AreaProfile

98498Lakewood, Washington

Area Profile

Income, jobs, climate, physical risk and development data for ZIP code 98498.

54
Area Score
Bottom 28% of 5,298 published profiles

How we calculate this

How this area ranks
Opportunity4584th of 6,210 published ZIP areas43
GrowthTop 40% of 5,428 published ZIP areas56
Housing affordability4798th of 6,685 published ZIP areas64
ClimateTop 36% of 6,789 published ZIP areas74
Physical resilience4991st of 6,709 published ZIP areas32
Access4708th of 6,791 published ZIP areas86
Economic stability3554th of 6,742 published ZIP areas58
The quick read

Employment conditions sit below most comparable published ZIP profiles: unemployment is 5.8% and the Opportunity signal places 98498 in the bottom 26%.

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

Its Area Score of 54 places 98498 in the top 72% of published ZIP profiles.

At a glance

Population
29,209
2024 ACS 5-Year
Median household income
$91,664
Top 25% nationally
Density
2,937/sq mi
9.9 sq mi of land
Median age
40.8
2024 ACS 5-Year
City
Lakewood
Washington
Metro area
Seattle-Tacoma-Bellevue, WA
Nearest major airport
SEA
23 mi · Seattle-Tacoma Intl
Median home value
$506,300
2024 ACS 5-Year

Jobs & opportunity

Unemployment of 5.8% is lower than 11% of the 6,544 measured US ZIP areas.

Employment fell 1.3% over the past year, to 28,567 employed residents.

MetricValueCompared with peersSource period
Median household income ±$9,667$91,664Top 25%2024 ACS 5-Year
Per capita income ±$3,814$50,374Top 19%2024 ACS 5-Year
Poverty rate8.1%Bottom 37%2024 ACS 5-Year
Average commute30.4 minTop 36%2024 ACS 5-Year
Bachelor's degree or higher31.8%Top 31%2024 ACS 5-Year
Employment28,567Bottom 30%June 2026
Employment change (3 years)-0.2%Bottom 47%June 2026
Employment change (year over year)-1.3%Bottom 39%June 2026
Labor force30,319Bottom 31%June 2026
Labor force participation60.6%Top 50%2024 ACS 5-Year
Mean annual wage$91,790Top 6%2025 OEWS
Median annual wage$72,610Top 4%2025 OEWS
Unemployment change (year over year)0.4%Top 37%June 2026
Unemployment rate5.8%Top 11%June 2026
Median household income, successive ACS releases
202120222023202492k78k
Each point is a separate five-year estimate, most recently $91,664 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 — Seattle-Tacoma-Bellevue, WA
OccupationPeople employedMedian annual wage
Software Developers92,770$167,280
Home Health and Personal Care Aides54,670$48,210
Fast Food and Counter Workers49,190$39,150
Retail Salespersons46,620$42,080
Registered Nurses39,900$128,260
Business Operations Specialists, All Other38,800$101,920

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 Lakewood, WA, the city containing this ZIP code.

There are 16.1 students for every full-time teacher, more than in most measured places.

Public schools
15
2024-25 school year
Students per teacher
16.1
across all schools here
Math proficiency
Reading proficiency
SchoolDistrictStudentsPer teacherMathReading
Lakes High SchoolClover Park School District1,15819.0
Thomas Middle SchoolClover Park School District93417.6
Hudtloff Middle SchoolClover Park School District55515.0
Lake Louise Elementary SchoolClover Park School District45014.1
Idlewild Elementary SchoolClover Park School District38015.2
Custer Elementary SchoolClover Park School District35817.0
Oakbrook Elementary SchoolClover Park School District28515.0
Tillicum Elementary SchoolClover Park School District27215.1
FirwoodClover Park School District457.5
Alfaretta HouseClover Park School District26
Oak GroveClover Park School District113.7
Transition Day StudentsClover Park School District88.0

64.2% 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 $1,711 takes 22% of median household income, below the 30% threshold at which a household is considered cost-burdened.

A median home costs 5.5 times median household income here, well above the historic benchmark, at a level conventionally described as seriously unaffordable.

Rent as a share of income
22.4%
Below the 30% cost-burdened threshold
Home price to income
5.5×
median home value ÷ median income
Median gross rent
$1,711
2024 ACS 5-Year
Median home value
$506,300
2024 ACS 5-Year
MetricValueCompared with peersSource period
Home price to income5.52Top 13%2024 ACS 5-Year
Homeownership rate63.9%Bottom 20%2024 ACS 5-Year
Housing units ±70612,918Top 11%2024 ACS 5-Year
Median gross rent ±$88$1,711Top 15%2024 ACS 5-Year
Median home value ±$29,618$506,300Top 12%2024 ACS 5-Year
Rent as a share of income22.4%Top 23%2024 ACS 5-Year
Vacancy rate8.2%Bottom 39%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
56/ 100
Top 40% 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.

90% 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 6.3 permitted units per 1,000 residents, building activity is above the median for measured US ZIP areas.

Units permitted
396
12 months ending July 2026
Per 1,000 residents
6.3
Top 24% nationally
Year over year
−8%
vs the prior twelve months
Multifamily share
90.4%
units in 5+ unit buildings

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

Weather & climate

5 of the twelve months have a normal average temperature between 55°F and 80°F. July averages a high of 76°F and January a low of 36°F.

Normal annual precipitation is 42.0 inches.

30°50°70°90°JFMAMJJASOND
Solid line: normal daily high. Dashed line: normal daily low. 1991-2020 normals from NOAA station TACOMA NARROWS AP, 7.5 miles from this location.
Precipitation
JFMAMJJASOND7.2"
Normal monthly precipitation, in inches.
MetricValueSource period
Annual precipitation42.0"1991-2020 Normals
Average January low36°F1991-2020 Normals
Average July high76°F1991-2020 Normals
Comfortable months51991-2020 Normals
Seasonal temperature swing24°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 avalanche.

EarthquakeHigh
Volcanic activityModerate
AvalancheModerate
Heat waveModerate
LandslideModerate

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

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

2 major airports lie within 100 miles, the nearest 23 miles away.

AirportCodeDistanceLongest runway
Seattle-Tacoma IntlSEA23 mi11,901 ft
Boeing Fld/King County IntlBFI28 mi10,007 ft
Portland IntlPDX109 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
54
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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.

98498 vs Lakewood

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

98498
Lakewood
Median household income
$91,664
vs
$74,720
Per capita income
$50,374
vs
$44,695
Population density
2,937/sq mi
vs
3,689/sq mi
Median home value
$506,300
vs
$461,200
Median gross rent
$1,711
vs
$1,525
Homeownership rate
63.9%
vs
47.5%
Bachelor's degree or higher
31.8%
vs
23.2%
Poverty rate
8.1%
vs
13.2%
Median age
40.8
vs
37.4

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.