Top 17%2024 ACS 5-Year
Homeownership rate58.4%Bottom 15%2024 ACS 5-Year
Housing units ±77618,387Top 5%2024 ACS 5-Year
Median gross rent ±$45$1,746Top 14%2024 ACS 5-Year
Median home value ±$10,748$438,100Top 17%2024 ACS 5-Year
Rent as a share of income23.5%Top 19%2024 ACS 5-Year
Vacancy rate3.9%Bottom 17%2024 ACS 5-Year

Both affordability measures come from the same ACS release as the income they are compared with, so the comparison is like for like. They describe housing cost against local earnings and are not a cost-of-living index — transport, groceries, healthcare, insurance and taxes are not included, and a place can look affordable here and still be expensive to live in for reasons this does not capture.

Growth & development

How it’s calculated →
Development Momentum
82/ 100
Top 3% of 5,428 published city profiles

An AreaProfile calculation combining permit volume per resident, its direction over one and three years, population change and employment growth. Permit volume alone is not the measure.

89% of recently permitted units are in buildings of five or more homes, so new supply is concentrated in apartments and condominiums rather than detached houses.

At 13.6 permitted units per 1,000 residents, building activity is above the median for measured US ZIP areas.

Units permitted
788
12 months ending July 2026
Per 1,000 residents
13.6
Top 6% nationally
Year over year
+141%
vs the prior twelve months
Multifamily share
89.0%
units in 5+ unit buildings

The Building Permits Survey is not published for ZIP areas. This is the figure for Lacey, WA, the city containing this ZIP code.

Weather & climate

4 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 78°F and January a low of 33°F.

Normal annual precipitation is 50.6 inches, including 3.9 inches of snow.

20°40°60°80°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station OLYMPIA AP, 6.2 miles from this location.
Precipitation
JFMAMJJASOND8.2"
Normal monthly precipitation, in inches.
MetricValueSource period
Annual precipitation50.6"1991-2020 Normals
Annual snowfall3.9"1991-2020 Normals
Average January low33°F1991-2020 Normals
Average July high78°F1991-2020 Normals
Comfortable months41991-2020 Normals
Seasonal temperature swing25°F1991-2020 Normals

Climate figures are thirty-year normals, not current conditions. They describe what a typical year looks like rather than what the weather is doing today.

Physical risk

32 / 100
Physical resilience

The hazards accounting for most of this area's expected annual loss are earthquake, heat wave and landslide.

LandslideModerate
EarthquakeElevated
Volcanic activityModerate
Heat waveModerate

Low or minimal exposure: inland flooding, ice storm, coastal flooding, wildfire, winter weather, lightning, strong wind, tornado, tsunami, drought, hail, avalanche, cold wave.

Hazard ratings are AreaProfile calculations derived from the FEMA National Risk Index v1.20.0 (December 2025). FEMA publishes at county level. ZIP values are the land-area-weighted mean of the counties the ZIP Code Tabulation Area intersects. Expected annual loss is not allocated below county level. FEMA does not endorse this presentation. Higher physical resilience means lower exposure.

What this profile does not cover

Three things people look for are missing from every AreaProfile page, and each is missing for a reason rather than by oversight. The Area Score is calculated without them and the weighting is documented on the methodology page.

Crime
The FBI’s Crime Data Explorer is the only source with national coverage and a published method, and it requires an API key AreaProfile does not hold. Arrest counts, news volume and commercial “safety scores” are not substituted in the meantime. Reported crime is also easy to misread: agency participation varies year to year, and a city that draws a large daytime workforce carries incidents its residents did not generate.
Taxes
No tax dataset has met the source admission test for coverage, transparent methodology and update cadence. Nothing here is individualized tax advice.
Full cost of living
No public source publishes one with national coverage and a documented method. Housing affordability above is computed from published rent, price and income, and excludes transport, groceries, healthcare, insurance and taxes — commuting cost in particular tends to offset suburban housing savings.

Access

3 major airports lie within 100 miles, the nearest 37 miles away.

AirportCodeDistanceLongest runway
Seattle-Tacoma IntlSEA37 mi11,901 ft
Boeing Fld/King County IntlBFI42 mi10,007 ft
Portland IntlPDX100 mi11,000 ft

Airport identity, position and runway data come from the FAA. “Major airport” is an AreaProfile classification — a public-use civil airport with a paved runway of at least 8,000 feet — not an FAA hub designation. Distances are straight-line, not driving distance.

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Area Score
63
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Data & methodology

Used forSourceSource periodUpdated
AccessFederal Aviation Administration
Airports (NASR) — Aeronautical Data Delivery Service
NASR current cycle28-day NASR cycle
Physical riskFederal Emergency Management Agency
National Risk Index
National Risk Index December 2025 (v1.20.0)Periodic dataset versions (v1.20.0 current)
ClimateNOAA National Centers for Environmental Information
U.S. Climate Normals 1991–2020 (Monthly)
1991-2020 NormalsEvery ten years (next release follows the 2001–2030 period)
JobsU.S. Bureau of Labor Statistics
Local Area Unemployment Statistics
June 2026Monthly
JobsU.S. Bureau of Labor Statistics
Occupational Employment and Wage Statistics
2025 OEWSAnnual (spring release)
DemographicsU.S. Census Bureau
Population Estimates Program
July 1, 2024 estimateAnnual (vintage released each spring)
DevelopmentU.S. Census Bureau
Building Permits Survey
12 months ending July 2026Monthly, roughly three weeks after the reference month
Demographics, Housing, Income, JobsU.S. Census Bureau
American Community Survey 5-Year Estimates (Table-Based Summary File)
2024 ACS 5-YearAnnual (5-year estimates released each December)
schoolsU.S. Department of Education, National Center for Education Statistics
Common Core of Data and EDFacts assessments
2024-25 school yearDirectory annually; assessment results as EDFacts releases them

Profile recalculated August 29, 2026. Recalculation is not the same as new source data — each figure above shows the period its source actually covers. Read the full methodology or browse every source.

98503 vs Lacey

How this ZIP area compares with Lacey as a whole. Both figures come from the same ACS release, so the comparison is like for like.

98503
Lacey
Median household income
$89,002
vs
$90,625
Per capita income
$42,685
vs
$42,173
Population density
3,760/sq mi
vs
3,110/sq mi
Median home value
$438,100
vs
$457,100
Median gross rent
$1,746
vs
$1,870
Homeownership rate
58.4%
vs
55.9%
Bachelor's degree or higher
32.1%
vs
34.1%
Poverty rate
10.9%
vs
11.6%
Median age
41.1
vs
37.3

Some demographic statistics use Census ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP delivery geography. See the methodology for how AreaProfile maps between them.